The Cental Bank has now allowed Foreign Institutional and Foreign Portfolio Investment upto 40 percent of the paid-up capital of the company.
Adani Ports and Specail Economic Zone jumped 2.5 percent to a high of Rs. 321 this morning on the back of RBI (Reserve Bank of India) nod for higher cap on foreign investment limit.
According to reports, the Cental Bank has now allowed Foreign Institutional and Foreign Portfolio Investment upto 40 percent of the paid-up capital of the company.
The stock is now up 1.5 percent at Rs. 316, and around 150,000 shares have changed hands at the counter on the BSE.
Meanwhile, the Sensex has slumped 165 points to 27,684.
According to reports, the Cental Bank has now allowed Foreign Institutional and Foreign Portfolio Investment upto 40 percent of the paid-up capital of the company.
The stock is now up 1.5 percent at Rs. 316, and around 150,000 shares have changed hands at the counter on the BSE.
Meanwhile, the Sensex has slumped 165 points to 27,684.
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