Mumbai2 minutes ago
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Adani Ports shares will trade on BSE Sensex from June 24. Adani Group company will replace Wipro. Changes are made in the Sensex index of 30 shares from time to time. Under this, Adani Port is being included in Sensex and Wipro is being excluded.
Adani Ports is the first company among Adani Group companies to be included in the Sensex. Both Adani Group’s flagship companies Adani Enterprises and Adani Ports are included in the Nifty 50 of the National Stock Exchange (NSE).
Adani Ports rose 45% in 6 months, Wipro only 14%
Shares of Adani Ports are trading at Rs 1480, up almost half a percent today. The stock has given returns of more than 45% in the last 6 months. The share prices have almost doubled in a year. This share has increased from Rs 749 to Rs 1480.
Wipro shares are trading at Rs 495 today with a rise of more than 1%. The stock has given only 14% returns in the last 6 months. The shares have increased by more than 28% in a year. This share has increased from Rs 385 to Rs 495.
Sensex tracks the top 30 companies of the country
Sensex is the benchmark index of the Bombay Stock Exchange, which tracks the top 30 companies of the country. Sensex is calculated on the basis of free-float capitalization. There are changes in Sensex shares from time to time. For this, there is a review every six months and then a decision is taken on that basis.
Adani Ports is the country’s largest port operator.
Adani Ports is India’s largest private port operator. Its 13 ports and terminals represent about 24% of the country’s port capacity. Its capacity is 580 MMTPA. Earlier its name was Gujarat Adani Port Limited (GAPL).
The company has set a target of keeping the cargo volume between 460 to 480 metric tons in the financial year 2025. This is 23% more than the last financial year. The company had set a target of 390 metric tons for the financial year 2024.
The company’s Mundra Port transported 180 million metric tonnes (MMT) of cargo in the last financial year. The company has also increased its target to 180 MMT for the current financial year.
