Adani Ports and Special Economic Zone is currently trading at Rs. 323.50, up by 8.55 points or 2.71% from its previous closing of Rs. 314.95 on the BSE.
The scrip opened at Rs. 316.95 and has touched a high and low of Rs. 324.30 and Rs. 313.60 respectively. So far 122004 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 428.95 on 22-Oct-2019 and a 52 week low of Rs. 203.40 on 23-Mar-2020.
Last one week high and low of the scrip stood at Rs. 324.30 and Rs. 309.00 respectively. The current market cap of the company is Rs. 65371.61 crore.
The promoters holding in the company stood at 63.57%, while Institutions and Non-Institutions held 33.65% and 2.69% respectively.
Adani Ports and Special Economic Zone (APSEZ) has raised $750 million (about Rs 5,600 crore) by issuing fixed rate senior unsecured notes. The said notes are expected to be listed on Singapore Exchange Securities Trading and the India International Exchange (IFSC).
The company intends to use the proceeds to repay its existing indebtedness and/or the indebtedness of its subsidiaries and other permissible end uses in accordance with applicable laws including Reserve Bank of India guidelines, receipt of requisite regulatory and other approvals, and in terms of the RBI approval obtained by the company.
Adani Ports and Special Economic Zone (APSEZ), a part of globally diversified Adani Group, is the largest integrated logistics player in India.
