Adani Ports share hits new high on Dighi port acquisition
Adani Ports & SEZ share is trading higher than 5, 20, 50, 100 and 200-day moving averages. The market capitalisation of the stock stood at Rs 1,34,369.90 crore today.
BusinessToday.In | February 17, 2021 | Updated 12:37 IST
Adani Ports share has risen 14% in one week and 25% in one month. The stock has gained 36% year to date and 82% in one year
Adani Ports and Special Economic Zone share gained over 5% to new 52-week and an all-time high of Rs 670 on Wednesday, trading as the top gainer on NSE after the company completed the acquisition of Dighi Port Limited (DPL) for Rs 705 crore.
Adani Ports to invest Rs 10,000 crore to develop Dighi Port
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Adani Ports to invest Rs 10,000 crore to develop Dighi Port
PTI / Feb 16, 2021, 21:19 IST
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(Representative image)
NEW DELHI: Adani Ports and Special Economic Zone (APSEZ) on Tuesday said it has completed the acquisition of Dighi Port for Rs 705 crore and would invest over Rs 10,000 crore in developing it as an alternate gateway to JNPT.
JNPT is India s largest container port and is one of the 12 major ports in the country. APSEZ completed the acquisition of 100 per cent DPL for Rs 705 crore on February 15, 2021..DPL, the 12th port to join APSEZ s string of economic gateways across the eastern and western coast of India would establish the company s footprint in Maharashtra, the largest contributor to India s GDP, APSEZ said in a statement.