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APSEZ expects volumes of 460–480 mmt in FY25 with Mundra volumes to surpass 200 mmt. It expects consolidated revenues to be in the range of Rs 29,000–31,000 crore with net debt to Ebitda seen in the 2.2–2.5 times range.
Adani Ports & Special Economic Zone Ltd (APSEZ) has acquired 95 per cent stake in Gopalpur Ports Ltd (GPL) in Odisha, at an enterprise value of Rs3,989 crore. ....
Adani Ports' volume handling capacity has grown four-fold since 2011 as the country's exports and imports surge. The company operates 13 ports and terminals in India, including the largest container handling port in Mundra in the western state of Gujarat.
Adani Ports share price: JM Financial said it has raised its estimates by 3-5 per cent to reflect the 3QFY24 performance and improved outlook. It now value Adani Ports at 16 times EV/Ebitda, which is 10 per cent premium to its 3-year median