Gujarat Pipavav Port LimitedNSE: GPPL

India's Gujarat Pipavav Port rises on contract win from ONGC

· Issued by Gujarat Pipavav Port Limited

** Shares of Gujarat Pipavav Port NSE:GPPL up 1.8% to 156 rupees

** Port operator gets contract from ONGC NSE:ONGC for hiring port and storage facilities

** Stock on track to snap two straight months of losses

** Nearly 3 mln shares traded, 2.1x their 30-day moving avg

** Avg analysts rating is "hold" and median PT is 158 rupees - data compiled by LSEG

** YTD, GPPL down ~16%