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
AICTPL raising first $300 million public dollar bond at lowest coupon size lends support
Increase in promoter pledges and debt levels continue to be key monitorables
The company ranked 14th in the transportation and transportation infrastructure sector of Dow Jones Sustainability Emerging Markets Index, 2020
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
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
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
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
We can witness short-covering move along with addition of fresh position only if Nifty breaches 12,000
The stock price of Adani Ports has formed a triple top formation on the daily chart at around 365 levels
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
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
On the lower side, 11,350-11,200 would be seen as a key support zone
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
For Adani Ports, after a 27 per cent volume fall in the June quarter, they increased 6 per cent in July.
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The company reported a 26 per cent year-on-year (YoY) decline in its consolidated net profit at Rs 758 crore.
The company said its board has also given its consent for exploring and evaluating the proposal to create a platform, which will hold rail infra assets and investments in rail entities
The company's total expenses during the quarter under review rose to Rs 1,805.24 crore, compared to Rs 1,796.34 crore in the year-ago period
Adani Ports and Special Economic Zone (APSEZ) on Tuesday said it has raised $750 million (about Rs 5,600 crore) by issuing fixed rate senior unsecured notes.