Adani Ports and Special Economic Zone Ltd.

Adani Ports is currently trading at Rs. 151.55, up by 1.65 points or 1.10% from its previous closing of Rs. 149.90 on the BSE.

The scrip opened at Rs. 152.50 and has touched a high and low of Rs. 152.90 and Rs. 148.00 respectively. So far 168318 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. 111.00 on 02-Jan-2012.

Last one week high and low of the scrip stood at Rs. 152.90 and Rs. 138.00 respectively. The current market cap of the company is Rs. 29900.66 crore.

The promoters holding in the company stood at 77.50% while Institutions and Non-Institutions held 15.51% and 7.00% respectively.

Adani Ports and Special Economic Zone has reported results for third quarter ended December 31, 2011.

The company has reported a surge of 35.95% in its net profit of Rs 310.60 crore for the quarter ended December 31, 2011 as compared to Rs 228.47 crore for the same quarter in the previous year. Total income has increased by 53.05% from Rs 453.08 crore for Q3FY11 to Rs 693.44 crore in the quarter under review.

Mundra Port and Special Economic Zone is India’s largest private port and SEZ located on the west coast of India. It has 64 km of railway line with 7 railway siding and tow dedicated diesel locomotives. It has also constructed airstrip suitable for landing of mid-size jets.