Page 2 - Adani Ports And Special Economic Zone Apsez

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

Have made full disclosures in past, not facing Sebi probe on FPIs: APSEZ

Says absolutely no connection with FPIs based in Mauritius; has applied to operate Myanmar port

Adani Ports Q1 net jumps 77%; achieves highest ever quarterly volume growth

The country's largest integrated logistics player had clocked a consolidated net profit of Rs 757.83 cr in the corresponding period a year earlier

Former Adani exec Deepak Maheshwari is new CEO of Essar Oil UK

Maheshwari was the CFO of Essar Energy during his previous stint with the group

India Inc raises longer-term dollar bonds from foreign investors

In the current calendar year alone, Indian companies raised $4.6 bn from these markets so far

Adani Ports raises $750 mn overseas via long-term bonds in two tranches

Coupon rates for the 20-year bonds and 10.5-year tranche were fixed at 5% and 3.8% respectively

Strong FY22 volume outlook to support Adani Ports' stock after correction

Street believes concerns related to promoter group, Myanmar are overdone

Adani Ports to expand cargo ops, eyes 500 million tonne throughput by 2025

Company enjoys a 25% market share of India's exim cargo, wants to ramp it up to 40%

Top headlines: Jubilant FoodWorks Q4 net soars; Fitch downgrades APSEZ

Business Standard brings you the top news of the evening

APSEZ Q4 PAT up by 288%; Adani Total Gas Q4 PAT up by 19%

Adani Ports' operating revenue for Q4FY21 grew by 24% to Rs 3,608 crore

CCI approves APSEZ acquisition of 89.6% of equity in Gangavaram Port

The Competition Commission of India (CCI) has approved acquisition of 89.6 per cent of equity shareholding in Gangavaram Port Ltd (GPL) by Adani Ports and Special Economic Zones Ltd (APSEZ)

India Ratings gives logistics stable outlook in FY22, sees demand growing

Agency estimates 8 per cent year-on-year improvement in volumes for Indian ports in FY22.

Adani Enterprises becomes third group firm to hit Rs 1-trn market cap

Shares touched 52-week high of Rs 944.75 before closing 5.28% up on BSE

Adani Ports gains 5%, hits new high on completing Dighi Port acquisition

APSEZ plans to invest over Rs 10,000 crore to develop the port into a multi-cargo port and investing in the development of rail and road evacuation infrastructure

Adani Ports & SEZ Q3 consolidated profit up 16% to Rs 1,576 crore

Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported a 16.22 per cent increase in its consolidated profit to Rs 1,576.53 crore for the third quarter

Adani Port, Hero Moto: 86 stocks from Nifty500 can see over 10% upside

Mahindra & Mahindra, Page Industries, TVS Motor Company, and Wockhardt are among the noticeable names that are exhibiting trend reversal.