Market News

Adani Ports reports 18% cargo volume growth in June, takes Q1 volumes to 138 MMT

While Adani Ports has not given a specific cargo volume guidance for the full year, it expects its topline to grow between 11% to 16% from last year to ₹43,000 crore to ₹45,000 crore.

Adani Ports SEZ among 5 stocks hit 52-week highs, rally up to 15% in a month

Five BSE 100 stocks, led by Federal Bank and Adani group companies, scaled fresh 52-week highs amid Wednesday's broad-based market rally.

BSE 500 stocks: Adani Ports, Marico, Ather, Piramal Finance hit new highs

Adani Enterprises, Aurobindo Pharma, GMR Airports, Gujarat Flurochemicals, Oracle Financial Services and Star Health Insurance from BSE 500 stocks registered 52-week highs on Wednesday.

Adani Ports hits new life-time high; Emkay lifts target price by 5%

Analysts at Emkay believe that MSC's stake buy in Adani Vizhinjam Port improves Adani Ports revenue visibility, can aid the volume trajectory and positions it to capture transshipment opportunities.

Govt approval mandatory for Adani stake transfer in Vizhinjam port: Kerala CM

Kerala Chief Minister V.D. Satheesan stated that Adani Ports requires state government approval to transfer its shares in the Vizhinjam International Seaport. This clarification follows reports of Switzerland-based MSC acquiring a 49% stake for approximately USD 1.4 billion. Satheesan emphasized that no such approval request has been received by the government yet, highlighting the mandatory nature of state and potentially central government consent for the transaction.

Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex rises over 150 pts, Nifty above 23,900; M&M, Adani Ports up 2% each - The Economic Times

Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex rises over 150 pts, Nifty above 23,900; M&M, Adani Ports up 2% eachThe Economic TimesClosing Bell: Sensex, Nifty end lower in volatile June expiry session; pharma, realty buck trendMoneycontrol.comSensex today | Stock Market Live: Sensex rises 500 pts, Nifty crosses 24,000; KPIT hits 52-week low, tanks 15%BusinessLine

Adani Ports in Focus After MSC Deal; Motilal Oswal Maintains Buy — Check Target Price, Upside

Motilal Oswal believes the company is well-positioned to sustain its growth trajectory, supported by strong cash flows, ongoing infrastructure expansion and its integrated logistics ecosystem.

Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Sees Positive Weekly Returns

APSEZ to sell 49% in Vizhinjam port to MSC Group arm

Adani Ports is selling a 49% stake in its Vizhinjam port project to MSC Group's port arm, TiL, for $1.397 billion. This deal values the Kerala port at a significant $2.85 billion, marking the largest foreign private investment in Indian port infrastructure. The agreement, signed Monday, strengthens the existing partnership between Adani and MSC, pending regulatory approvals.

MSC-Adani deal: Vizhinjam port can generate Rs 1,410 crore EBITDA, says Axis Capital

Axis Capital expects Vizhinjam port to become a major earnings driver for Adani Ports & SEZ, estimating it could generate around Rs 1,410 crore in EBITDA after the Phase 2 expansion. The brokerage believes MSC's $1.4 billion investment strengthens volume visibility while reinforcing the port's long-term strategic and valuation potential.

Adani Ports sells 49% stake in Vizhinjam port to shipping major MSC's unit in $1.4 bn deal

Adani Ports will sell 49% stake in its Vizhinjam port to Mediterranean Shipping Co's unit for $1.4 billion. With a big capacity expansion on the cards, the partnership looks to increase traffic and improve logistics for the Indian port.

Adani Ports to sell 49% stake in Vizhinjam port to MSC's TiL for $1.4 billion

Adani Ports and Special Economic Zone will sell a 49% stake in Adani Vizhinjam Port to MSC Group's Terminal Investment Ltd. for $1.397 billion, valuing the Kerala port at $2.85 billion. The deal aims to expand capacity, boost cargo traffic and strengthen global trade connectivity, subject to approvals.