Adani Ports and Special Economic Zone Ltd.

Adani Ports and Special Economic Zone (APSEZ) is currently trading at Rs. 272.00, up by 1.85 points or 0.68% from its previous closing of Rs. 270.15 on the BSE.

The scrip opened at Rs. 275.00 and has touched a high and low of Rs. 276.00 and Rs. 271.50 respectively. So far 1,28,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 335.20 on 22-Sep-2015 and a 52 week low of Rs. 169.65 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 277.60 and Rs. 262.00 respectively. The current market cap of the company is Rs. 56,329.00 crore.

The promoters holding in the company stood at 56.68%, while Institutions and Non-Institutions held 37.33% and 5.99% respectively.

Abbot Point Operations, an Australian subsidiary of Adani Ports and Special Economic Zone (APSEZ) has entered into an agreement to acquire ownership of Abbot Point Bulkcoal (APB). APB is an Australian registered company performing the operations and maintenance activities of Abbot Point Coal Terminal in Queensland, Australia. Under the agreement, APO acquires 100% of shares in APB from Glencore Coal Queensland upon receiving certain approvals.

Post-acquisition, Abbot Point Operations (APO), a wholly owned subsidiary of the company will be the 100% owner of Abbot Point Bulkcoal (APB) and have the control of Operations and Maintenance Agreement for the operations of Abbot Point Coal Terminal, Queensland, Australia.

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.