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| Name of Company | Pipavav Shiyard |
| BSE Code | 533107 |
| NSE Code | |
| ICICI Code | |
| Established | |
| My Take | Dislike |
| Headquarters | |
| Promoters | SKIL infra(Nikhil Gandhi) and Punj Llyod were promoters. Punj LLyod has exited in favor of SKIL. |
| Story | Nikhil Gandhi seems to have the big political connections. He previously sold the SEZ in Navi Mumbai to Mukesh Ambani. |
| Sector | Shipping |
| Sub-sector | Manufacturing and repairing |
| Website | |
| Positives | Some DII/FIIs including LIC and IDBI hold some shares in this company. Has 1000 Cr as reserves. Currently setting up an intergrated ship building facility which would be the largest in India. |
| Negatives | 6500 Cr market cap for a company not even making profits. Compare it with an established player, larger revenues and reasonably growing Bharati Shipyard which has a 600 Cr market cap. Valuations are highly unreasonably. Wait for this scrip to nosedive soon. Out of the 39.5 % shareholding, half or 20% is pledged. Revenues of BG are triple and Bharati are double the valuations of pipavav. |
| Peers | ABG, Bharati |
| News | |
| Price @ blogged | 97.65 (10-Jul-10) |
Jul 11, 2010
Pipavav Shiyard - 533107
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