WASHINGTON: Adani Ports and Special Economic Zone Ltd stock was lower by 3% at Rs. 236. The company has won approval from the Tamil Nadu government to acquire Kattupalli port located at Ennore near Chennai from L&T Shipbuilding Ltd, according to reports.
The scrip opened at Rs. 242.5 and has touched a high and low of Rs. 242.65 and Rs. 234.65 respectively. So far 737952(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 50210.23 crore.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 374.7 on 20-Aug-2015 and a 52 week low of Rs. 169.65 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 249.8 and Rs. 234 respectively.
The promoters holding in the company stood at 56.26 % while Institutions and Non-Institutions held 38.08 % and 5.66 % respectively. The stock is currently trading above its 200 DMA.
