Adani Ports and Special Economic Zone rose 0.53% at Rs 303.40 at 9:16 IST on BSE as the company replaced NMDC as a constituent in the 50-unit CNX Nifty index with effect from today, 28 September 2015.
Shares of NMDC were up 0.58% at Rs 95.65.
Meanwhile, the S&P BSE Sensex was down 1.42 points or 0.01% at 25,862.08.
On consolidated basis, Adani Ports and Special Economic Zone (APSEZ)'s net profit rose 12.8% to Rs 640.88 crore on 39.9% growth in net sales to Rs 1723.27 crore in Q1 June 2015 over Q1 June 2014.
APSEZ, a part of the Adani Group, is India's largest private port operator.
NMDC's net profit fell 47.2% to Rs 1010.12 crore on 48% decline in net sales to Rs 1805.28 crore in Q1 June 2015 over Q1 June 2014.
The Government of India (GoI) holds 80% stake in NMDC (as per the shareholding pattern as on 30 June 2015).
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