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Reduce Gujarat Pipavav Port; target of Rs 75: Dolat Capital

Dolat Capital recommended reduce rating on Gujarat Pipavav Port with a target price of Rs 75 in its research report dated July 13, 2020.

July 20, 2020 / 11:25 AM IST
 
 
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Dolat Capital's research report on Gujarat Pipavav Port


Gujarat Pipavav Annual Report echoes its strong business proposition despite the dependency of its business on the macros. The AR highlights the robust operational performance, though impacted by Covid. The company remains positive on market share tilting towards railways from road due to its reliable evacuation and cost efficient during the lockdown. Further it contemplates that imports to recover faster as they expect India to recover faster.



Outlook


Additionally, DFCC and upcoming projects like Dholera industrial region near Pipavav will provide good growth opportunities.

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For all recommendations report, click here


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first published: Jul 20, 2020 11:25 am

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