Under the agreement, APO will acquire 100% of shares in APB from Glencore Coal Queensland Pty Limited upon receiving certain approvals
Sustained volume growth, incremental gains from new ports and plans to reduce inter-corporate loans to keep stock momentum going
In past one-week the stock gained 13% as compared to a marginal 0.3% rise in the S&P BSE Sensex.
Company's total income up 11.28% at Rs 2,084 cr; consolidated cargo volumes rise by 7% y-o-y
Strategy is part of Adani Group's plans to develop a world-class portfolio of ports and allied logistics facilities
Adani Ports and Special Economic Zone (APSEZ) on Tuesday said it has raised Rs 252 crore through issuance of non-convertible debentures (NCDs) on a private placement basis.
Adani Ports & SEZ was ordered to pay for damage to environment during the UPA govt
Negative outlook reflects company's lower volume growth mainly due to lower coal volumes and an increase in capital expenditure and financial leverage, when compared to previous expectations, says rat
The surge in advances and debt are bigger worries, apart from flat volume growth
Country's biggest private ports player would complete Vizhinjam project on time
The company has also raised Rs 150 crore earlier this month through debentures