Stock Report

Adani Ports and Special Economic Zone Ltd updates on October 2021 performance



Posted On : 2021-11-07 13:04:28( TIMEZONE : IST )

Adani Ports and Special Economic Zone Ltd updates on October 2021 performance

Adani Ports and Special Economic Zone Ltd (APSEZ) has announced the operational performance for the month of October '21 as under:

  • APSEZ's portfolio of ports handled cargo volume of 24.76 MMT (includes 2.11 MMT for Gangavaram Port), this is also an initial sign of and trend towards recovery from September '21, a growth of 7% month on month (m-o-m).
    • During the month Hazira Port handled record liquid cargo volume of 0.49 MMT which is the highest in this port's history.
    • Coal volume recovered in October and grew by 21% m-o-m to 7.67 MMT.
  • During the seven months of FY22, APSEZ handled cargo volume of 184.67 MMT (includes 18.01 MMT for Gangavaram Port), a growth of 50% on a yearon-year basis.
  • 3 new bulk rakes added (under GPWIS) during the month of October, taking the total number of bulk rakes to 21.
  • Our Bulk rail movement (GPWIS) is gathering momentum and growing fast, ALL handled cargo volume of 0.73 MMT highest ever monthly cargo handled for this business

Shares of Adani Ports and Special Economic Zone Limited was last trading in BSE at Rs. 713.75 as compared to the previous close of Rs. 709.00. The total number of shares traded during the day was 19270 in over 1042 trades.

The stock hit an intraday high of Rs. 716.75 and intraday low of 713.00. The net turnover during the day was Rs. 13766172.00.

Source : Equity Bulls

Keywords

AdaniPortsandSpecialEconomicZoneLimited INE742F01042 ADANIPORTS OperationalPerformance October2021