Other Adani Group entities also saw losses, which include Adani Green 0.45 per cent, Adani Energy Solutions 0.62 per cent, Adani Total Gas 0.53 per cent and Adani Wilmar 0.46 per cent
Adani Ports and Special Economic Zone Ltd (APSEZ) handled its highest-ever monthly cargo volume of 420 MMT in April 2024
Kerala Port Minister V N Vasavan on Tuesday said Adani Ports has been given an extension to complete the dredging activities in the navigation channel of nearby Muthalappozhi harbour, which has been witnessing frequent boat accidents and deaths for some years. While giving a reply during the question hour, the minister said the government had entered into an agreement with the Adani Ports in this regard in 2018, and the contract expired on June 11 this year. However, the company was given an extension to complete the work as it was delayed, he said. When legislator Saneesh Kumar Joseph (Congress) asked whether the government would be ready to take action against the port authorities for failing to fulfill its assurance, the minister, who spoke on behalf of Fisheries Minister Saji Cheriyan in his absence, didn't give a clear reply. "It is true that the contract period with Adani Ports was over. So, the port representatives and respective ministers held discussions and gave extension
Adani group shares such as Adani Enterprises, Ambuja Cements, Adani Power and ACC seem favourably placed on the charts, and can potentially rally up to 22 per cent from current levels.
Sebi slapped 'show cause' notice to Hindenburg; Adani Total Gas, Adani Energy Solutions, New Delhi Television and Adani Wilmar were up in the range of 1 per cent to 2 per cent.