Page 12 - Adani Ports

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

Inter-group transactions, debts once again weigh on Adani Ports stock

While the stock trades at 30-35% discount to its historic valuation, inter-corporate transactions and debt remain an overhang

Adani Ports Q3 net up 42% to Rs 1,419 cr on double-digit cargo growth

About the operational highlights during the quarter, the company said its cargo volume grew by 12%

Adani's port projects catch a tailwind

Capacity constraints at Chennai Port and the promise of quick turnaround are drawing the attention of large shipping lines to its newly opened container terminal at Ennore

Adani Ports slips 6% post Q1 results

The stock slipped 6% to Rs 375 on the BSE after the company reported its consolidated net profit at Rs 6.97 billion in June quarter, due to mark to market loss of Rs 3.83 billion during the quarter.

Adani Ports acquires 97% in Marine Infrastructure for Rs 19.50 billion

Also, GMR Infrastructure announced developing through its subsidiary a deep-draft, multi-cargo greenfield port near Kakinada

Adani Ports to acquire 97% stake in Marine Infrastructure for Rs 19.50 bn

The acquisition will strengthen Adani's presence in East Coast and will enable the company to develop container terminal operation to increase market share

Adani Ports signs deal with IOC to offer LNG regasification services

The terminal will be capable of reloading LNG to service proximate markets via the maritime route

Why Adani must refinance $256 mn of its Carmichael loan by November

The project has drawn ire from environmentalists, who say it will endanger the health of the nation's Great Barrier Reef