Adani Ports Share Price, Adani Ports Q4 results:
Mumbai: Adani Ports Share Price, Adani Ports Q4 Results: Shares of Adani Ports and Special Economic Zone (APSEZ) are in action today. The stock opened gap up after the company reported a 50 per cent jump in its net profit in the fourth quarter of the financial year 2024-25. The action also comes as the firm has issued a higher year-on-year revenue growth forecast for the current fiscal year.
The scrip started the session at Rs 1,245, with a gain of 2.38 per cent from the previous close of Rs 1,217 on the BSE. The stock surged further to touch the high of Rs 1,294.85 – a gain of 6.48 per cent. The surge also comes as there is action in the sector, and it has gained over 6 per cent.
The scrip has been gaining for the last four days and has risen 8.22 per cent in this period.
On technical parameters, the counter is trading higher than 5-day, 20-day, 50-day and 100-day moving averages. However, it is trading lower the 200-day moving averages.
