Page 22 - Adani Ports

Coronavirus spread to weigh on domestic ports and logistics sectors

At present, sectors like warehousing, trucking, and last-mile delivery, are facing several challenges. Labour shortage has turned out to be the biggest one, across segments.

Adani Ports raises Rs 1,500 cr through non-convertible debentures

The NCDs will be listed on the Wholesale Debt Market segment of the BSE.The finance committee meeting of the company held a meeting on Monday.

Adani Ports raises Rs 125 crore through non-convertible debentures

Adani Ports arm has raised Rs 125 crore today by allotment of 1,250 rated, listed, secured, redeemable, non-convertible debentures (NCDs) of the face value of Rs 10,00,000 each

Norway's sovereign wealth fund raises bets on corporate bonds in India

The fund has added two new names - Adani Ports & Special Economic Zone and Britannia Industries - show the fund's latest disclosures

Adani Ports has enough leeway to buy out stake in Krishnapatnam Port: S&P

Adani Ports and Special Economic Zone (APSEZ) has sufficient financial headroom to absorb its proposed acquisition in Krishnapatnam Port Company (KPCL), S&P Global Ratings has said. "APSEZ's strong financial performance and flexibility in adjusting capital expenditure (capex) and dividends, and earnings contribution from Krishnapatnam will allow it to maintain its leverage within our rating threshold," the ratings agency said in a statement. Adani Group's port developing arm had last week said that it will acquire 75 per cent stake in KPCL in a cash deal that values the port at Rs 13,500 crore. S&P Global Ratings said that it expects APSEZ to maintain its ratio of funds from operations to debt at more than 15 per cent following the acquisition. "APSEZ's leverage is likely to be about 15 per cent in fiscal 2021 (year ending March 2021) as a result of the acquisition, compared with our previous estimate of about 18 per cent. "Leverage will then revert to 15-17 per cent in fiscal

Top trading ideas by CapitalVia Global Research: Buy Adani Ports, Voltas

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Adani Ports to acquire 75% stake in Krishnapatnam Port for Rs 13,572 cr

Company could now set eyes on NCLT-listed Dighi Port, say analysts

Why CMD role separation remains a work in progress despite deadline nearing

Sebi, in its October 2017 report on corporate governance, said listed firms should have a different person heading the management and another in place as chairman of the board

Adani Ports up 2% on acquisition of 40% stake in Snowman Logistics

The purchase price of Rs 44 per share is a 3.2 per cent premium to the market price of December 27

Adani enters cold chain biz with Rs 296 cr Snowman Logistics stake purchase

Company picks up 40% in Snowman, plans to double capacity over next five years as it integrates logistics services and moves from port gate to customer gate

New World Fund sells over 10 mn shares in Adani Ports worth Rs 401 cr

As per September 2019 shareholding data, New World Fund Inc was a public shareholder of Adani Ports and held 2.07 per cent stake

Nifty outlook and trading ideas by CapitalVia: Buy Adani Power, Adani Ports

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Nifty Outlook and top trading ideas by CapitalVia: Buy SRF, Adani Ports

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Top stock picks by Jay Anand Thakkar of Anand Rathi: Buy ACC, Adani Ports

Top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.

Adani Ports banks on growth containers, gas to double volume; stock up 5.3%

Delay in freight corridor, muted near-term volumes, and a weak rupee are worries

Adani Ports Q1 net profit jumps 47.50% to Rs 1,029 crore from Rs 697 cr

Total income grew to Rs 3,216.92 crore during the quarter under review as against Rs 2,703.86 crore a year ago

Adani Ports among 3 firms interested in reviving Nagarjuna Oil Corporation

NOCL has revealed that the three prospective bidders have submitted their Expression of Interest (EoI) for submission of their Scheme for revival under the Section 230 of the Companies Act, 2013

Adani Ports & SEZ plans $650-mn fund mop-up via unsecured notes issuance

The company intends to use the proceeds of the issue of notes, together with cash on hand of the company, to fund the tender offer and to redeem for cash any and all of its senior notes due in 2020

Adani Ports plans to raise Rs 5,195 crore to fund capex, pare debt

Shares of APSEZ were trading 0.92% lower at Rs 411.20 apiece on BSE

Adani becomes 1st Indian port operator to record 200 MT cargo movement

APSEZ, part of Gautam Adani-led Adani Group had recorded 100 MT cargo in 2013-14