Wednesday 4 May 2016

Adani Ports plunges 10%; Q4 net profit jumps 38%

Total income has increased from Rs.18318.50 mn for the quarter ended March 31, 2015 to Rs.21616.50 mn for the quarter ended March 31, 2016.

Adani Ports and Special Economic Zone
Adani Ports and SEZ Ltd was lower by 8% at Rs. 217. The company posted a net profit of Rs. 9140.60 mn for the quarter ended March 31, 2016 compared with Rs.6607.30 mn for the quarter ended March 31, 2015. 

Total income increased from Rs.18318.50 mn for the quarter ended March 31, 2015 to Rs. 21616.50 mn for the quarter ended March 31, 2016.

The scrip opened at Rs. 235.5 and has touched a high and low of Rs. 235.5 and Rs. 214.55 respectively. So far 4246058(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 48853.75 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. 243 and Rs. 227.8 respectively.

The promoters holding in the company stood at 56.39 % while Institutions and Non-Institutions held 38.14 % and 5.47 % respectively.

The stock is currently trading below its 200 DMA.

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