Adani Ports
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Adani Ports to acquire controlling stake in Gangavaram Port for Rs 3,604 crore
•The Gangavaram Port handles a diverse mix of dry and bulk commodities including coal, iron ore, fertiliser, limestone, bauxite, sugar, alumina and steel
Sensex reclaims 50,000-benchmark amid hectic buying in IT, auto, FMCG sectors; Nifty ends in green
Trendingdesk •The top five gainers were Tata Motors, M&M, Wipro, Adani Ports and NTPC, while the top losers were ONGC, HDFC, Dr Reddy’s Labs, Coal India and Power Grid Corp
Sensex, Nifty end flat after volatile trade: Top 10 gainers and losers today at close of market
Trendingdesk •While the BSE Sensex was up 7.09 points or 0.01 percent at 49,751.41, the Nifty was up 32.10 points or 0.22 percent at 14,707.80
Market ends on positive note; Sensex jumps 637 points, Nifty above 9,350; Re settles higher at Rs 75.46 against dollar
Fp Staff •The Nifty bank index was up by 4 percent. Besides, sharp buying was also witnessed in the auto and metal stocks.
Adani Ports Q4 net profit falls 74% to Rs 340.41 cr; total income marginally declines to Rs 3,360 cr
•Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported 74 percent decline in consolidated net profit to Rs 340.21 crore for the fourth quarter ended 31 March
Sensex rallies 606 points to end at 32,720, Nifty surges 172 points to 9,553; all indices except pharma, FMCG in green
Fp Staff •Extending its gains for the third session, equity benchmark Sensex rallied 606 points on Wednesday, buoyed by banking and IT stocks amid positive cues from global markets.
Sensex jumps over 200 points, Nifty above 7600-level; Infosys, HUL stocks up 6%
Fp Staff •At 10.02, the indices erases all its early gains and slipped in to red with Nifty below 7,700-mark.
Q2 results paint a bleak picture for market, Adani Ports and SEZ in stable waters; all this and more on Moneycontrol Pro
Moneycontrol •Adani Ports volumes rose sharply despite depressed market conditions in global trade, which has affected India’s trade too.
Adani Ports plans to raise $750 million to fund capital expenditure requirement, clear debt
•Adani Ports said it intends to use the proceeds primarily for capital expenditure, including on-lending to subsidiaries for purposes
Adani Ports to set up first container terminal outside India in Myanmar at estimated cost of over Rs 2,000 cr
•Adani Ports and Special Economic Zone will set up its first container terminal outside India in Myanmar at an estimated cost of $290 million (over Rs 2,000 crore)