Adani Ports rises on incorporating wholly owned subsidiary company
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Adani Ports is currently trading at Rs. 779.30, up by 8.20 points or 1.06% from its previous closing of Rs. 771.10 on the BSE.
The scrip opened at Rs. 771.25 and has touched a high and low of Rs. 783.30 and Rs. 771.25 respectively. So far 22580 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 916.00 on 16-Nov-2022 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. 808.50 and Rs. 766.20 respectively. The current market cap of the company is Rs. 168285.62 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 (APSEZL) has incorporated a wholly owned subsidiary (WOS) company ‘Udanvat Leasing IFSC’. The company has incorporated a WOS on October 23, 2023. Udanvat Leasing IFSC is incorporated with object to carry out business activity of owning and leasing of Aircraft.
Adani Ports and Special Economic Zone, a part of globally diversified Adani Group, is the largest integrated logistics player in India.
