Adani Ports shares fall most in two weeks as firm's $2.5-bn deal for Australian terminal weighs

Adani Ports shares fall most in two weeks as firm's $2.5-bn deal for Australian terminal weighs

Motilal Oswal has maintained its rating of 'Buy' on Adani Ports with a target price of Rs 1,560.

Adani Ports strikes $2.5bn deal for Australian coal terminal

India’s largest private ports and logistics company, Adani Ports and Special Economic Zone (APSEZ), has acquired the North Queensland Export Terminal (NQXT) in Australia in a non-cash deal worth about $2.54bn. The transaction involves the purchase of Abbot Point Port Holdings (APPH), a Singapore-based entity currently owned by Carmichael Rail and Port Singapore holdings, which …

Adani Ports buys Abbot Point

Dale Crisp OFFICIAL OWNERSHIP of the North Queensland Export Terminal (NQXT) at Abbot Point has shifted from one Adani Group entity to another, with no immediate change in the facility’s operations expected. In an announcement late last week the board of directors of India’s “largest integrated transport utility company”, Adani Ports and Special Economic Zone (APSEZ) said it had approved the acquisition of Abbot Point Port Holdings (APPH) from C…

Adani Ports Acquires APPH, Aims for Green Hydrogen Exports

Adani Ports has acquired Australia's NQXT terminal, boosting its cargo volume and EBITDA, as it races to reach 1 billion tonnes annually by 2030.

Adani Green, Adani Enterprise to Adani Power: Mutual funds raise stake in these Adani Group shares during Q4FY25

Source: Live Mint Domestic mutual funds increased their holdings in Adani Group stocks during the March quarter, even as foreign investors continued to trim their stakes in the country’s leading conglomerate. According to exchange data, mutual funds raised their stakes in 06 out of 11 Adani Group companies during Q4FY25, with Adani Green Energy emerging as their top bet. Mutual fund holdings in the renewable power generation company rose to 1.…