Adani ports share price

Adani Ports and Special Economic Zone share price tanked 1.23% to Rs 725 today despite the company’s net profit rising 5.1% to Rs 1,158.88 crore from Rs 1,102.61 crore in the same period last year. Revenue from operations jumped 40% to Rs 5796.85 crore from Rs 4,140.76 crore in Q4FY22. The board declared a dividend of Rs 5 (250%) per equity share of Rs 2 each fully paid up for the fiscal 2023. Adani Ports shares have jumped 6.6% in the past one month and have fallen nearly 18% in the last 6 months. Should you buy, sell or hold Adani Ports stock? Kotak: Buy – Fair Value: Rs 835 (15.17% upside) “ADSEZ reported in-line results adjusted for the Haifa consolidation. More importantly, it sustained net debt to EBITDA at ~3X YoY in spite of the large investments made in FY2023. It expects FY2024 to see healthy mid-teens growth and a material decline in net debt to EBITDA to 2.5X. We marginally cut our estimates and increase FV to Rs 835 from Rs 810 on roll-forward,” said analysts at Kotak Institutional Equities. The brokerage continues to build in a high 14% CoE and would await further progress on the reduction in cash flow items linked to ICD given/received (gross amount high though down 50% yoy) and further clarification/reduction in large outstanding security deposits given to EPC contractors against capital commitment (have declined for the second-straight year). Nuvama: Buy – Target Price: Rs 956 (31.86% upside) “APSEZ continues to add its offerings aggressively across the bu...

Adani Ports' last day open price was ₹727.65, with a close price of ₹717.95. The stock had a high of ₹730.05 and a low of ₹720.8 during the day. The company's market cap is currently at ₹157,020.5 crore. Adani Ports' 52-week high was ₹987.9 and the 52-week low was ₹394.95. On the BSE, the stock had a volume of 417,225 shares. 29 May 2023, 03:19:04 PM IST Adani Ports trading at ₹737, up 1.39% from yesterday's ₹726.9 Adani Ports stock is currently trading at a price of ₹737 with a percent change of 1.39 and a net change of 10.1. This indicates a moderate upward movement in the stock's value. It is advisable to monitor the stock's performance over time to make informed investment decisions. 29 May 2023, 02:16:12 PM IST Adani Ports trading at ₹736.95, up 1.38% from yesterday's ₹726.9 Adani Ports stock is currently trading at ₹736.95, reflecting a 1.38% increase in its price from the previous trading day. The net change in the stock price is 10.05. This suggests that the stock is performing well in the market and has gained momentum. However, it is important to note that the stock market is volatile and subject to fluctuations. 29 May 2023, 02:00:11 PM IST Adani Ports trading at ₹737.25, up 1.42% from yesterday's ₹726.9 Adani Ports stock is currently trading at ₹737.25 with a percent change of 1.42 and a net change of 10.35. This indicates a positive movement in the stock price, with an increase of 10.35 points. However, it is important to note that this is a snapshot of the st...

Shares of Adani Ports & SEZ shares will be in focus on Tuesday morning after the Adani group company told stock exchanges that it has suspended its vessel operations at Mundra and Tuna port on Monday. The suspension of vessel operations was being done in view of an advisory issued by India Metrological Department on expected cyclone storm “Biparjoy", the company told stock exchanges post market hours. Shares of Adani Ports settled the day at Rs 742.25 on BSE. The stock is up 7 per cent in the last one month but has fallen 10 per cent in 2023 so far. As per reports, the cyclonic storm Biparjoy is likely to cross parts of the Gujarat coast on June 15 as a “very severe cyclonic storm”. The Indian Meteorological Department said that cyclone Biparjoy is very likely to move nearly northward till the morning of June 14 and later move north-north eastwards and cross Saurashtra and Kutch and adjoining Pakistani coasts between Gujarat’s Mandvi and Pakistan’s Karachi around June 15 noon. "It is very likely to move nearly northward till the morning of June 14, then move north-north eastwards and cross Saurashtra and Kutch and adjoining Pakistan coasts between Mandvi (Gujarat) and Karachi (Pakistan) around noon of June 15 as a very severe cyclonic storm with a maximum sustained wind speed of 125-135 kmph gusting to 150 kmph," the weather office said.

Adani Ports & Special Economic Zone Ltd. engages in the development, operation, and maintenance of port and port based related infrastructure facilities. It operates through the Port and Special Economic Zone (SEZ) Activities, and Others business segments. The Port and SEZ Activities segment involves infrastructure development activities. The Others segment comprises of aircraft operating income, ulitilities services, and contaner trains services. The company was founded by Gautambhai Shantilal Adani on May 26, 1998 and is headquartered in Ahmedabad, India. Stock has given BO as shared previously and made near tgt and again pull back seen, now ready for move higher, follow chart for proper support and resistance levels. Stock has given BO as shared previously and made near tgt and again pull back seen, now ready for move higher, follow chart for proper support and resistance levels. ADANIPORTS is bouncing from its very strong support of 650 and seems to be a good risk:reward trade for short term once it closes above 700. Option Strategy:- One can create a simple butterfly with options which currently have 5800 risk and 21,000 max profit. Buy 700CE, Sell 2* 750CE, Buy 800CE Al ADANIPORTS is bouncing from its very strong support of 650 and seems to be a good risk:reward trade for short term once it closes above 700. Option Strategy:- One can create a simple butterfly with options which currently have 5800 risk and 21,000 max profit. Buy 700CE, Sell 2* 750CE, Buy 800CE Al Can...

Adani Ports and Special Economic Zone Limited is an India-based integrated ports and logistics company. The Company is primarily engaged in developing, operating and maintaining the ports services, ports-related infrastructure development activities and development of infrastructure at contiguous special economic zone at Mundra. It operates approximately 13 ports and terminals located in Mundra, Dahej, Tuna and Hazira in Gujarat, Dhamra in Odisha, Mormugao in Goa, Visakhapatnam and Krishnapatnam in Andhra Pradesh, Dighi in Maharashtra, Kattupalli and Ennore in Chennai. It is also developing a transhipment port at Vizhinjam, Kerala. Its port facilities are equipped with the cargo handling infrastructure. Its ports are also equipped to handle diverse cargos consisting of dry cargo, liquid cargo, crude and containers. The Company also operates Haifa Port. Its subsidiaries include Adani Hazira Port Limited, The Dhamra Port Company Limited and Adani Vizhinjam Port Private Limited.;