Adani Ports handled cargo volume of 73 MMT in January-March quarter of the financial year 2021 (Q4FY21). For the full FY21, APSEZ handled cargo volume of 247 MMT
Private sector ports and logistics company Adani Ports and Special Economic Zone Ltd. (APSEZ) is acquiring the residual 25% stake in Adani Krishnapatnam Port for Rs 2,800 crore
Early this month, the company announced the acquisition of Warburg Pincus's 31.5 per cent stake in GPL for Rs 1,954 crore
The Adani Ports had announced acquisition of Warburg Pincus's 31.5 per cent stake in GPL on March 3, 2021 and together with today's acquisition, APSEZ would now have 89.6 per cent stake in GPL
The stock of Adani Ports has seen some correction from its lifetime highs and, in the last two days, it witnessed a reversal
Existing holdings to run till maturity; Australia coal project key factor
MELBOURNE (Reuters) - Environmental campaign group Market Forces has asked S&P Global to review the inclusion of India's Adani Ports and Special Economic Zone Ltd in a Dow Jones Sustainability Index, citing its ties to the Myanmar military and role in developing a new thermal coal mine.
The board of IndiGrid Investment Managers will meet on Tuesday to decide on a proposal related to raising Rs 1,500 crore through a rights issue
Adani Ports partners John Keells Holdings PLC and Sri Lankan Port Authority to develop the West Container Terminal of Colombo Port in Sri Lanka on a Build, Operate and Transfer basis for 35 years
The company says the proportion of cargo from western and eastern coasts will shift to 60 percent and 40 percent respectively from 67 percent and 33 percent currently
A 31.5 per cent stake in Gangavaram Port is also credit neutral, the report said
In addition to volume gains, lower pledges and acquisitions such as Concor would be new triggers
The stake pick is subject to the approval of regulatory/ statutory authorities and the shareholders of the company.
The US bond yields which have become influential on stock prices, globally, spiked to 1.48 per cent
With the completion of this deal, Adani Ports' market share will increase to above 30 per cent at 12 locations across India
The government may cut the reserve price of spectrum ahead of the 5G auction, given 63 per cent of spectrum remained unsold at this week's auction, CLSA said in its investor note
Acquisition expands APSEZ's market share to 30 percent across 12 locations in India. The acquisition is subject to regulatory approvals
Reducing promoter pledge further can help drive stock gains
In the intra-day session, the Sensex and the Nifty indices touched a low of 51,586 and 15,171, respectively.
DPL, the 12th port to join APSEZ's string of economic gateways across the eastern and western coast of India will establish the company's footprint in Maharashtra, the largest contributor to GDP