Adani Ports and Special Economic Zone rose 3.53% to Rs 156.95 at 14:21 IST on BSE after a block deal of 21.73 lakh shares was executed in the counter on BSE at Rs 158.25 per share at 12:33 IST.
The block deal constitutes 0.1% of Adani Ports and Special Economic Zone's equity.
Meanwhile, the S&P BSE Sensex was up 151.52 points or 074% at 20,571.78.
On BSE, 26.78 lakh shares were traded in the counter as against average daily volume of 4.10 lakh shares in the past two weeks.
The stock hit a high of Rs 159.30 and a low of Rs 153 so far during the day. The stock had hit a 52-week high of Rs 175 on 20 May 2013. The stock had hit a 52-week low of Rs 118 on 5 August 2013.
Adani Ports and Special Economic Zone's consolidated net profit rose 24.5% to Rs 343.03 crore on 47.1% growth in net sales to Rs 1045.87 crore in Q2 September 2013 over Q2 September 2012.
Adani Ports and Special Economic Zone is engaged in business of developing, operating and maintaining the port and port related infrastructure facilities including multi-product special economic zone. The company plans to handle 200 million tonnes of cargo by 2020.
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