Adani Ports and Special Economic Zone Ltd hits lifetime high monthly cargo volumes in May 2023

Adani Ports and Special Economic Zone Limited ("APSEZ") has announced the operational performance for May 2023 as under:

May 2023 records lifetime high monthly cargo volumes:

1. In May'23, APSEZ handled over 36 MMT of total cargo at its ports, implying 19% YoY growth.

2. On YTD basis, APSEZ has clocked ~68.5 MMT of overall cargo volumes, which is a good 16% YoY growth. Growth observed across most ports and all three cargo segments - Container +24%, Dry Bulk +12%, and Liquids & Gas +10%.

3. Logistics volumes also show a significant jump with YTD rail volumes of ~93,000 TEUs (+25% YoY) and GPWIS volumes of ~3 MMT (+46%).

Shares of Adani Ports and Special Economic Zone Limited was last trading in BSE at Rs. 732.30 as compared to the previous close of Rs. 737.25. The total number of shares traded during the day was 218928 in over 5981 trades.

The stock hit an intraday high of Rs. 744.80 and intraday low of 730.00. The net turnover during the day was Rs. 161178994.00.

Source : Equity Bulls

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AdaniPortsandSpecialEconomicZone INE742F01042 May2023 LifetimeHigh CargoVolumes