Adani Ports shares have gained 21 per cent in a year and 24 per cent since the beginning of this year.
Shares of Adani Ports and Special Economic Zone on Monday gained over 1 per cent after Adani Group company M/s Adani Krishnapatnam Port Ltd was notified to import petroleum by sea into India in public interest. The Ministry of Ports, Shipping and Waterways gave the approval for the extension in a notification.
Adani Ports stock rose 1.22 per cent to Rs 1275.75 on BSE as against the previous close at Rs 1260.25. The market capitalisation of Adani Ports reached Rs 2.74 lakh crore. A total of 1.21 lakh shares of the company were traded on BSE, generating a turnover of Rs 15.29 crore. Adani Ports shares have gained 21 per cent in one year and 24 per cent since the beginning of this year. The one-year beta of Adani Ports shares is 2.1, which indicates very high volatility during this period. Adani Ports shares are trading higher than 5 day, 10 day, 20 day but lower than 30 day, 50 day, 100 day, 150 day and 200 day moving averages.
