Adani Ports back in green on reporting better than expected Q1 numbers

01 Aug 2012

Adani Ports is currently trading at Rs. 123.00, up by 3.05 points or 2.54% from its previous closing of Rs. 119.95 on the BSE.

The scrip opened at Rs. 120.00 and has touched a high and low of Rs. 123.20 and Rs. 118.35 respectively. So far 1,07,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 169.75 on 28-Oct-2011 and a 52 week low of Rs. 109.80 on 24-May-2012.

Last one week high and low of the scrip stood at Rs. 125.35 and Rs. 113.35 respectively. The current market cap of the company is Rs. 23810.34 crore.

The promoters holding in the company stood at 77.50% while Institutions and Non-Institutions held 15.37% and 7.13% respectively.

Adani Ports and Special Economic Zone has reported results for first quarter ended June 30, 2012.

The company has reported a surge of 64.49% in its net profit at Rs 418.42 crore for the quarter under review as compared to Rs 254.37 crore for the same quarter in the previous year. The total income of the company has increased by 49.03% at Rs 789.41 crore for Q1FY13 as compared Rs 529.69 crore for the corresponding quarter previous year.

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.

Related Adani Ports and Special Economic Zone Ltd. Links:

Adani Ports &Special Share Price

748.55 0.00 (0.00%) Mar 05, 18:59
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323