Adani Ports and Special Economic Zone (APSEZ) is currently trading at Rs. 404.00, up by 2.55 points or 0.64% from its previous closing of Rs. 401.45 on the BSE.
The scrip opened at Rs. 406.90 and has touched a high and low of Rs. 410.80 and Rs. 399.00 respectively. So far 69459 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 451.55 on 24-Jan-2018 and a 52 week low of Rs. 321.60 on 28-Apr-2017.
Last one week high and low of the scrip stood at Rs. 410.80 and Rs. 376.00 respectively. The current market cap of the company is Rs. 83593.97 crore.
The promoters holding in the company stood at 66.27%, while Institutions and Non-Institutions held 30.26% and 3.47% respectively.
Adani Ports and Special Economic Zone is planning to raise funds by issue of Equity Shares / convertible Bonds through Qualified Institutional Placement (QIP) / GDR / ADR / FCCBs / FCEBs / Convertible Securities.
The meeting of the board of directors of the company will be held on May 03, 2018, to consider the same. The board will also consider the issue of Secured / Unsecured Redeemable Non-Convertible Debentures on private placement basis.
APSEZ is part of Adani Group with businesses spanning coal trading, coal mining, oil & gas exploration, ports, multi-modal logistics, power generation & transmission and gas distribution. APSEZ represents a large network of ports with India’s largest Special Economic Zone (SEZ) at Mundra.