Share value of multinational conglomerate Adani Ports and Special Economic Zones declined round 4 per cent on Wednesday, May 5, a day after the corporate introduced its January-March quarter outcomes for the monetary 12 months 2020-21. On Wednesday, Adani Ports opened on the BSE at Rs 775, witnessing an intra day excessive of Rs 779 and an intra day low of Rs 733, within the buying and selling session thus far. According to a regulatory submitting by the port-to-energy conglomerate to the inventory exchanges, Adani Ports reported a internet revenue of Rs 1,287.81 crore within the March quarter for the fiscal 12 months 2020-21. (Also Read: Adani Ports Profit Quadruples To ₹ 1,287.81 In March Quarter )
According to the fourth-quarter earnings, Adani Ports and Special Economic Zones reported a 285 per  cent development or a quadruple leap in internet revenue throughout the March quarter, in comparison with Rs 334.39 within the corresponding quarter final 12 months. Currently, Adani Ports is the nation’s largest built-in ports and logistics firm and is concerned within the administration of the whole logistics chain- ranging from vessel administration to pilotage, berthing, anchorage, tug pulling, items dealing with, storage, inner transport, evacuation by rail or highway and many others.
On the NSE, Adani Ports opened at Rs 772, touching an intra day excessive of Rs 774.80, and an intra low of Rs 732.70, within the session thus far. It was final buying and selling 3.71 per cent decrease at Rs 740.20 on the NSE.
Shares of Adani Ports had been final buying and selling 3.76 per cent decrease at Rs 739.90 on the BSE.
