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150-fold spike in warehousing space to expand logistics pie for Adani Ports

Another near-term trigger for the stock would be the September quarter performance

Topics
Adani Ports | Adani Ports and Special Economic Zone APSEZ | Sensex

Ram Prasad Sahu  |  Mumbai 



port, adani port, export, import, trade
The company plans to invest about Rs 13,000 crore in the warehousing business and expects about Rs 2,000 crore in operating profit with a return on capital employed of around 18 per cent

The and Special Economic Zone (ADSEZ) stock gained nearly 10 per cent after the company highlighted plans to rapidly scale up its infrastructure.

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First Published: Wed, October 13 2021. 18:12 IST

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