Gujarat Pipavav Port Climbs 27% in Mumbai Trading Debut

Gujarat Pipavav Port Ltd. rose as much as 27 percent in its trading debut in Mumbai today.

The shares, which started trading at 56.25 rupees, changed hands at 55.65 rupees as of 9:01 a.m. local time. Gujarat Pipavav sold shares for 46 rupees each in an initial public offering last month.

To contact the reporter on this story: Paresh Jatakia in Mumbai at pareshj@bloomberg.net

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