Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. India
  4. NSE India Stock Exchange
  5. Adani Ports & Special Economic Zone Limited
  6. News
  7. Summary
    ADANIPORTS   INE742F01042

ADANI PORTS & SPECIAL ECONOMIC ZONE LIMITED

(ADANIPORTS)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Indian shares tumble as domestic COVID-19 cases shoot past 20 million

05/04/2021 | 06:44am EDT
FILE PHOTO: Broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai

BENGALURU, May 4 (Reuters) - Indian shares ended at their lowest level in more than a week on Tuesday, dragged by heavyweight financials, energy and IT stocks, as domestic coronavirus cases crossed the grim milestone of 20 million.

The NSE Nifty 50 index dropped 0.94% to 14,496.5, while the benchmark S&P BSE Sensex closed 0.95% lower at 48,253.51, after swinging in choppy trading for most of the session.

The surge of the highly infectious Indian virus variant has swamped the health system, forced states to enter lockdowns and ignited calls for a lockdown at the national level.

India recorded 357,229 new infections over the last 24 hours, taking the total tally to 20.28 million. Officials on Tuesday halted the country's most popular sports tournament, the money-spinning Indian Premier League.

Economists from several institutions have warned of the impact of the ongoing second wave of infections.

"The shock of the first quarter is likely to carry on through the rest of the year and the impact on the GDP could be around one to three percentage points," Shaun Roche, chief economist, Asia Pacific at S&P Global, told reporters, according to news agency NewsRise.

Conglomerate Reliance Industries Ltd and top lender HDFC Bank Ltd were the biggest drags on the benchmark indexes, falling 2.2% and 1.9%, respectively.

IT major Infosys Ltd slid 1.7%.

Metal shares, which touched record highs earlier in the session on strong prices, ended 0.6% lower.

The Nifty Pharma index was the worst performer, dropping 2%, with drugmaker Cipla Ltd shedding 3.5%.

Stocks of state-run banks were among the best performers in the market, with the Nifty PSU Banking index jumping 3.4%.

Nifty 50 component Adani Ports and Special Economic Zone closed 1% higher ahead of its quarterly results. (Reporting by Chris Thomas in Bengaluru; Editing by Subhranshu Sahu and Ramakrishnan M.)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ADANI PORTS & SPECIAL ECONOMIC ZONE LIMITED -2.40% 733.55 Delayed Quote.51.64%
CIPLA LIMITED 0.61% 904.05 Delayed Quote.10.26%
HDFC BANK LIMITED -0.90% 1386.85 End-of-day quote.-3.44%
INFOSYS LIMITED -0.80% 1316.4 Delayed Quote.4.83%
RELIANCE INDUSTRIES LTD 1.26% 1937.3 Delayed Quote.-2.42%
All news about ADANI PORTS & SPECIAL ECONOMIC ZONE LIMITED
05/06MARKET CHATTER : Adani Ports to Buy Remaining Stake in Gangavaram Port for Over ..
MT
05/05Indian Stocks Close Higher on Wednesday; Sun Pharma Soars 6%
MT
05/04ADANI PORTS & SPECIAL ECONOMIC ZONEá : ' Consolidated Net Profit Soars in Fiscal..
MT
05/04ADANI PORTS & SPECIAL ECONOMIC ZONEá : CFO Tenders Resignation
MT
05/04ADANI PORTS & SPECIAL ECONOMIC ZONEá : could abandon Myanmar project if found to..
RE
05/04Indian shares tumble as domestic COVID-19 cases shoot past 20 million
RE
05/04ADANI PORTS & SPECIAL ECONOMIC ZONE : Report
CO
05/03Indian Stocks End Mixed Amid Volatile Trading; SBI Life Insurance Rallies 5%
MT
04/29ADANI PORTS & SPECIAL ECONOMIC ZONEá : Nomura Upgrades Adani Ports and Special E..
MT
04/19Burgeoning COVID-19 Cases Drag Indian Stocks Down; Adani Ports' Stock Slumps ..
MT
More news
Financials
Sales 2021 128 B 1 753 M 1 753 M
Net income 2021 49 760 M 679 M 679 M
Net Debt 2021 268 B 3 663 M 3 663 M
P/E ratio 2021 30,2x
Yield 2021 0,59%
Capitalization 1 498 B 20 445 M 20 452 M
EV / Sales 2021 13,8x
EV / Sales 2022 10,5x
Nbr of Employees 2 266
Free-Float 62,7%
Chart ADANI PORTS & SPECIAL ECONOMIC ZONE LIMITED
Duration : Period :
Adani Ports & Special Economic Zone Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ADANI PORTS & SPECIAL ECONOMIC ZONE LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 807,90 INR
Last Close Price 733,55 INR
Spread / Highest target 36,3%
Spread / Average Target 10,1%
Spread / Lowest Target -20,4%
EPS Revisions
Managers and Directors
NameTitle
Karan Gautambhai Adani Chief Executive Officer & Executive Director
Gautambhai Shantilal Adani Chairman & Managing Director
Gopal Krishna Pillai Independent Non-Executive Director
Bharat Kanaiyalal Sheth Independent Non-Executive Director
Palamadai S Jayakumar Independent Non-Executive Director