Adani Ports surges on the BSE
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Adani Ports and Special Economic Zone is currently trading at Rs. 831.10, up by 10.05 points or 1.22% from its previous closing of Rs. 821.05 on the BSE.
The scrip opened at Rs. 823.80 and has touched a high and low of Rs. 834.60 and Rs. 810.20 respectively. So far 288202 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. 910.00 and Rs. 801.00 respectively. The current market cap of the company is Rs. 174809.45 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 has incorporated wholly owned subsidiary namely ‘Adani Aviation Fuels’ (AAFL). The said incorporation is to carry on business of sourcing, transporting, supplying & trading of aviation related fuels, constructing, developing, managing, maintaining, building, equip, hiring of infrastructure related to the business. The company will acquire entire shareholding of AAFL by acquiring 50,000 equity shares of Rs 10 each aggregating to Rs 5 lakh.
Adani Ports and Special Economic Zone, a part of globally diversified Adani Group, is the largest integrated logistics player in India.
