Key Points
Shares of Adani Ports and Special Economic Zone (APSEZ) reached a new all-time high on Monday following a surge in cargo volumes reported for February...
The company's stock price rose by over 1 per cent to Rs 1,356.50 per share on the Bombay Stock Exchange (BSE) in early trade...
In February, Adani Ports and Special Economic Zone handled a total of 35.4 million metric tonnes (MMT) of cargo, marking a 33 per cent increase compared to the same period last year...
The logistics segment of Adani Ports also continued its growth trajectory, with year-to-date (YTD) rail volumes increasing by 21 per cent year-on-year to around 542,000 TEUs (twenty-foot equivalent unit) and GPWIS volumes rising by 40 per cent YoY to around 18 MMT...
In terms of stock performance, Adani Ports' shares have surged by more than 67 per cent in the past six months and are up by over 28 per cent year-to-date...
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