Adani Ports gains on recording 21% growth in cargo volumes in November 2024
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Adani Ports is currently trading at Rs. 1205.20, up by 15.55 points or 1.31% from its previous closing of Rs. 1189.65 on the BSE.
The scrip opened at Rs. 1213.45 and has touched a high and low of Rs. 1213.45 and Rs. 1192.85 respectively. So far 105875 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1607.95 on 03-Jun-2024 and a 52 week low of Rs. 825.25 on 1-Dec-2023.
Last one week high and low of the scrip stood at Rs. 1231.00 and Rs. 1105.00 respectively. The current market cap of the company is Rs. 260825.98 crore.
The promoters holding in the company stood at 65.89%, while Institutions and Non-Institutions held 28.48% and 5.63% respectively.
Adani Ports and Special Economic Zone (APSEZ) has handled 36 MMT of total cargo in November 2024, driven by containers, which was up by 21% Year-on-Year (Y-O-Y).
Year to Date (YTD) November 2024, APSEZ handled 293.7 MMT of total cargo (+7% YoY). This growth was supported by containers, which was up 19% YoY, followed by liquids & gas (+7%). YTD November 2024 logistics rail volumes grew 10% YoY to 0.42 Mn TEUs and GPWIS volumes grew 15% YoY to 14.2 MMT.
Adani Ports and Special Economic Zone, a part of globally diversified Adani Group, is the largest integrated logistics player in India.
