Stock in news: HDFC, Maruti, SBI Cards, Panacea Biotec, HDFC Bank, Marico, Adani Ports, YES Bank
Shares of HDFC, Maruti Suzuki, SBI Cards, Panacea Biotec, Marico, Adani Ports, HDFC Bank, YES Bank, Bank of India, will be in focus on Tuesday s trade
BusinessToday.In | April 6, 2021 | Updated 09:09 IST
Stocks to watch today: HDFC, Maruti Suzuki, SBI Cards, Panacea Biotec, Marico, Adani Ports, HDFC Bank, YES Bank, Bank of India
The Indian stock markets, Sensex and Nifty, are expected to continue losing streak on Tuesday, tracking weak cues from Asian markets and flat trading at Nifty futures on the Singapore Exchange. Among the individual stocks, shares of HDFC, Maruti Suzuki, SBI Cards, Panacea Biotec, Marico, Sobha, JSPL, Adani Ports, HDFC Bank, YES Bank, Bank of India, will be in focus on Tuesday s trading session.
Shares of Adani Ports and Special Economic Zone (APSEZ) surged 10 per cent to Rs 814.95, also its fresh record high, on the BSE in the intra-day trade on Tuesday after the company reported a 41 per cent year on year (YoY) jump in cargo volume business at 26 million metric tonnes (MMT) in March. The stock of the Adani Group company surpassed its previous high of Rs 768.40, touched on March 8.
Earlier today, APSEZ said that it handled cargo volume of 73 MMT in January-March quarter of the financial year 2021 (Q4FY21). For the full FY21, APSEZ handled cargo volume of 247 MMT, registering a growth of 11 per cent on a YoY basis.
Adani Ports Now Complete Owner Of Krishnapatnam Port In Andhra Pradesh, With Latest 25 Per Cent Stake Buyout
by India Infrahub - Apr 5, 2021 09:55 AM
Krishnapatnam port, AP.
Snapshot
After APSEZ acquired 100 per cent stake in Krishnapatnam Port, this will be the countryâs second largest private sector port.
The 25 per cent remainder stake was acquired from Vishwa Samudra Holdings Pvt. Ltd. at a cost of Rs. 28,000 crore.
Private sector ports and logistics company Adani Ports and Special Economic Zone Ltd. (APSEZ), which previously owned 75 per cent of Krishnapatnam Port Ltd. has acquired another 25 per cent stake from Vishwa Samudra Holdings Pvt. Ltd. at a cost of Rs. 28,000 crore.