Page 6 - Adani Ports And Special Economic Zone Apsez

Adani Ports and SEZ crosses 300 MMT cargo handling in just 329 days

Adani Ports and Special Economic Zone (APSEZ) crossed 300 million metric tonne (MMT) of cargo handling on Thursday. The company crossed the cargo handling in just 329 days. APSEZ has registered growth since it started operations over two decades ago and continues to outperform all India cargo volume growth, with its market share rising rapidly, the company said in a statement. "APSEZ's flagship port, Mundra, is outpacing all its closest rivals by comfortable margins and continues to be the largest port in the nation in terms of volumes handled," APSEZ CEO and Whole Time Director Karan Adani said. APSEZ, a part of Adani Group, has evolved from a port company to an integrated transport utility providing an end-to-end solution from its port gate to customer gate.

Adani Ports considering to repay $605 mn of loans to calm investors

India's largest private sector ports operator, which reported an earnings miss in the latest quarterly earnings, also said it would roughly halve its capital expenditure next financial year

Adani Ports eyes Rs 15,000 cr Ebitda in FY23, will prepay Rs 5,000 cr debt

Prepayment to significantly improve net debt-to-Ebitda ratio, bring it closer to 2.5x by March, says company

Adani Ports acquires 49.38% stake in Indian Oiltanking for Rs 1,050 cr

Adani Ports and Special Economic Zone (APSEZ) said that it has acquired a 49.38 per cent stake in Indian Oiltanking, a developer and operator of liquid storage facilities

Adani Ports SEZ Sept quarter profit jumps 62% as cargo volumes surge

Adani Ports and Special Economic Zone, India's largest private operator of ports, reported a 69% surge in quarterly profit on Tuesday, driven by strong cargo volumes.

West Bengal govt hands over Letter of Award for Tajpur port to Adani Ports

At the event attended by industrialists and CEOs, Banerjee pointed to the growth in agricultural output and said, "Similarly, we have to take care of industry and investment."

Adani Ports receives NCLT approval to acquire 58.1% in Gangavaram Port

Deal to be a share swap, with issuance of 47.7 million APSEZ shares to the erstwhile GPL promoters; post-transaction, GPL will become a fully-owned subsidiary of APSEZ

Stocks to Watch: DreamFolks, RIL, HAL, L&T, Adani, Tata Motors, REC, NTPC

Stocks to Watch on Tuesday: DreamFloks Services to debut on Tuesday; Reliance Industries acquires majority stake in SenseHawk for $32 mn; Delta Corp in F&O ban.

Adani Ports Q1 results: How did the company perform in last four quarters

Adani Ports, the country's largest integrated logistics player, had clocked a consolidated net profit of Rs 1,033 crore in Q4FY22, over 21 per cent lower than the same quarter in FY21

Adani Ports handle 100 mmt cargo in 99 days, expects 60% growth by 2025

Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest integrated transport utility, has clocked a cargo throughput of 100 MMT in the first 99 days of FY23

APSEZ to seek shareholders's nod to reappoint Gautam S Adani as MD

Adani Ports and Special Economic Zone (APSEZ) will seek shareholders' nod this month for the reappointment of Gautam S Adani as its Managing Director, according to a regulatory filing

Sensex snaps 4-day winning run, slips 150 pts; RIL gains 2%, Oil India 4.5%

CLOSING BELL: The Nifty IT, Bank, and FMCG indices dropped over 1 per cent each

APSEZ consolidated net profit declines 22% to Rs 1,033 crore in Q4

The country's largest integrated logistics player had clocked a consolidated net profit of Rs 1,321 crore in the corresponding period of the previous fiscal, according to a BSE filing

Adani Ports cargo volumes accelerate to 300 million metric tonnes

Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday said it has achieved the milestone of handling 300 million metric tonnes (MMT) of cargo well ahead of the year end

APSEZ port crosses 300 mn tonnes of cargo handling through 12 ports

It took 14 years to achieve 100 MMT annually with five ports in its portfolio, and doubled it to 200 MMT with nine ports in just the next five years

Adani Ports forays into Bengal maritime sector, to operate berth at Haldia

The Kolkata port authorities on Thursday officially handed over the letter of award to Gautam Adani controlled Adani Ports and Special Economic Zone Limited (APSEZ) for mechanisation and upgradation of a berth in Haldia Dock Complex (HDC). This marks the entry of the country's largest private port operator in West Bengal's maritime sector. Syama Prasad Mookerjee Port (SMP), formerly the Kolkata Port Trust, said in a statement that the project envisages incorporating environment friendly, fully mechanised technology for handling dry bulk cargo. Berth no. 2, where the company will work, will offer a capacity of 3.744 million metric tons per annum and the investment will be about Rs 298.26 crore. The project is expected to commence in the fourth quarter of FY 2024-25. APSEZ outbid city-based Ripley & Co by quoting a royalty of Rs 75 per tonne for the rights to mechanise and run the dry bulk cargo handling berth at HDC. Adani had initially shown interest in privatisation of ...

Adani Ports shares decline over 2% post earnings

Adani Ports and Special Economic Zone on Tuesday reported a 6.20 per cent decline in consolidated profit to Rs 1,478.76 crore for the third quarter ended December 2021

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

Stocks to watch: SBI Card, Adani Ports, Cadila Healthcare, HCL Tech, AU SFB

IT company AGC Networks on Monday said its board has approved the appointment of Essar Group's Anshuman Ruia as executive director of the company

Adani Transmission, Adani Total Gas up 5% for fourth straight trading day

Thus far in the month of August, Adani Transmission has rallied 37 per cent, while Adani Total Gas has surged 32 per cent on the BSE, against 6 per cent rise in the S&P BSE Sensex