Adani Ports gains on planning to raise funds
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Adani Ports is currently trading at Rs. 1032.45, up by 13.80 points or 1.35% from its previous closing of Rs. 1018.65 on the BSE.
The scrip opened at Rs. 1028.00 and has touched a high and low of Rs. 1045.25 and Rs. 1022.15 respectively. So far 584209 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1082.95 on 06-Dec-2023 and a 52 week low of Rs. 394.95 on 03-Feb-2023.
Last one week high and low of the scrip stood at Rs. 1082.95 and Rs. 825.25 respectively. The current market cap of the company is Rs. 223779.59 crore.
The promoters holding in the company stood at 65.53%, while Institutions and Non-Institutions held 27.09% and 7.37% respectively.
Adani Ports and Special Economic Zone is planning to raise funds through the issue of non-convertible debentures (NCDs) or issue or renew preference shares on a private placement or preferential basis. The meeting of the Board of Directors of the Company will be held on December 12, 2023, inter alia, to consider the same.
Adani Ports and Special Economic Zone, a part of globally diversified Adani Group, is the largest integrated logistics player in India.
