Shares in Gujarat Pipavav Port Ltd rose as much as 18.5 per cent to a record high of Rs. 106.45 after the port operator reported a 72 per cent surge in January-March net profit.
Kotak Institutional Equities increased its price target for Gujarat Pipavav to Rs. 115 from Rs. 100, calling the results "strong" and calling valuations "reasonable."
Kotak Institutional Equities increased its price target for Gujarat Pipavav to Rs. 115 from Rs. 100, calling the results "strong" and calling valuations "reasonable."