APSEZ records 12% YoY jump in cargo volumes during Apr'24

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

1. In Apr'24, APSEZ handled 36.2 MMT of total cargo, which is a good 12% YoY growth. Growth recorded across most domestic ports, with Dhamra Port recording its highest ever monthly cargo of 4.38 MMT.

2. Growth recorded across the three broad cargo categories i.e., Dry (+7% YoY), Liquid & Gas (+29%), and Container (+14%).

3. Growth in logistics segment continued with rail volumes up 5% YoY to 49,430 TEUs and GPWIS volumes increasing by 26% to ~1.8 MMT.

Shares of Adani Ports and Special Economic Zone Limited was last trading in BSE at Rs. 1320.35 as compared to the previous close of Rs. 1339.00. The total number of shares traded during the day was 283024 in over 11493 trades.

The stock hit an intraday high of Rs. 1354.40 and intraday low of 1310.50. The net turnover during the day was Rs. 376026626.00.

Source : Equity Bulls

Keywords

AdaniPortsandSpecialEconomicZone INE742F01042 APSEZ OperationalPerformanceUpdate April2024