Adani Ports and
Special Economic Zone Ltd (APSEZ), the port operating unit of the Adani Group,
entered the ₹1 trillion market capitalisation milestone during trading on
Monday, Dec 28, and it has become the
second company within the Adani Group to reach this height.
The APSEZ stock
hit an all-time high of ₹492.85 a share on the BSE after Friday’s close of
₹478.30 a share and closed the day at ₹483.75 a share on the Bombay Stock
The company ranked amongst the top 35 listed companies
The company is ranked
amongst the top 35 listed companies and the largest company in the
infrastructure and utility space in terms of market capitalisation.
APSEZ is part of
Adani Group’s portfolio of transport and logistics platform. Starting with a single port at Mundra in 2001
it has now grown into the largest private-sector port company with 12 ports.
APSEZ has an overall market share of about 25% and container market share of
about 40% among ports in the country.
During the last
decade, along with growth at Mundra, APSEZ has focused on diversifying in terms
of location and cargo type, resulting in non-Mundra ports having grown at a
CAGR of over 35% per annum.
APSEZ has embedded itself into the customer’s supply chain
successfully brought customers to the port’s gate by attracting several
industries in the SEZ developed near the port facility. APSEZ has embedded
itself into the customer’s supply chain through its logistics arm and reached
the customer’s gate. Over the last two decades, APSEZ has transformed itself
into a transport logistics utility company thereby re-shaping the country’s
continues to demonstrate best in class operating margins, sustained high growth
and stable cash flows. APSEZ has also introduced robust governance, capital
management and ESG policies to enhance business and financial performance.
APSEZ was listed
on the Bombay Stock Exchange and National Stock Exchange in November 2007.