Adani Ports shares hit 52-week high on record cargo volume in Feb
The country's largest private port operator handled 35.4 MMT (million metric tonne) of total cargo, implying a healthy 33% YoY growth.
The country's largest private port operator handled 35.4 MMT (million metric tonne) of total cargo, implying a healthy 33% YoY growth.
Adani group companies, Adani Green Energy, Adani Energy Solutions, Adani Ports & SEZ, ACC, and Ambuja Cements eye net-zero emissions by 2050
DFC will be funding Colombo West International Terminal – a consortium of Adani Ports and SEZ – to support the growth of the Sri Lankan economy
Gautam Adani's comeback strategy has led to an 85% rise in group revenues in FY23, post the Hindenburg rout.
The investment firm picked up 22.56 lakh shares of Adani Ports through bulk deal on August 17, 2023, raising its stake in the company from 4.93% to 5.03%.
“The grounds advanced by Deloitte for resignation as statutory auditor was not convincing or sufficient to warrant such a move,” says Adani Group Company.
The board of APSEZ will meet on April 22 to consider partial buyback of its rupee or U.S. dollar denominated debt securities in the current fiscal.
On Friday, Adani Enterprises share price declined as much as 6.8% to ₹1,899 on the BSE, in sync with the broader market.
The selloff in Adani Group stocks continued on Thursday, wiping off $108 billion from the conglomerate's market capitalisation in a week.
The 7 listed companies of Gautam Adani-led Adani Group are 85% overvalued, says Hindenburg Research.