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Adani Ports and Special Economic Zone Limited (ADANIPORTS.NS)
| Previous close | 1,320.50 |
| Open | 1,320.50 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 1,316.80 - 1,336.95 |
| 52-week range | 656.75 - 1,424.95 |
| Volume | |
| Avg. volume | 3,994,654 |
| Market cap | 2.874T |
| Beta (5Y monthly) | 0.56 |
| PE ratio (TTM) | 39.82 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 5.00 (0.38%) |
| Ex-dividend date | 28 Jul 2023 |
| 1y target est | N/A |
- Reuters
S&P Global upgrades Adani Ports, Adani Electricity on cash flow optimism
S&P Global Ratings revised its outlook for India's Adani Ports and Special Economic Zone and Adani Electricity Mumbai to stable from negative on signs of robust cash flow in the next 12 to 24 months. Adani Ports' ratio of adjusted net debt to earnings before interest, tax, depreciation and amortization - a measure of its ability to pay off liabilities - is expected to be in the range of 3x to 4x over the next two years, S&P said. For Adani Electricity, the agency expects its ability to generate operating cash flow compared to its debt to improve to above 10% in fiscal 2024 and 2025.
- Reuters
Adani Ports' first bond issue in over 2 years lapped up, more coming - bankers
India's largest private port operator, Adani Ports and Special Economic Zone, entered the bond market for the first time in over two years on Monday, with the issue garnering strong demand. Earlier in the day, the group's port operator unit accepted bids aggregating to 5 billion rupees ($60.2 million) for two listed bonds, with one maturing in five years and the other in 10 at coupons of 7.80% and 7.90%, respectively. The higher coupon may have been offered to appease investors, as the group is currently gauging demand, said Venkatakrishnan Srinivasan, founder and managing partner at Rockfort Fincap.
- Reuters
Adani Ports to tap bond market for first time in more than two years - bankers
India's largest private port operator Adani Ports and Special Economic Zone plans to raise funds totalling 5 billion rupees ($60.08 million) through two bonds, one maturing in five years and the other in 10 years, three bankers said on Thursday. The announcement comes a day after India's Supreme Court said the Adani Group does not need to face more investigations beyond the market regulator's current scrutiny, a major relief for the conglomerate hit hard by a U.S. short-seller's allegations of wrongdoing. Both of Adani Ports's bonds have an issue size of 2.5 billion rupees.
