Adani Ports

Stocks to Watch, Dec 3: Cipla, Axis Bank, Swiggy, TaMo, Adani Ports, SBI

Stocks to Watch, Dec 3: From Adani Group to Cipla here are few stocks that will be eyed today

Here is why Adani Ports shares were buzzing in trade on December 2

Notably, Adani Ports shares were among the top gainers among the 30 constituent stocks of the BSE Sensex

Kerala, Adani Ports sign agreement for development of Vizhinjam Seaport

As per the agreement signed on Thursday, the project, envisioned as a transformative step in Kerala's maritime infrastructure, will see its second and third phases nearing completion by 2028

Tanzania to keep pact with Adani for container terminal, says official

Adani Ports also struck a share purchase agreement for a 95 per cent stake in state-owned Tanzania International Container Terminal Services for $95 million

Kerala govt, Adani Vizhinjam Port to sign supplementary concession pact

The state cabinet meeting, chaired by Chief Minister Pinarayi Vijayan, approved the draft supplementary concession agreement

US development agency assessing ramifications on Adani's Sri Lanka project

US International Development Finance Corp last November said it would provide $553 million in financing for the port terminal project in Colombo, the capital of Sri Lanka

Stock Market Rally Highlights: Sensex soars 1,960 pts, Nifty ends above 23,900; SBI, TCS jump 4%

Stock Market Highlights: Benchmark Indian equity indices, the BSE Sensex and NSE Nifty50, settled higher by over 2 per cent each on Friday.

Adani Group shares plunge up to 20% post US SEC bribery, fraud charges

Gautam Adani, along with other executives, has been charged by US prosecutors for allegedly bribing ($250 million) Indian officials.

Adani Ports hits 5-month low; down 5% in two days post October biz update

Given APSEZ's market leadership and operational efficiency, it is set to remain a dominant beneficiary of growth in the ports sector with capex plans being funded via a mix of debt & internal accruals

Adani Ports Q2 result: Net profit rises 40% YoY but misses estimates

During the quarter, the company handled a total cargo of 111 MMT, up 10 per cent YoY

Adani Group to develop multipurpose berth at Gujarat's Kandla Port

The development will add a capacity of 5.7 MMT to the port operator's existing capacity of 580 MMT

Adani Ports to acquire 80% stake in Astro Offshore for $185 million

The company in a statement said the existing promoters of Astro will hold the remaining 20 per cent stake

Adani Ports to set up 2 projects in MP with Rs 3,500 cr investment

Adani Group firm APSEZ on Wednesday announced setting up a 2 million tonne capacity cement grinding unit in Guna and a propellant production facility at Shivpuri in Madhya Pradesh with a total investment of Rs 3,500 crore. Adani Ports and Special Economic Zone Ltd (APSEZ) MD Karan Adani made the announcement at the Gwalior Regional Industry Conclave here. He said the unit in Shivpuri is strategically aligned with the Aatmanirbhar mission to transform India from a defence importer to a defence exporter. These two projects would create over 3,500 direct and indirect jobs. Referring to the investment made by Adani Group in Madhya Pradesh, he said "we have already invested Rs 18,250 crore and created 12,000 jobs. Gwalior is fast becoming a tourism hotspot and a pool of high-quality talent and also a key transportation and trade hub. These developments are making Gwalior one of India's emerging economic centers, attracting investments across sectors." The Adani defence facility at Gwali

Gujarat govt helping Adani Ports 'secure monopoly', JPC essential: Congress

The Congress on Wednesday reiterated its demand for a joint parliamentary committee into the Adani issue and alleged that the Gujarat government was helping Adani Ports to "secure a monopoly" on the state's port sector. Congress general secretary in-charge communications Jairam Ramesh said the Gujarat government grants private ports a 30-year concession period on a Build-Own-Operate-Transfer (BOOT) basis, after which ownership gets transferred to the government of Gujarat. On the basis of this model, Adani Ports currently has control over Mundra, Hazira, and Dahej ports, he said. Before the 2024 Lok Sabha Elections, Adani Ports requested the Gujarat Maritime Board (GMB) to extend this concession period by another 45 years to 75 years in total, Ramesh claimed. "This was much beyond the maximum permissible period of 50 years, but the GMB hastened to request the Gujarat Government to do so anyways. The GMB was in such a hurry that it did so without approval from its Board, resulting

Adani Ports registers 47% jump in Q1 profit on strong cargo volumes

Shares of the Adani Group company were up 1.2% after the results, while the broader benchmark Nifty 50 gained 0.2%

Jigar S Patel of Anand Rathi recommends buying these three stocks today

After reaching a peak near the Rs 101-mark in September 2023, the IDFC First Bank stock experienced a substantial correction of 30 points, translating to a 29.34 per cent decline from its high.

Adani group's Vizhinjam port to see up to Rs 20K crore investment

Adani Ports to put in Rs 10K cr, may complete Phase-I in Sep, all phases by 2028

Adani Ports aims to complete phase one of long-delayed port by year-end

Adani Ports, a part of billionaire Gautam Adani's ports-to-power conglomerate, aimed to start operations at the port in the state of Kerala in 2018 but faced delays due to land acquisition issues

Adani Ports planning to invest $1.2 bn in new transshipment terminal

Transshipment refers to transferring cargo from an original ship to another, bigger mother ship at a port on the way to the cargo's final destination

History scripted as mothership lands at Adani Group's Vizhinjam port

The mothership is around 300 metres long and 48 meters wide and carries around 2,000 containers