Adani Ports shares reported a fresh all-time high

Published : 04 March 2024

On February 29, Adani Ports shares rose to a new all-time high in early trade at Rs.1356.55 after the company reported a 33% YoY increase or 35.4 MMT of total cargo in February. 

Adani Ports shares reported a fresh all-time high

During the first 11 months of FY24 (April 23–February 24), APSEZ handled 382 MMT of cargo. The company plans to have crossed 400 MMT by the end of the present fiscal year. The company reached a noteworthy milestone when it exceeded the 350 MMT cargo volume level at its domestic ports in 318 days. 

APSEZ to exceed 400 MMT by end of FY2024

Dhamra Port reported highest monthly cargo

Dhamra Port reported its highest-ever monthly cargo of 4.22 MMT, while other ports saw YoY increases in volumes.

Over the last three months, the price of Adani Ports' shares has increased by over 53%, and the stock has gained over 31% year-to-date. The shares of Adani Ports have increased by more than 96% in the last year. 

Adani Ports shares rose by 96% in 1 year

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