Adani Ports hits new lifetime high
The company has entered into an agreement with the Kerala government for building Vizhinjam seaport project.
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Shares of Adani Ports and Special Economic Zone were trading higher by 4% at Rs 373, also their new lifetime high on the NSE, after the company entered into an agreement with the Kerala government for building Rs 7,525 crore Vizhinjam seaport project.
On July 15, 2105, the company had received 'Letter of Award' from Fisheries & Ports (E) Department, government of Kerala, for development and operation/maintenance of the Vizhinjam International Deepwater Seaport Project on public-private partnership mode on Design, Build, and Finance Operate & Transfer (DBFOT) basis.
At 09:44 AM, the stock was up 3.7% at Rs 372 on the NSE. A combined 1.37 million shares changed hands on the counter on the NSE and BSE.
On July 15, 2105, the company had received 'Letter of Award' from Fisheries & Ports (E) Department, government of Kerala, for development and operation/maintenance of the Vizhinjam International Deepwater Seaport Project on public-private partnership mode on Design, Build, and Finance Operate & Transfer (DBFOT) basis.
At 09:44 AM, the stock was up 3.7% at Rs 372 on the NSE. A combined 1.37 million shares changed hands on the counter on the NSE and BSE.
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First Published: Aug 18 2015 | 9:49 AM IST