Stock Report

Adani Gangavaram Port achieves a new record in cargo handling



Posted On : 2024-02-04 22:03:37( TIMEZONE : IST )

Adani Gangavaram Port achieves a new record in cargo handling

Adani Gangavaram Port the deepest and the most modern port in the country has set a new record of cargo handling. The Port has broken its previous records and achieved its highest ever monthly handling volume of 4 MMT in January 2024. This has surpassed its previous highest monthly cargo of 3.51 MMT which was achieved in June 2023.

The port has achieved excellent performance due to strategic investment in infrastructure for cargo handling and railway facilities. The port expects to set further operational records and deliver Industry best Services to its customers.

Speaking on the achievement Adani Gangavaram Port Limited management said 'We are extremely delighted to see the remarkable performance achieved by our team. We are confident that the port will scale new heights in future. We will continue to make strategic investments for capacity enhancement. Integrated warehousing, cargo handling equipment and technology will be further strengthened in this year.

Adani Gangavaram Port is committed to delivery best-in-class services through the best infrastructure.

Shares of Adani Ports and Special Economic Zone Limited was last trading in BSE at Rs. 1261.75 as compared to the previous close of Rs. 1218.95. The total number of shares traded during the day was 793257 in over 31108 trades.

The stock hit an intraday high of Rs. 1287.00 and intraday low of 1233.00. The net turnover during the day was Rs. 1007950411.00.

Source : Equity Bulls

Keywords

AdaniPortsandSpecialEconomicZone INE742F01042 AdaniGangavaramPort Record CargoHandling