Adani Ports reports 31% YoY growth in cargo volume during January 2021

The company has announced about the operational performance of Adani Ports and Special Economic Zone Limited ("APSEZ") as under for January 2021:

APSEZ handled cargo volume of 26.02 MMT a growth of 31% on Year on Year basis (Includes volume of 3.87 MMT of Krishnapatnam Port which was acquired in October, 2020). The growth in cargo volume for the month of January, 2021 excluding Krishnapatnam Port was 11% on Year on Year basis.

Year to Date: (April, 20 to January, 21)

During the current financial year 2021, APSEZ handled cargo volume of 200.14 MMT (includes Krishnapatnam Port 13.60 MMT) thus registering a Year on Year growth of 8%.

Shares of ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD. was last trading in BSE at Rs.542.85 as compared to the previous close of Rs. 509.5. The total number of shares traded during the day was 392217 in over 8076 trades.

The stock hit an intraday high of Rs. 545.5 and intraday low of 500.2. The net turnover during the day was Rs. 204642232.

Source : Equity Bulls

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