Adani Ports and Special Economic Zone Ltd's cargo volumes increase 17% YoY in August 2023

Adani Ports and Special Economic Zone Limited ("APSEZ") has announced the operational performance as under:

APSEZ - August cargo volumes recorded a 17% YoY increase

In August'23, APSEZ recorded a bumper cargo volumes of 34.2 MMT (+17% YoY) on the back of solid growth in containers (+27.6%) and liquids & gas (+69%) cargo types.

Our flagship port Mundra recorded its highest-ever monthly cargo volume of 15.32 MMT. The port also handled its highest-ever count of 1776 trains, which includes 1532 container trains.

During the initial five months (April-August) of FY24, APSEZ has handled 169.6 MMT of total cargo, implying a strong 12% YoY growth.

Logistics business continues to record significant growth, with a record YTD rail volumes of 231,689 TEUs (+24% YoY) and GPWIS volumes of 7.37 MMT (+42%).

Shares of Adani Ports and Special Economic Zone Limited was last trading in BSE at Rs. 799.55 as compared to the previous close of Rs. 791.40. The total number of shares traded during the day was 327967 in over 7433 trades.

The stock hit an intraday high of Rs. 807.95 and intraday low of 779.30. The net turnover during the day was Rs. 260549415.00.

Source : Equity Bulls

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AdaniPortsandSpecialEconomicZoneLimited INE742F01042 532921 ADANIPORTS MarinePortandServices