JKB Financial Services Ltd.

As on : 09-Sep-2026

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09-Sep-2026 14:53

Adani Ports jumps 3.88% as it secures a 30-year concession for Paradip Port’s dry bulk berths

Adani Ports & Special Economic Zone Ltd. is up 3.88% to Rs 1776.4, building on recent gains that have seen the stock rise 6.20% over the last week.

Adani Ports and Special Economic Zone Ltd. has received a Letter of Award (LOA) from Paradip Port Authority for the development and operation of two dry bulk berths at Paradip Port, Odisha, under a 30-year Build, Operate and Transfer (BOT) concession. The project will add 18 MMT of mechanised dry bulk capacity to APSEZ’s existing 653 MMT domestic portfolio, bringing the total to 671 MMT and enhancing access to mineral-rich hinterlands in eastern and central India. The concession agreement is expected to be registered within 30 days, and the project will be executed under a Public-Private Partnership model.

Trading volume reached 46.95 lakh shares today, marking a substantial increase of 100.74% over the average volume of the past week. Adani Ports & Special Economic Zone Ltd. rose by 28.64% year-over-year, outperforming the NIFTY50 index's 4.59% loss.

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