Page 2 - Adani Ports And Special Economic Zone Apsez

Adani Ports, Zydus Life, Paytm, Zomato among 11 stocks to track on June 18

On the previous day, US markets settled higher, with Nasdaq and S&P 500 reaching record highs

Adani Ports share price soars 2% on securing Kolkata port terminal contract

The uptick in share price came after the company announced that it has secured a Letter of Intent (LoI) for operation and maintenance of container terminal at Kolkata Port

Adani Ports to be included in Sensex from June 24, Wipro to be excluded

Analysts said Adani Ports could be assigned a weightage of 1.2 per cent in the Sensex

Adani Ports' 0.5% stake worth Rs 1,480 crore changes hands, seller unknown

Adani Ports holds a 65.89% stake in the company, mutual funds owns 3.1% stake, while India's largest insurance company, LIC, holds a 7.86% stake

Adani Group plans to invest $3 bn for global ports expansion in 3-5 years

Adani Ports aims to increase cargo traffic in the Middle East, Southeast Asia, Africa, and the Mediterranean through strategic acquisitions and partnerships over the next 3-5 years

RIL, Adani Ports, Vi, Biocon, CONCOR among nine stocks to track on May 17

At 6:51 AM, GIFT Nifty futures showed a rise of 26 points, trading at 22,478 levels, signaling a subdued start for the stock exchanges

Norway excludes Adani Ports from govt pension fund over ethical concerns

US defence contractor L3Harris Technologies and China's Weichai Power have also been excluded

In discussion with various parties: Adani Ports on investing in Philippines

Adani Ports issued a clarification on reports stating the company planned to launch a development project in Bataan, Philippines to expand its ports. Here's what they said

Adani Ports to invest in Philippines, eyes Bataan for port development

Adani Ports and Special Economic Zone Limited (APSEZ) is eyeing Bataan to establish a 25-meter-deep port capable of accommodating Panamax vessels

APSEZ's Vizhinjam Port gets nod to run as India's first transshipment hub

In December 2015, Adani Ports and Special Economic Zone Limited (APSEZ) initiated the international transshipment project in Vizhinjam, Kerala

Adani Ports rallies 4%; market cap hits Rs 3 tn on strong cargo volumes

In the past two trading days, the stock of Adani Group company has surged 6 per cent. It was quoting higher for the eight straight days, soaring 15 per cent during this period

Gautam Adani's APSEZ cargo grows 24% at 420 million tonnes in FY24

At the start of FY24, the company's guidance for cargo volumes for the fiscal year was 370-390 mmt. 408 mmt of the company's cargo volumes came from its domestic ports

Stocks to watch on March 27: Aster DM, Adani Ports, CDSL, SpiceJet, L&T

Stocks to watch on March 27: SpiceJet on Tuesday said it had signed an agreement with aircraft lessor Export Development Canada (EDC) to settle liabilities worth Rs 755 crore

Adani Group shares trade weak; Total Gas, Ports, Energy slip up to 8%

According to a Bloomberg report, US prosecutors have widened their probe against India's Adani Group to focus on whether the company engaged in bribery

Adani Group's Ebitda sees increase of 34% at Rs 79,000 crore in 2023

Adani Group on Thursday said pre-tax profit or EBITDA of its portfolio companies that span from apples to airports soared 34 per cent to Rs 79,000 crore in the 12-month period ended December 2023 - 2.5x of EBITDA in financial year 2021. EBITDA of Rs 78,823 crore in 2023 is compared with Rs 58,653 crore pre-tax profit in the previous year, it said in a statement. "The growth was powered by the highly stable core infrastructure platform. Growing at 35.5 per cent, it generated Rs 66,208 crore (USD 8 billion) - 84 per cent of portfolio EBITDA," it said. Domestic and international rating agencies, including S&P Global and Moody's have upgraded or positively revised the outlook for all key portfolio companies. "The portfolio continues to remain conservatively leveraged with net debt to EBITDA as low as 2.5x," the statement said adding debt coverage stood at 2.1x and gross assets to net debt at 2.5x. The group maintained high liquidity with a healthy cash balance of Rs 44,572 crore at ..

APSEZ secures top rank in climate actions, environmental performance

Adani Ports and Special Economic Zone Ltd (APSEZ) on Sunday said it has secured top position for its climate actions and environmental performance in assessments done by four global rating agencies. The assessments were done by CDP, S&P, Sustainalytics and Moody's . While the company secured 'leadership band' in CDP Climate Assessment 2023, it ranked first on the environmental dimension among 324 companies in the transport and transport infrastructure sector by S&P Global CSA 2023, the statement said. The company also secured the top rank in the marine ports sector on a low carbon transition rating by Sustainalytics. It also received the 'advanced' rating in Moody's Energy Transition Rating and the first rank in the overall ESG Assessment and Strategy review in their last update. APSEZ is a part of the globally diversified Adani Group and is the largest port developer and operator in India .

Adani Ports Q3 result: Profits surge 68%, net profit reaches Rs 2,208 cr

Adani Ports and Special Economic Zone, India's largest private port operator, reported a nearly 68% surge in third-quarter profit on Thursday, helped by a jump in cargo volumes and higher tariffs

Adani Ports raises Rs 500 crore by issuing NCDs on private placement basis

Adani Ports and Special Economic Zone (APSEZ) on Tuesday raised Rs 500 crore by issuing non-convertible debentures on private placement basis. Billionaire Gautam Adani's firm in a regulatory filing said it has accepted bids aggregating to Rs 500 crore for two listed bonds, with one maturing in five years and the other in 10 years. "The company raised Rs 500 crore today i.e. January 9, 2024 by allotment of 50,000 rated, secured, listed, redeemable, non-convertible debentures (NCDs) of face value of Rs 1,00,000/ each on private placement basis," it said. The NCDs will be listed on the wholesale debt market segment of BSE. APSEZ is the largest port developer and operator in India with 7 strategically located ports and terminals on the west coast and as many ports and terminals on the east coast, representing 26 per cent of the country's total port volumes.

Adani Group commits Rs 42,700 cr investment in Tamil Nadu across sectors

Diversified conglomerate Adani Group has committed investments to the tune of Rs 42,700 crore in Tamil Nadu across various sectors on the second day of the Global Investors Meet 2024 held here on Monday. At the valedicatory session of the event organised by the ruling DMK government, memorandum of understandings between the Adani Group and the state government were signed in the presence of Chief Minister M K Stalin, Minister for Industries TRB Rajaa, Adani Ports and Special Economic Zone, Managing Director, Karan Adani. The investments by Adani Group is one of the big ticket projects bagged by the state government. The biggest investment of Rs 24,500 crore (of the total Rs 42,700 crore) would be made by Adani Green Energy Ltd in three pump storage projects in the next five to seven years, Adani Group said in a company statement. Besides, Adani ConneX, the hyperscale data centre provider of the Group, would pump in Rs 13,200 crore for setting up a data centre while Ambuja Cements (

Adani Ports to tap bond market for first time in more than two years

Both of Adani Ports's bonds have an issue size of 2.5 billion rupees. The company will offer a coupon of 8.70% on the bonds maturing in five years and an 8.80% coupon on the bonds maturing in 10 years