Adani Ports and Special Economic Zone Ltd - Operational Update - September 2023

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

APSEZ - September cargo volumes recorded a 26% YoY jump: 1H cargo at lifetime high of around 203 MMT

1. During September, 2023, APSEZ recorded cargo volumes of 32.8 MMT (+26% YoY) with all key ports delivering double-digit growth. This growth is contributed by all three cargo types - dry bulk (+32%), containers (+20%) and liquids & gas (+21%).

2. During 1H FY24 (Apr-Sep' 23) APSEZ managed 202.6 MMT of total cargo, thereby crossing the 200 MMT milestone in the initial six months of the year. This growth is supported by all key ports in the APSEZ portfolio, with container cargo growth of ~18% to 74.8 MMT and dry bulk growth of ~10% to 106.3 MMT.

3. Logistics business continues to record significant growth, with the highest-ever half-yearly rail volumes of 279,177 TEUs (+25% YoY) and GPWIS volumes of 8.92 MMT (+42%)

Shares of Adani Ports and Special Economic Zone Limited was last trading in BSE at Rs. 824.25 as compared to the previous close of Rs. 823.45. The total number of shares traded during the day was 102696 in over 4456 trades.

The stock hit an intraday high of Rs. 832.45 and intraday low of 822.25. The net turnover during the day was Rs. 84898129.00.

Source : Equity Bulls

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AdaniPortsandSpecialEconomicZone INE742F01042 OperationalUpdate September2023