Adani Logistics Ltd enters into JV agreement with DA Group

Adani Logistics Limited ('ALL'), wholly owned subsidiary of Adani Ports and Special Economic Zone Limited has today entered into joint venture agreement with DA Group ('DAG') and its affiliates for exploring opportunities in warehousing business.

The agreement is for development and operations of logistics and warehousing parks in Ahmedabad and Kolkata.

Shares of Adani Ports and Special Economic Zone Limited was last trading in BSE at Rs. 856.65 as compared to the previous close of Rs. 857.30. The total number of shares traded during the day was 176917 in over 5555 trades.

The stock hit an intraday high of Rs. 873.60 and intraday low of 845.50. The net turnover during the day was Rs. 151646639.00.

Source : Equity Bulls

Keywords

AdaniPortsandSpecialEconomicZone INE742F01042 JVAgreement DAGroup WarehousingBusiness