Adani Ports purchased one other port: deal made for Rs 3080 crore, this would be the 14th port of the corporate

Gautam Adani’s firm Adani Ports has bought one other port. Within the data launched on the alternate, the corporate mentioned that it has bought 95% stake in Gopalpur Ports. This deal has been finished for Rs 3080 crore. This would be the 14th port of Adani Ports.

Adani Ports has purchased 56% stake from Shapoorji Pallonji Group. SP Port Upkeep Non-public Restricted is a part of SP Group. Other than this, Adani Ports has bought 39% stake from Orissa Stevedores Restricted.

Within the data launched on the alternate, the corporate mentioned that it has bought 95% stake in Gopalpur Ports.

Many cargoes are dealt with from Gopalpur Ports.
Many sorts of dry bulk and break bulk cargo are dealt with at these ports. It’s a deep draft, multi-cargo port. It handles a various mixture of dry bulk cargoes together with iron, coal, limestone, ilmenite sand and aluminium.

Many sorts of dry bulk and break bulk cargo are dealt with at these ports.

Adani Group is India’s largest personal port operator.
Adani Ports is India’s largest personal port operator and end-to-end logistics supplier. In lower than 20 years, it has constructed, acquired and developed a portfolio of ports infrastructure and companies throughout India.

At the moment, its 13 ports and terminals symbolize about 24% of the nation’s port capability. Its capability is 580 MMTPA. It was included on 26 Could 1998. Earlier its title was Gujarat Adani Port Restricted (GAPL).

Firm’s shares rise
An increase of 1.50% is being seen within the shares of Adani Ports immediately. It’s buying and selling at Rs 1,300.85 with a acquire of Rs 19.25. Adani Ports shares have seen an increase of 107% within the final one yr.

The standing of the corporate’s shares is at 12:52 pm.