Adani Ports surges on completing acquisition of 100% stake in Dhamra Port Company

24 Jun 2014 Evaluate

Adani Ports & Special Economic Zone is currently trading at Rs. 240.50, up by 4.10 points or 1.73% from its previous closing of Rs. 236.40 on the BSE.

The scrip opened at Rs. 239.10 and has touched a high and low of Rs. 242.00 and Rs. 239.10 respectively. So far 1,85,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 261.45 on 09-Jun-2014 and a 52 week low of Rs. 118.00 on 05-Sep-2013.

Last one week high and low of the scrip stood at Rs. 242.00 and Rs. 223.35 respectively. The current market cap of the company is Rs. 49,826.00 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 20.71% and 4.29% respectively.

Adani Ports & Special Economic Zone (APSEZ) has completed the acquisition of 100% stake in the Dhamra Port Company from L&T IDPL and Tata Steel. The company had earlier executed the share purchase agreement dated May 16, 2014 with L&T Infrastructure Development Projects (L&T IDPL) and Tata Steel for the same.

Adani Ports and Special Economic Zone is the country's largest private multi-port operator and part of the Adani Group, a global integrated infrastructure player.

Adani Ports &Special Share Price

871.95 38.40 (4.61%)
Aug 19, 18:03 View Price Chart
Company Name CMP
Adani Ports &Special 871.95
Gujarat Pipavav Port 84.75
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