Adani Ports surges after its arm incorporates wholly owned subsidiary
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Adani Ports and Special Economic Zone is currently trading at Rs. 1255.40, up by 9.80 points or 0.79% from its previous closing of Rs. 1245.60 on the BSE.
The scrip opened at Rs. 1254.85 and has touched a high and low of Rs. 1268.60 and Rs. 1231.75 respectively. So far 213529 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1290.80 on 05-Feb-2024 and a 52 week low of Rs. 533.65 on 23-Feb-2023.
Last one week high and low of the scrip stood at Rs. 1290.80 and Rs. 1231.75 respectively. The current market cap of the company is Rs. 270384.59 crore.
The promoters holding in the company stood at 65.89%, while Institutions and Non-Institutions held 26.73% and 7.38% respectively.
Adani Ports and Special Economic Zone’s (APSEZ) wholly owned subsidiary -- Shanti Sagar International Dredging (SSIDL) has incorporated a wholly owned subsidiary company (WOS) ‘Poseidon Leasing IFSC’ on February 8, 2024.
Poseidon Leasing IFSC is incorporated with object to carry out business of ship leasing including operating lease or financial lease of ships or ocean-going vessels and engines of ships or ocean going vessels or any other part thereof.
Adani Ports and Special Economic Zone, a part of globally diversified Adani Group, is the largest integrated logistics player in India.
