Adani Ports and Special Economic Zone Limited is a company promoted by Adani Group. Incorporated in 1998, this is a large cap company operating in the miscellaneous group of NSE listed companies. Adani Ports Share Price very well reflects the booming business of the company.
Adani Ports Share Price Graph
About the company – Adani group is a moderate sized India based corporate having a global presence with business interests in Power, Infrastructure, Logistics, Global Trading, Port & SEZ, Energy, Mining, Agri Business, Oil & Gas, Real Estate, FMCG products. Adani group controls business activities in Mundra Port, the largest privately owned port, providing port services like cargo handling and other value-added services. The port also offers Dry Cargo Handling and Warehouse for storage. Through Bunkering Services they offer fuel oil and gas oil of all grades and specifications as per ISO at a globally competitive price. There is also dry dock present in the Mundra port for ship repairing with state of art facilities. Mundra port is a well equipped port backed up by good infrastructure and transport facilities (road and rail). For these facilities it is a popular port that services huge inbound and outbound cargo comparing to other sea ports in India.
Company financials – Adani Ports share price is Rs 360.10 (as on 16.06.17 at NSE). The consolidated Earning Per Share (EPS) is Rs. 18.89 as per latest data. The standalone EPS is Rs 14.97. Book Value Rs 81.44 (standalone) and Rs 84.63 (consolidated). The consolidated P / BV is 4.26 and PE 19.07. Face value of share is Rs 2. The industry average PE is 24.4 and standalone PE of Adani ports is 24.06. It can be said as per current market price the share is reasonably priced. The market capitalization is Rs 74,606 crores. As per quarterly result of March, 2017 on standalone basis, the Net sales stands at Rs 1235 crores, adjusted EPS Rs 3.42, operating profit margin stands at 66.69% and Net profit at 57.37%.
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