Adani Ports is currently trading at Rs. 130.15, up by 1.50 points or 1.17% from its previous closing of Rs. 128.65 on the BSE.

The scrip opened at Rs. 128.65 and has touched a high and low of Rs. 130.95 and Rs. 127.00 respectively. So far 28541 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 169.75 on 28-Oct-2011 and a 52 week low of Rs. 111.00 on 02-Jan-2012.

Last one week high and low of the scrip stood at Rs. 136.35 and Rs. 125.65 respectively. The current market cap of the company is Rs. 26164.33 crore.

The promoters holding in the company stood at 77.50% while Institutions and Non-Institutions held 15.51% and 7.00% respectively. 

Adani Ports and Special Economic Zone along with Essar Ports are competing to win a bid to build Rs 3,683 crore mega container terminal at Chennai Port. While Adani's base is in Mundra, the Essar group has a strong presence in Vadinar and Paradip ports. The two Indian conglomerates were the only bidders for the Rs 3,700-crore project, designed to handle four million 20-foot containers annually.

However, for the proposed ‘build, own and transfer' project, the cost of dredging, floating crafts and navigational aids - estimated at Rs 561 crore - will be borne by the port trust. Meanwhile, the private operator will invest on berth and breakwater construction, reclamation of backup area, handling equipment and other landside infrastructure at a cost of Rs 3,125 crore.

Adani Ports is now the only private port infrastructure company to operate and construct ports and terminals across six locations in India - Mundra, Dahej and Hazira in Gujarat, Marmugao in Goa and Visakhapatnam where it has recently begun construction of a coal import terminal. The Mundra port is the fourth largest commercial and top most private port in India.

Adani Ports &Special Share Price

1400.70 -31.05 (-2.17%)
28-May-2024 15:50 View Price Chart
Peers
Company Name CMP
Adani Ports &Special 1400.70
JSW Infrastructure 287.60
Gujarat Pipavav Port 194.75
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