Adani Ports and Special Economic Zones Ltd. is set to be the latest inclusion to the country's oldest benchmark index—BSE Sensex.
The 30-stock gauge includes shares of companies with the highest average free-float market capitalisation over the last six months, further filtering on the basis of annualised traded value.
Market capitalisation of the company has also grown over threefold since the lowest point around the same time.
In FY21, the company had guided for Rs 30,000 crore revenue by FY25, but has already achieved Rs 26,700 crore revenue in fiscal 2024.
Adani Ports has strong international operations with presence in Australia, Tanzania and Sri Lanka.
Adani Ports and Special Economic Zones Ltd. is set to be the latest inclusion to the country's oldest benchmark index—BSE Sensex.
The 30-stock gauge includes shares of companies with the highest average free-float market capitalisation over the last six months, further filtering on the basis of annualised traded value.
Share price of the country's biggest private port operator has tripled since the Hindenburg allegations in January 2023. Market capitalisation of the company has also grown over threefold since the lowest point around the same time.
In FY21, the company had guided for Rs 30,000 crore revenue by FY25, but has already achieved Rs 26,700 crore revenue in fiscal 2024.
Adani Ports has strong international operations with presence in Australia, Tanzania and Sri Lanka. It also operates Israel’s largest port, Haifa Port.
