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The Latest Breaking News from Adani Ports and Special Economic Zone

Nomura raises Adani Ports share price target by 12%. Here are 3 major reasons why

Nomura has raised its target price on Adani Ports and Special Economic Zone to Rs 2,080 from Rs 1,850, while retaining its Buy rating. The revised target suggests a potential upside of about 15% from current levels. The brokerage also marginally increased its FY27 and FY28 EBITDA forecasts, driven by…

The Economic Times

Adani Ports bags 10-year contract for Argentina’s first LNG export project

Adani Ports has secured a significant 10-year contract for Argentina's first liquefied natural gas export project. This deal, worth an estimated $70 million, marks Adani's entry into South America. Commercial operations are set to begin in September 2027. The project is poised to boost Argentina's role as a future LNG…

The Economic Times

Adani Ports starts $130 million buyback of debt securities

Adani Ports and Special Economic Zone, a group company of the beleaguered Adani Group, said on April 24 that it started a buyback programme of certain debt securities to prepay part of its loans due in 2024. Read the full story on The Hindu.

The Hindu

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Adani Group's loss swells to $65 billion; Hindenburg responds to charges

Shares of Adani Group companies remained under pressure for the third straight session on Monday with majority of them witnessing a crash yet again.

The Times of India

Hindenburg shorts India’s Adani citing debt, accounting concerns

Concerns raised by the US-based short-seller sent shares of Adani Group’s listed firms tumbling, eroding $11bn.

Al Jazeera

Adani Ports enters Bengal with Rs 298 crore Haldia project

NEW DELHI: Adani Ports and Special Economic Zone (APSEZ) subsidiary HDC Bulk Terminal Ltd will modernise the Haldia port in West Bengal at an estimated cost of Rs 298 crore, marking the Ahmedabad-based conglomerate’s entry in the state’s ports sector.

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