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India

Adani Ports and Special Economic Zone Ltd (APSE.NS)

APSE.NS on National Stock Exchange of India

347.55INR
19 Oct 2020
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Latest Key Developments (Source: Significant Developments)

Adani Ports Gives In-Principle Approval For NCDs Issuance Not Exceeding 30 Bln Rupees
Tuesday, 11 Aug 2020 

Aug 11 (Reuters) - Adani Ports and Special Economic Zone Ltd ::GIVEN IN-PRINCIPLE APPROVAL FOR NCDS ISSUANCE FOR AGGREGATE AMOUNT NOT EXCEEDING 30 BILLION RUPEES.TO EXPLORE CREATING PLATFORM CO TO HOLD RAIL INFRA ASSETS, INVESTMENTS HELD IN RAIL ENTITIES.  Full Article

India's Adani Ports June-Qtr Consol Net Profit Drops
Tuesday, 11 Aug 2020 

Aug 11 (Reuters) - Adani Ports and Special Economic Zone Ltd ::JUNE-QUARTER CONSOL NET PROFIT 7.58 BILLION RUPEES VERSUS 10.22 BILLION RUPEES YEAR AGO.JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 22.93 BILLION RUPEES VERSUS 27.94 BILLION RUPEES YEAR AGO.  Full Article

Adani Ports & Special Economic Zone Achieves Throughput Of 41.5 MMT For Qtr Ending June 30
Friday, 3 Jul 2020 

July 3 (Reuters) - Adani Ports and Special Economic Zone Ltd ::FOR QUARTER ENDING JUNE 30, ACHIEVED THROUGHPUT OF 41.5 MMT ACROSS ITS 9 OPERATING PORTS IN INDIA.  Full Article

Adani Ports And Special Economic Zone Says March Qtr Consol Net Profit Falls To 3.34 Bln Rupees
Tuesday, 5 May 2020 

May 5 (Reuters) - Adani Ports and Special Economic Zone Ltd ::CONSENSUS FORECAST FOR MARCH QUARTER PROFIT WAS 10.48 BILLION RUPEES -- REFINITIV DATA.MARCH QUARTER CONSOL NET PROFIT 3.34 BILLION RUPEES VERSUS 12.85 BILLION RUPEES YEAR AGO.MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 29.21 BILLION RUPEES VERSUS 30.82 BILLION RUPEES YEAR AGO.ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD - IN FY21, CO WILL REDUCE OPERATING COSTS AND CAPEX WILL BE CURTAILED TO 20 BILLION RUPEES.ADANI PORTS AND SPECIAL ECONOMIC ZONE SAYS DOES NOT ANTICIPATE MATERIAL MEDIUM TO LONG TERM RISKS TO BUSINESS PROSPECTS DUE TO COVID 19.ADANI PORTS AND SPECIAL ECONOMIC ZONE SAYS HAS RECEIVED NOTICES OF FORCE MAJEURE WRT SOME CONTRACTOR AND SUPPLIERS.  Full Article

Adani Ports And Special Economic Zone Says Cargo Vol Up 7% For 12-Month Period
Thursday, 2 Apr 2020 

April 2 (Reuters) - Adani Ports and Special Economic Zone Ltd ::FOR 12-MONTH PERIOD ENDED 31ST MARCH, 2020 CLOCKED THROUGHPUT OF 223 MMT ACROSS ITS NINE OPERATING PORTS.REGISTERS 7% CARGO VOLUME GROWTH YOY FOR 12-MONTH PERIOD, ACROSS ITS NINE OPERATING PORTS.  Full Article

Adani Ports And Special Economic Zone Says Resolution Plan Of Dighi Port Ltd Submitted By Co Approved By NCLT
Friday, 6 Mar 2020 

March 6 (Reuters) - Adani Ports and Special Economic Zone Ltd ::ADANI PORTS AND SPECIAL ECONOMIC ZONE - RESOLUTION PLAN OF DIGHI PORT LIMITED SUBMITTED BY CO APPROVED BY NCLT.  Full Article

Adani Ports And Special Economic Zone Declares Interim Dividend Of 3.20 Rupees Per Share
Thursday, 5 Mar 2020 

March 5 (Reuters) - Adani Ports and Special Economic Zone Ltd ::ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD SAYS DECLARED INTERIM DIVIDEND OF 3.20 RUPEES PER SHARE.  Full Article

India's APSEZ Dec Quarter Consol Profit Falls
Tuesday, 4 Feb 2020 

Feb 4 (Reuters) - Adani Ports and Special Economic Zone Ltd ::DEC QUARTER CONSOL NET PROFIT 13.52 BILLION RUPEES VERSUS 14.09 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR DEC QUARTER PROFIT WAS 10.53 BILLION RUPEES -- REFINITIV DATA.DEC QUARTER CONSOL REVENUE FROM OPERATIONS 29.02 BILLION RUPEES VERSUS 28.24 BILLION RUPEES YEAR AGO.ADANI PORTS AND SPECIAL ECONOMIC ZONE - IN FY20, SEE CARGO VOLUME OF 224-226 MMT, REVENUE GROWTH OF AROUND 13%, EBIDTA GROWTH OF AROUND 14%.ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD - OPERATIONS AT MUNDRA LNG TERMINAL OF 5 MMT CAPACITY COMMENCED FROM JANUARY 2020.ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD - KRISHNAPATNAM ACQUISITION IS ON TRACK AND EXPECTED TO BE COMPLETED IN Q1 FY21.  Full Article

Acropolis Trade & Investments Indirectly Buys 12.17% Stake In Adani Ports And Special Economic Zone
Wednesday, 29 Jan 2020 

Jan 29 (Reuters) - Adani Ports and Special Economic Zone Ltd ::ACROPOLIS TRADE & INVESTMENTS SAYS INDIRECTLY BUYS 12.17% STAKE IN ADANI PORTS AND SPECIAL ECONOMIC ZONE FROM GLOBAL RESOURCES INVESTMENT.  Full Article

Adani Ports And Special Economic Zone To Buy 75% Stake Of Krishnapatnam Port
Friday, 3 Jan 2020 

Jan 3 (Reuters) - Adani Ports and Special Economic Zone Ltd ::INTENDS TO ACQUIRE 75% STAKE OF KRISHNAPATNAM PORT COMPANY LIMITED FROM THE EXISTING SHAREHOLDERS OF KPCL.DEAL FOR ENTERPRISE VALUE OF 135.72 BILLION RUPEES.EXPECT KRISHNAPATNAM PORT TO GROW TO 100 MMT IN AROUND 7 YEARS.ACQUISITION WILL ACCELERATE APSEZ'S PATH TO 400 MMT.APSEZ'S MARKET SHARE WILL INCREASE FROM 22% TO 27% ON PAN INDIA BASIS AFTER DEAL.PURCHASE CONSIDERATION WILL BE FUNDED THROUGH INTERNAL ACCRUALS AND EXISTING CASH BALANCE.TRANSACTION IS EXPECTED TO BE COMPLETED IN 120 DAYS.CREDIT METRICS OF APSEZ CONSOLIDATED ARE NOT EXPECTED TO CHANGE WITH TRANSACTION.NET DEBT TO EBIDTA OF CONSOLIDATED APSEZ LTD. INCLUDING KPCL IN FY 21 IS EXPECTED TO BE AROUND 3.2X.  Full Article