Adani Ports and Special Economic Zone is currently trading at Rs. 321.85, up by 0.15 points or 0.05% from its previous closing of Rs. 321.70 on the BSE.
The scrip opened at Rs. 323.35 and has touched a high and low of Rs. 326.40 and Rs. 320.20 respectively. So far 10684 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 430.00 on 23-May-2019 and a 52 week low of Rs. 317.00 on 09-Mar-2020.
Last one week high and low of the scrip stood at Rs. 351.60 and Rs. 317.00 respectively. The current market cap of the company is Rs. 65910.03 crore.
The promoters holding in the company stood at 62.46%, while Institutions and Non-Institutions held 34.56% and 2.98% respectively.
The National Company Law Tribunal (NCLT) has approved Rs 650-crore resolution plan submitted by Adani Ports & Special Economic Zone (APSEZ) for debt-ridden Dighi Port, located south of Mumbai. The resolution came with a huge 79.2 percent haircut to the lenders, as they had made a claim of Rs 3,098 crore.
The successful bid will give the Adanis access to Maharashtra, where it had no presence, even though the group straddles the entire coastline of the country with 11 operational ports and an under-construction transshipment terminal at Vizhinjam in southern Kerala. It can be noted that Dighi Port was the first port to go for a bankruptcy in April 2018.
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.
Company Name | CMP |
---|---|
Adani Ports &Special | 1320.20 |
JSW Infrastructure | 249.10 |
Gujarat Pipavav Port | 209.20 |
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