Adani Ports & SEZ July cargo quantity spurts 13% YoY to 31.23 MMT

[ad_1] Adani Ports and Particular Financial Zone (APSEZ) stated that it dealt with a document cargo quantity of 31.23 million metric tonnes (MMT) in July 2022, implying a 13% YoY development. Within the preliminary 4 months of FY23, the corporate managed 122.12 MMT of cargo, rising 9% YoY over a robust April-July 21, that … Read more

DESH to interchange SEZ, boosts manufacturing and complies with WTO

[ad_1] After almost twenty years of being in drive, the federal government is about to revamp the Particular Financial Zone Act, of 2005 and change it with the proposed draft Improvement of Enterprise and Service hubs. The invoice is about to be tabled throughout the ongoing monsoon session of the parliament to overtake the SEZ … Read more

SC to listen to after trip plea by Adani Ports and SEZ in opposition to HC order

[ad_1] The Supreme Court docket Wednesday stated it could hear after trip a plea filed by Adani Ports and Particular Financial Zone (Adani) in opposition to the Bombay Excessive Court docket order dismissing its petition difficult the disqualification of its bid in a young issued by the Jawaharlal Nehru Port Authority (JNPA) for … Read more

Analyst Nook: Adani Ports & SEZ: ‘Purchase’ with DCF-based TP of Rs 910

[ad_1] Adani Ports has underperformed the Nifty by 14% since questions had been raised in regards to the sharp appreciation of three FPIs holding primarily Adani Group shares. Group internet D/E is 1.9x, vs 3.4x in 2015 when a fabric company governance subject cropped up. Such situations prior to now have been shopping for alternatives, … Read more

Adani Ports & SEZ Q3 outcomes: Adani Ports & SEZ Q3 outcomes: Web Revenue falls on weak working efficiency

[ad_1] Mumbai: Adani Ports and SEZ Tuesday stated its internet revenue for the October-December quarter fell to Rs 1,479 crore from Rs 1,576 crore on account of weak working efficiency. Income rose to Rs 4,423 crore from Rs 4,275 crore a yr earlier. Complete bills rose to Rs 2,739 crore from Rs 2,259 crore. Cargo … Read more

Adani Ports & SEZ Ranking ‘Purchase’; Weak volumes a near-term headwind

[ad_1] We interacted with Karan Adani to debate enterprise dynamics. The Russia-Ukraine warfare has pushed up coal costs 102% YTD. Coal is 33% of Adani Ports’ cargo and concentrated at Mundra, KPCL and GPL ports, which could possibly be impacted given the worth rise. We decrease FY22E-25E volumes by 7-10% and EPS by 3-5%. We … Read more

Karaikal Port insolvency: Karaikal Port admitted for insolvency, Adani Ports & SEZ frontrunner

[ad_1] The Chennai chapter courtroom on Thursday admitted Karaikal Port for insolvency proceedings after it defaulted on cost of about Rs 2,400 crore dues to a lender. Adani Ports and Particular Financial Zone (APSEZ) is the frontrunner to accumulate the chapter courtroom, two folks conscious of the matter informed ET. In a uncommon occasion, the … Read more

adani: Adani Ports & SEZ strikes HC in opposition to disqualification from JNPA tender

[ad_1] Adani Ports and Particular Financial Zone Ltd (APSEZ) on Monday moved the Bombay Excessive Court docket difficult the disqualification of its bid in reference to a young issued by state-run Jawaharlal Nehru Port Authority (JNPA) for upgradation of the latter’s container terminal in Navi Mumbai. A trip bench of Justices AK and NR Borkar … Read more

Adani Ports & SEZ strikes HC in opposition to disqualification from JNPA tender

[ad_1] Adani Ports and Particular Financial Zone Ltd (APSEZ) on Monday moved the Bombay Excessive Court docket difficult the disqualification of its bid in reference to a young issued by state-run Jawaharlal Nehru Port Authority (JNPA) for upgradation of the latter’s container terminal in Navi Mumbai. A trip bench of Justices … Read more

F&O Technique: Think about shopping for name possibility on Adani Ports and SEZ

[ad_1] The inventory of Adani Ports and SEZ (₹767.55) stays at an important degree. The inventory finds a direct assist at ₹705 and resistance at ₹811. It seems that the present rally within the inventory might maintain. F&O pointers: The Adani Ports and SEZ shed open positions in the previous few days together with rise … Read more