Gujarat Pipavav Port Ltd. slumped in trade at Dalal street today

Gujarat Pipavav Port Ltd. slumped in trade after the counter saw a bulk deal amounting to more than 8 lakh shares.

Gujarat Pipavav Port dropped 9.50 rupees, or 4.5 percent, to 200.50 rupees after a bulk deal amounting to 8.65 lakh shares was reported at a price of 204.35 rupees.

More than 13.5 lakh shares were traded on the NSE compared with a 5-day average of 79,000 shares.

Gujarat Pipavav has a market capitalisation of 9,755 crore rupees, up 34 percent in the past one year.

(Image credits: Indiatimes)