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Indian shares rise lifted by banks after Supreme Court verdict

Indian shares rise lifted by banks after Supreme Court verdict
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Adani Ports share rises 3% after firm buys stake in Gangavaram Port for Rs 1,954 crore

Adani Ports share rises 3% after firm buys stake in Gangavaram Port for Rs 1,954 crore Adani Ports and Special Economic Zone share touched an intraday high of Rs 749.85 , rising 2.78% against earlier close of Rs 729.55 on BSE BusinessToday.In | March 4, 2021 | Updated 17:19 IST Adani Ports share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. Adani Ports and Special Economic Zone  share rose nearly 3% in early trade after the  firm said it acquired 31.5% stake in Gangavaram Port Limited (GPL) which was earlier held by Windy Lakeside Investment Limited (an affiliate of Warburg Pincus). The deal is valued at Rs 1,954 crore subject to certain regulatory approvals.

Adani Ports gains after handled cargo volume rises 8% YoY in Feb

Read more about Adani Ports gains after handled cargo volume rises 8% YoY in Feb on Business Standard. Adani Ports and Special Economic Zone (APSEZ) rose 1.31% to Rs 701.95 after the company said that it handled cargo volume of 21.12 MMT in February 2021, registering a growth of 8% on year-on-year (YoY) basis.

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