Technical analyst Anil Singhvi has maintained 'buy' rating on Gujarat Pipavav Port Limited stock to achieve an intra-day target of Rs 66.

According to analyst, the investors can buy the stock with stop loss of Rs 59.

The stock of the company, on February 21, closed at Rs 59.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 67.50 and a low of Rs 49.05 on BSE.

Gujarat Pipavav Port declared that the company has inked a deal with Gulf Petrochem India Private Ltd in which they propose to take on lease 90507 sq mtrs. of land at Pipavav Port to build up an primary tankage plant of 100,000 KL.

Gujarat Pipavav Port Ltd (GPPL) is the developer as well as manipulator of Pipavav port, which is the India's first private sector port.

Promoted by APM Terminals, GPPL is one of the leading container terminal operators allover the world functioning 50 termini in 31 nations, and is division of the Denmark-based A. P. Moeller Maersk Group.

Situated in the Saurashtra county, Pipavav port is one of the major entranceways on the west coast, offering up facilities for handling both containers as well as big cargoes.

The port is linked to the North Indian surroundings with a first-class road as well as rail system.