Adani Ports and Special Economic Zone Ltd.

Adani Ports and Special Economic Zone (APSEZ) is currently trading at Rs. 309.00, up by 4.15 points or 1.36% from its previous closing of Rs. 304.85 on the BSE.

The scrip opened at Rs. 302.00 and has touched a high and low of Rs. 309.40 and Rs. 300.70 respectively. So far 82702 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 357.95 on 28-Feb-2015 and a 52 week low of Rs. 220.00 on 16-Jun-2014.

Last one week high and low of the scrip stood at Rs. 320.50 and Rs. 298.65 respectively. The current market cap of the company is Rs. 63281.48 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 21.26% and 3.74% respectively.

In a bid to reduce its debt cost, Adani Ports and Special Economic Zone is planning to raise Rs 15,000 crore through overseas bonds to refinance existing foreign loans and fund capital expenditure. The company has a debt of over Rs 11,000 crore.

Earlier this year, Adani group announced the demerger of all ports and power assets into two already listed firms, while the transmission business would be spun out into a new company to be listed separately.

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.