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Gains for Adani Ports as Adani-led Consortium Completes Purchase of Haifa Port

With six strategically placed ports and terminals on Indiau2019s west coast (Mundra, Dahej, Tuna, Hazira in Gujarat, Mormugao in Goa, and Dighi in Maharashtra) and six ports and terminals on the countryu2019s east coast

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Gains for Adani Ports as Adani-led Consortium Completes Purchase of Haifa Port

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  1. Search here ...  Gains for Adani Ports as Adani-led Consortium Completes Purchase of Haifa Port  Home - Markets - Gains for Adani Ports as Adani-led Consortium Completes Purchase of Haifa Port Markets  January 11, 2023       

  2. According to PhillipCapital, Adani Ports may record a 12.4% YoY increase in net pro몭t at Rs 1,661.90 crore for the December quarter compared to Rs 1,478.80 crore in the same quarter last year.   In trading on Wednesday (January 11, 2023), shares of Adani Ports and Special Economic Zone (Adani Ports) increased by over 1% on news that the consortium of Adani Ports and Israel’s Gadot Group had successfully acquired HPC from the Israeli government.   On July 15 of last year, Adani Ports announced that their collaboration with Gadot Group, with a 70:30 interest, had won the competitive bid for the privatisation of HPC at an offer price of $1.18 billion. The concession for the port lasted until 2054.  As a result of the event, the stock increased by 0.88 per cent, reaching a high of Rs 803.35.   Q3 Results Glimpse   PhillipCapital anticipates Adani Ports to record a 12.4% YoY increase in net pro몭t for the December quarter at Rs 1,661.90 crore compared to Rs 1,478.80 crore in the quarter prior.   Revenues were up 29.80% year over year (YoY) from Rs 3,797 crore to Rs 4,930 crore during the same period previous year. From Rs 2,431 crore, Ebitda is anticipated to rise by 24.2% annually to Rs 3,022.60 crore.   Ebitda margin was reported to be 61.3 per cent in the December quarter, down from 62.6 per cent in the third quarter of last year and 64% in the third quarter of this year.   PhillipCapital anticipates that container tra몭c will remain muted. It stated that reduced volume and greater operational costs would be re몭ected in the quarterly results.    In the third quarter, as opposed to the September quarter, the 몭rm anticipated an effective tax rate of 17%.   The diverse Adani Group includes Adani Ports.    With six strategically placed ports and terminals on India’s west coast (Mundra, Dahej, Tuna, Hazira in Gujarat, Mormugao in Goa, and Dighi in

  3. Maharashtra) and six ports and terminals on the country’s east coast (Haldia in West Bengal, Dhamra in Odisha, Gangavaram and Krishnapatnam in Andhra Pradesh, and Kattupalli and Ennore in Tamilnadu), it   Additionally, the business is building two transhipment ports in Colombo, Sri Lanka, and Vizhinjam, Kerala.   You can share this post!         Previous article For Its 13th Edition, IAA Olive Crown Continues to Develop Internationally Next article  Microsoft Corp. is in Agreement to Invest $10 billion in OpenAI  Related Articles Leave a Reply Your email address will not be published. Required 몭elds are marked * Comment *

  4. Name * Email * POST COMMENT Search here ...  Latest Update RECENT POPULAR COMMON  January 11, 2023 Relevel New Year’s 40 Layoffs   January 11, 2023 Microsoft Corp. is in Agreement to Invest $10 billion in OpenAI   January 11, 2023 Gains for Adani Ports as Adani-led Consortium Completes Purchase of Haifa Port  January 11, 2023 For Its 13th Edition, IAA Olive Crown Continues to Develop Internationally

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  6. As A Brand Ambassador  Most Reviews RECENT POPULAR COMMON  January 11, 2023 Relevel New Year’s 40 Layoffs   January 11, 2023 Microsoft Corp. is in Agreement to Invest $10 billion in OpenAI   January 11, 2023 Gains for Adani Ports as Adani-led Consortium Completes Purchase of Haifa Port

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  8. Gains for Adani Ports as Adani-led Consortium Completes Purchase of Haifa Port Popular Categories Trending Post Campaigns Digital Media In A Seed Funding Round, Contlo Raises $3.5 Million   Fund Raising Marketing Markets Politics Startups Paytm Shares Decline By 3% As A Rs 850 Billion Repurchase Falls Short Of Investors’ Expectations  Bharat Krushi Seva Receives INR 43 Million in Startup Money from Renowned Investors  © Copyright Indiabiz.live 2022. Designed and Developed by Indiabiz

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