Adani Ports surges on bagging Tajpur deep sea port project in West Bengal
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Adani Ports and Special Economic Zone is currently trading at Rs. 936.50, up by 3.95 points or 0.42% from its previous closing of Rs. 932.55 on the BSE.
The scrip opened at Rs. 934.90 and has touched a high and low of Rs. 953.15 and Rs. 928.00 respectively. So far 198379 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 987.90 on 20-Sep-2022 and a 52 week low of Rs. 652.05 on 24-Feb-2022.
Last one week high and low of the scrip stood at Rs. 987.90 and Rs. 917.05 respectively. The current market cap of the company is Rs. 199408.03 crore.
The promoters holding in the company stood at 66.02%, while Institutions and Non-Institutions held 29.30% and 4.65% respectively.
Adani Ports and Special Economic Zone (APSEZ) has bagged order in West Bengal for development of Tajpur deep sea port. The greenfield project will require total investment of Rs 25,000 crore, out of which Rs 15,000 crore will go toward port development and the rest toward building related infrastructure.
Earlier, the company’s wholly owned subsidiary -- HDC Bulk Terminal (HBTL) has signed the Concession Agreement with Syama Prasad Mookerjee Port, Kolkata (SMPK) for mechanization of Berth no. 2 at Haldia Dock Complex (HDC) in Bengal.
Adani Ports and Special Economic Zone, a part of globally diversified Adani Group, is the largest integrated logistics player in India.
