Adani Ports rises as its arm incorporates wholly owned subsidiary
Adani Ports and Special Economic Zone is currently trading at Rs. 1413.30, up by 13.65 points or 0.98% from its previous closing of Rs. 1399.65 on the BSE.
The scrip opened at Rs. 1399.35 and has touched a high and low of Rs. 1418.65 and Rs. 1385.45 respectively. So far 50710 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. 993.85 on 21-Nov-2024.
Last one week high and low of the scrip stood at Rs. 1418.65 and Rs. 1358.90 respectively. The current market cap of the company is Rs. 303499.52 crore.
The promoters holding in the company stood at 65.89%, while Institutions and Non-Institutions held 28.16% and 5.96% respectively.
Adani Ports and Special Economic Zone’s wholly owned subsidiary -- Adani International Ports Holdings Pte (AIPHL) has incorporated ‘East Africa Ports FZCO’, a wholly owned subsidiary on May 26, 2025.
East Africa Ports FZCO has been incorporated as a step-down subsidiary of the company to carry out business of investment in commercial enterprises & management.
Adani Ports and Special Economic Zone (APSEZ) is the largest commercial ports operator in India accounting for nearly one-fourth of the cargo movement in the country.
