Adani Ports and Special Economic Zone Ltd.

BSE: 532921 | NSE: ADANIPORTS
Large Cap | Port
1421.50
-8.15 (-0.57%)
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APSEZ advances on inking pact with Kerala government for Rs 7,525 crore Vizhinjam port

Date: 18-08-2015

Adani Ports and Special Economic Zone (APSEZ) is currently trading at Rs. 367.50, up by 9.20 points or 2.57% from its previous closing of Rs. 358.30 on the BSE.

The scrip opened at Rs. 361.70 and has touched a high and low of Rs. 372.95 and Rs. 361.70 respectively. So far 182486 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 365.90 on 17-Aug-2015 and a 52 week low of Rs. 244.00 on 17-Oct-2014.

Last one week high and low of the scrip stood at Rs. 365.90 and Rs. 320.25 respectively. The current market cap of the company is Rs. 76045.35 crore.

The promoters holding in the company stood at 56.26% while Institutions and Non-Institutions held 37.20% and 6.54% respectively.

APSEZ has signed an agreement with the Kerala government for building Rs 7,525 crore Vizhinjam seaport project, which is expected to be operational in a record time of less than 1,000 days. The company has already initiated the planning and engineering work on this project and will kick off full-fledged construction on November 1, 2015, which happens to be Kerala's foundation day. Vizhinjam is the 8th port that the Adani Group is going to build in India. 

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.