Adani Ports & Special Economic Zone Ltd

Adani Ports Q2 profit rises 27% to ₹3,109 crore on higher cargo volumes

Adani Ports & SEZ reported a 27% rise in Q2 profit on strong cargo handling, with revenue up 30% and marine and logistics operations contributing significantly to growth

Adani's Vizhinjam port hits record 1 mn TEUs in just 9 months of operations

In under nine months since commencing commercial operations, Adani Group's Vizhinjam International Seaport has achieved a significant milestone of handling over 1 million twenty-foot equivalent units (TEUs). The achievement by the port operated by Adani Ports and Special Economic Zone (APSEZ) not only surpasses initial projections but has also redefined India's maritime map. At a ceremony held at the port to commemorate the milestone, Kerala's Minister for Ports V N Vasavan said the Vizhinjam Port had handled 1 million TEUs within just nine months of beginning commercial operations. "This is a proud moment for Kerala and India as an emerging maritime power." Second phase of the port project will begin soon, he said adding railway and road connectivity will also be built soon. Launched on December 3, 2024, Vizhinjam has already welcomed over 460 vessels, including 26 ultra large container vessels (ULCVs) measuring up to 399.99 metres. The port was originally expected to handle only

Why did Adani Ports shares surge 5% as Iran-Israel announced ceasefire?

Adani Ports shares were rising in trade today after Iran and Israel announced a ceasefire to end their "12-day war"

Adani Ent, & 19 others to go ex-date on June 13 for dividend, bonus, rights

Ex-date for dividend, bonus, rights issue: The ex-date marks the day a stock starts trading without the eligibility for dividends, bonus shares, stock splits, or rights issues

Adani Ports taps DBS for $150 mn capex loan, first global bank deal since probe

Just last month, the Adani Group raised roughly $750 million via an offshore private bond deal to finance a construction company acquisition

NCLT rejects Adani Ports' late bid for insolvent Tuticorin Coal Terminal

Lenders to consider existing proposal by Seapol; tribunal signals possibility of wider interest amid improved performance

Adani Enterprises tests 9-yr trend line support; tech view on group stocks

Adani group stocks have tumbled up to 47% since the start of December quarter. In case of a pullback Adani Green, Adani Ports and Adani Power can potentially rally up to 32%, show tech charts.

Govt allows Adani Krishnapatnam Port to import petroleum up to March 2026

The Centre has allowed Adani Krishnapatnam Port in Andhra Pradesh to import petroleum into India up to March 1, 2026, according to an official notification. The port has been allowed to import petroleum by sea from August 28, 2024, till March 1, 2026, in public interest, according to the notification by the Ministry of Ports, Shipping and Waterways. Owned and operated by Adani Ports and Special Economic Zone Limited (APSEZ), Adani Krishnapatnam Port Ltd is an all-weather deep water port located on the East Coast of India in Andhra Pradesh. Adani Ports & SEZ shares were trading higher by 0.56 per cent at Rs 1,267.30 on BSE in the pre-close session.

APSEZ, DPA to develop multipurpose berth at Gujarat's Kandla Port

Adani Ports and Special Economic Zone (APSEZ) on Wednesday said it has signed a concession agreement with DPA to develop Berth No 13 at Deendayal Port, Kandla, Gujarat. APSEZ has incorporated a wholly-owned subsidiary, DPA Container and Clean Cargo Terminal Limited (DPACCCTL), that will carry out operations at the berth, it said in a statement. Berth will handle multipurpose cargo and is expected to be commissioned in FY27. In July 2024, APSEZ had received the LOI for the development, operation and maintenance of the berth for a 30-year concession period. According to the statement, APSEZ will develop the berth under DBFOT (Design, Build, Finance, Operate, and Transfer) model for multipurpose clean cargo, including container cargo. Berth No. 13 is 300 metres long and offers 5.7 MMT capacity annually. It is likely to be commissioned in FY27. APSEZ CEO and whole-time director Ashwani Gupta said, "Berth No. 13 will diversify our presence at Deendayal Port. We will now handle multipu

Hindenburg vs Sebi chief: How to trade Adani stocks now? Levels to track

As Hindenburg saga resurfaces, here's a technical check on Gautam Adani-led Group stocks for the likely trend ahead.

Adani Ports sees 12% growth in June 2024, clocks 37 MMT cargo volume

Adani Ports and Special Economic Zone Ltd (APSEZ) handled its highest-ever monthly cargo volume of 420 MMT in April 2024

Adani gets environmental nod for Rs 45,000 cr Mundra port expansion

The environmental and coastal regulation zone approvals from the Centre will allow the company to more than double capacity of its flagship Mundra port to 514 million tonnes

Adani Ports share price soars 2% on securing Kolkata port terminal contract

The uptick in share price came after the company announced that it has secured a Letter of Intent (LoI) for operation and maintenance of container terminal at Kolkata Port

Adani Ports' 0.5% stake worth Rs 1,480 crore changes hands, seller unknown

Adani Ports holds a 65.89% stake in the company, mutual funds owns 3.1% stake, while India's largest insurance company, LIC, holds a 7.86% stake

Adani Group plans to invest $3 bn for global ports expansion in 3-5 years

Adani Ports aims to increase cargo traffic in the Middle East, Southeast Asia, Africa, and the Mediterranean through strategic acquisitions and partnerships over the next 3-5 years

Norway excludes Adani Ports from govt pension fund over ethical concerns

US defence contractor L3Harris Technologies and China's Weichai Power have also been excluded

How to trade Ambani, Adani stocks before Lok Sabha election outcome?

Caution advised at Ambani and Adani group stocks, as Reliance, Jio Fin, Adani Enterprises and Adani Ports trade at key support levels, show technical charts.

Adani Ports to invest in Philippines, eyes Bataan for port development

Adani Ports and Special Economic Zone Limited (APSEZ) is eyeing Bataan to establish a 25-meter-deep port capable of accommodating Panamax vessels

Adani Ports acquires 95% stake in Gopalpur Port in Rs 3,350 cr deal

Gopalpur Port handles primarily dry bulk cargo, including iron ore, coal, limestone, ilmenite, and alumina

Adani Ports set to buy 95% of Odisha's Gopalpur Port for $162 million

Adani Ports will purchase a 56% stake in Gopalpur Port from real-estate conglomerate Shapoorji Pallonji Group (SP Group) and a 39% stake from Orissa Stevedores