SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Adani Ports records 42% growth in cargo volumes in November

04 Dec 2023 Evaluate

Adani Ports and Special Economic Zone (APSEZ) has recorded strong cargo volumes of around 36 MMT, a robust 42% year-on-year increase in November 2023. Growth was witnessed across all three broad cargo categories - dry bulk (over 60% Y-o-Y), containers (over 26%) and liquids and gas (over 23%). In the initial eight months of FY 24 (April-November 2023), the company has handled around 275 MMT of cargo, a healthy 21% Y-o-Y growth. This marks over 70% of the top-end of its full-year guidance range of 370-390 MMT. 

Adani International Container Terminal (AICTPL), the joint venture terminal at the APSEZ in Mundra, achieved a momentous milestone by successfully handling over 3,00,000 containers in the month of November. This remarkable accomplishment is not only a significant achievement for APSEZ but also marks a historic event in the annals of Indian maritime history. AICTPL created a national record by handling 3,00,431 TEUs across 97 vessels in November 2023, breaking its own record of 2,98,634 TEUs in March 2021, by handling around 10,000 TEUs every day. Two other ports of APSEZ, Dhamra and Ennore, also recorded their highest ever monthly volumes, handling 3.96 MMT and 65,658 TEUs respectively.

Adani Ports and Special Economic Zone, a part of globally diversified Adani Group, is the largest integrated logistics player in India.


Adani Ports &Special Share Price

1573.10 23.65 (1.53%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×