Adani Ports announces operational performance for July 2022

Adani Ports and Special Economic Zone Limited ("APSEZ") has announced the operational performance for July 2022 as under:

July 2022 - Record monthly cargo volumes at 31+ MMT; April-July average run rate is at 30.5 MMT

- APSEZ handled 31.23 MMT of cargo in July '22, implying a 13% y-o-y increase.

- In the initial four months of FY23, the company managed 122.12 MMT of cargo, which is a 9% y-o-y growth over a strong April-July 21, that saw the post COVID volume surge.

- Key ports that helped drive this monthly volume growth are Mundra (12% yo-y), Krishnapatnam (16% y-o-y), Tuna (81% y-o-y), Kattupalli & Ennore combined (87% y-o-y), and Dahej (69% y-o-y).

Shares of Adani Ports and Special Economic Zone Limited was last trading in BSE at Rs. 801.15 as compared to the previous close of Rs. 763.80. The total number of shares traded during the day was 1111063 in over 14514 trades.

The stock hit an intraday high of Rs. 803.95 and intraday low of 765.05. The net turnover during the day was Rs. 859589311.00.

Source : Equity Bulls

Keywords

AdaniPortsandSpecialEconomicZone INE742F01042 OperationalPerformance July2022