24 May 2025, Sat

Adani ports share: The shares of India’s largest private port operator Adani Ports and Special Economic Zone Limited (APSEZ) gained more than 6 percent on Friday as the Adani Group’s performance was excellent in the fourth quarter of this company. Apart from this, even after the official inauguration of Vizhinjam International CEL, made by Prime Minister Narendra Modi in Kerala, the company’s stock was bounced.

So much cost in making Vizhinjam port

Under the PPP mode (Public-Private Partnership), this port, built at a cost of about Rs 8,900 crore, will be operated by the Adani Group operator led by Gautam Adani, which has a majority stake in the Kerala government.

By the time this report was written, the shares of Adani Ports were trading at Rs 1,273.40 with a gain of 4.6 percent on BSE. Its market capitalization is Rs 2.75 lakh crore. In the session so far, with a jump of 6.4 percent, the share of Adani Ports has touched the high level of 1,294.85.

Business of shares is getting fierce

The stock also saw a bounce in shopping between strong volumes as 9.5 lakh shares were traded in the first two hours of the businessman, while the average of two weeks is a turnover of 1.8 lakh shares. Currently, the shares of Adani Ports are trading below Rs 1,607.95 for 52-weeks touched on June 3, 2024.

Whereas on November 21, 2024, the 52-week low level has gained a lead of 29 percent from Rs 993.85. In the last one year, the company’s stock has given negative returns of 5 percent. Whereas in the last six months, it has declined by about 6 percent. The company’s shares have gained an increase of 4.5 percent year after year.

Profit was so much in March quarter

Revenue 23 percent has increased to Rs 8,488 crore from the operation of Adani Ports in the March quarter of FY 2025. While Ebitda has increased from 23.8 percent to 5,006 crore. The margin was 59 percent against 58.6 percent of the same period of a year ago. The company has also announced dividend to shareholders. The board has recommended 75 percent dividend for the financial year 2024-25 at 7 per share, Rs 2 per unit.

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