Page 20 - Adani Ports
Adani Ports raises $500 mn via dollar bonds from marquee investors
This was the second issuance for APSEZ, third for the port vertical company of Adani Group this financial year with total issuance amounting to over $1.5 billion
 "Adani Ports raises $500 mn via dollar bonds from marquee investors")
Adani Ports to raise $500 mn from bond sale to capitalize on interest rates
Adani Ports & Special Economic Zone, the largest port operator in the country, is in the international debt market with a benchmark issue to raise at least USD 500 million. This is the third large bond sale by domestic issuers after Exim Bank's USD 1 billion issue at record low prices in the first week of the moth followed by SBI in the second week with a USD 6 billion sale. Adani Ports is the largest port developer and operator in the country in terms of volume, with coal and other dry bulk terminals showing an annual capacity of 478.6 million tonnes. "We are in the dollar debt market and are planning to raise USD 500 million through a Reg S issue," a merchant banking source told PTI on Wednesday without sharing other details like pricing and tenor saying the issue is the market. The last time it had paid 4.2 per cent coupon to USD 750 million issue last July. While Reg S issue means resident American investors can't subscribe to the issue, benchmark issue means a large issue ...
Ports, roads, steel: 5 companies step up investments as economy recovers
India is focusing on improving its infra as the economy recovers after the coronavirus pandemic. A look at at what Tata Group, L&T, Adani Ports, Ultratech Cement, and JSW Steel plan to do
 "Ports, roads, steel: 5 companies step up investments as economy recovers")
1,500-acre logistics park set to come up near the auto hub of Sanand
Spread across 1,450 acre at Virochan Nagar, the park is expected to attract investments worth Rs 50,000 crore in the logistics and transport space
 "1,500-acre logistics park set to come up near the auto hub of Sanand")
Adani Ports crosses Rs 1 trillion-mark in market capitalisation
AICTPL raising first $300 million public dollar bond at lowest coupon size lends support
 "Adani Ports crosses Rs 1 trillion-mark in market capitalisation")
Steady volume gains a positive sign for Adani Ports and SEZ stock
Increase in promoter pledges and debt levels continue to be key monitorables
 "Steady volume gains a positive sign for Adani Ports and SEZ stock")
Adani Ports becomes part of DJSI Emerging Markets Index; stock soars 7%
The company ranked 14th in the transportation and transportation infrastructure sector of Dow Jones Sustainability Emerging Markets Index, 2020
 "Adani Ports becomes part of DJSI Emerging Markets Index; stock soars 7%")
Adani Ports ranks 14th on global transportation in Dow Jones EM index
APSEZ is the only Indian company to have been included in this sector in one of the most sought-after sustainability indices in the world
Europacific Growth Fund offloads shares of Adani Ports worth Rs 906 cr
As per BSE bulk deal data, over 2.57 crore scrips were sold at Rs 352.01 apiece, translating into a deal value of Rs 906.76 crore
Adani Ports & SEZ Q2 consolidated profit up 32% to Rs 1,394 crore
The country's largest integrated logistics player had clocked a consolidated net profit of Rs 1,059.20 crore in the corresponding period a year earlier, the company said in a BSE filing
Top headlines: Future Retail files caveat in HC, US poll effect on markets
From how markets will react to US elections to Adani group being favourites for Sri Lanka port, Business Standard brings you the top headlines of the day
 "Top headlines: Future Retail files caveat in HC, US poll effect on markets")
Nifty needs to hold 11,800 for further upside: CapitalVia Global Research
We can witness short-covering move along with addition of fresh position only if Nifty breaches 12,000
 "Nifty needs to hold 11,800 for further upside: CapitalVia Global Research")
Jindal Steel, Adani Ports: Two stocks that Anand Rathi is bearish on
The stock price of Adani Ports has formed a triple top formation on the daily chart at around 365 levels
 "Jindal Steel, Adani Ports: Two stocks that Anand Rathi is bearish on")
Adani Ports completes Rs 12,000 cr deal for 75% stake in Krishnapatnam
The acquisition will accelerate APSEZ's stride towards 500 MMT by 2025 and is another step in implementing its stated strategy of cargo parity between west and east coasts
Adani Ports and SEZ completes acquisition of KPCL for Rs 12,000 cr
In FY21, the port is expected to generate an EBITDA of approximately Rs.1,200 crore resulting in an acquisition EV/ EBITDA multiple of 10x
11,550-11,650 to act as immediate hurdles: Sameet Chavan of Angel Broking
On the lower side, 11,350-11,200 would be seen as a key support zone
 "11,550-11,650 to act as immediate hurdles: Sameet Chavan of Angel Broking")
Adani Ports & SEZ raises Rs 900 cr through NCDs on private placement basis
Adani Ports and Special Economic Zone (APSEZ) on Friday said it has raised Rs 900 crore through allotment of non-convertible debentures (NCDs) on a private placement basis
 "Adani Ports & SEZ raises Rs 900 cr through NCDs on private placement basis")
Recovery of port volumes, market share gains bode well for Adani Ports
For Adani Ports, after a 27 per cent volume fall in the June quarter, they increased 6 per cent in July.
Indices end flat, Sensex falls 37 pts; private banks, pharma stocks decline
All that happened in the markets today
 "Indices end flat, Sensex falls 37 pts; private banks, pharma stocks decline")
Adani Ports gains 3% post Q1 nos; Co to raise up to Rs 3,000 crore via NCDs
The company reported a 26 per cent year-on-year (YoY) decline in its consolidated net profit at Rs 758 crore.
