Adani Ports and Special Economic Zone rose 3.53% to Rs 156.95 at 14:21 IST on BSE after a block deal of 21.73 lakh shares was executed in the counter on BSE at Rs 158.25 per share at 12:33 IST.
The block deal constitutes 0.1% of Adani Ports and Special Economic Zone's equity.
Meanwhile, the S&P BSE Sensex was up 151.52 points or 074% at 20,571.78.
On BSE, 26.78 lakh shares were traded in the counter as against average daily volume of 4.10 lakh shares in the past two weeks.
The stock hit a high of Rs 159.30 and a low of Rs 153 so far during the day. The stock had hit a 52-week high of Rs 175 on 20 May 2013. The stock had hit a 52-week low of Rs 118 on 5 August 2013.
Adani Ports and Special Economic Zone's consolidated net profit rose 24.5% to Rs 343.03 crore on 47.1% growth in net sales to Rs 1045.87 crore in Q2 September 2013 over Q2 September 2012.
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Adani Ports and Special Economic Zone is engaged in business of developing, operating and maintaining the port and port related infrastructure facilities including multi-product special economic zone. The company plans to handle 200 million tonnes of cargo by 2020.
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