Adani Ports & Special Economic Zone Ltd

(ADANIPORTS)

Adani Ports Faces Major Decline Amid Bribery Charges - 21 Nov, 2024

Adani Ports & SEZ shares dropped 20% following bribery charges against Gautam Adani and others, resulting in a market cap loss of ₹2.6 lakh crore. The stock is locked in a lower circuit, reflecting investor concerns over governance and financial stability.

Adani Ports Market Cap Rises by Rs 7,986 Crore - 19 Nov, 2024

Adani Ports shares surged 2.88% to Rs 1,316.10, adding Rs 7,986 crore to its market cap, now at Rs 2,84,295.89 crore. Strong investor confidence reflects positive sentiment in port and logistics operations.

Adani Ports Stock Rises, Market Cap Increases - 18 Nov, 2024

Adani Ports' shares rose by 1.44% to close at Rs 1,282.80, resulting in a market cap increase of Rs 3,941 crore, totaling Rs 2,77,102.62 crore.

Adani Ports Market Cap Declines Amid Stock Drop - 14 Nov, 2024

Adani Ports' shares fell by 1.78% today, resulting in a market cap decrease of Rs 4,949 crore, bringing it to approximately Rs 2,73,247 crore. The stock traded at ₹1,264.95.

Mundra Port Achieves Record Cargo Handling - 12 Nov, 2024

Adani Ports reported that Mundra Port handled a record 1.857 trains in October and has surpassed 185 million metric tonnes of cargo since April, accounting for over one-third of India's container cargo.

Adani Ports' Colombo Terminal Set to Open in 2025 - 10 Nov, 2024

The West Container Terminal at Colombo Port, developed by Adani Ports and John Keells Holdings, is expected to commence operations in Q1 2025, according to local media reports.

Adani Ports Faces Stock Decline Despite Growth - 05 Nov, 2024

Adani Ports shares dropped 2.38% following the release of their October business update, despite achieving an 8% year-on-year increase in cargo volumes.

Adani Ports Reports Cargo Growth Amid Share Decline - 04 Nov, 2024

Adani Ports reported handling 37.9 MMT of cargo in October 2024, reflecting an 8% YoY increase. Despite strong performance, shares fell 4%, impacting market cap significantly.

Adani Ports Receives Positive Ratings Amid Growth - 31 Oct, 2024

Adani Ports & SEZ has received positive ratings from HSBC and Motilal Oswal, with target prices of ₹1,750 and ₹1,780, respectively, driven by strong cargo volumes and EBITDA growth. The company continues to gain market share and maintain strong cash flows.

Adani Ports Reports Strong Q2, Analysts Remain Bullish - 30 Oct, 2024

Adani Ports & Special Economic Zone Ltd reported a 40% increase in net profit for Q2, leading to a 2% rise in shares. Analysts remain bullish, expecting significant growth driven by new acquisitions and logistics expansions. The company is also exploring new projects, including an international airport and a dry port, despite competition from JSW Infra in cargo growth.

Adani Ports Q2 Results Show Strong Profit Growth - 29 Oct, 2024

Adani Ports reported a 40% YoY increase in Q2 FY25 net profit to Rs 2,445 crore, driven by cargo volume growth. However, results fell short of market expectations. The company remains optimistic about meeting its FY25 EBITDA guidance.

Adani Ports Acquires 80% Stake in Astro Offshore Group - 25 Oct, 2024

Adani Ports has completed the acquisition of an 80% stake in Astro Offshore Group for ₹1,637.57 crore. This strategic move enhances its global presence in the marine services market and strengthens its position in vessel management.

Adani Ports Acquires 80% Stake in Astro Offshore Group - 24 Oct, 2024

Adani Ports has completed the acquisition of an 80% stake in Astro Offshore Group for ₹1,637.57 crore. This strategic move enhances its global presence in the marine service market, leveraging Astro's fleet of 26 offshore support vessels.