Moneycontrol PRO

Buy Gujarat Pipavav; target of Rs 100: ICICI Direct

ICICI Direct is bullish on Gujarat Pipavav has recommended buy rating on the stock with a target price of Rs 100 in its research report dated August 04, 2022.

August 06, 2022 / 10:00 AM IST
  • bselive
  • nselive
Todays L/H

ICICI Direct's research report on Gujarat Pipavav

Gujarat Pipavav is a South-West Gujarat based port with an MNC promoter (APM Terminals – Maersk Group). It lies at a strategic international maritime location, which connects India with the Far East, on the one side, and Middle East, Africa, Europe and the US, on the other. The port container capacity is at 1.35 million TeUs, bulk capacity at 4-5 million MT and liquid capacity at 2 million MT • Container segment comprises ~70% of revenues.


We remain positive on the stock and maintain our BUY recommendation. We value the stock at Rs 100 i.e. 15x P/E on FY24E EPS.


For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions.

Gujarat Pipavav - 040822 - ic

Broker Research
first published: Aug 6, 2022 10:00 am
ISO 27001 - BSI Assurance Mark