26 Jul, EOD - Indian

SENSEX 81332.72 (1.62)

Nifty 50 24834.85 (1.76)

Nifty Bank 51295.95 (0.80)

Nifty IT 40977.35 (2.30)

Nifty Midcap 100 57768.1 (1.81)

Nifty Next 50 73400.65 (1.65)

Nifty Pharma 21603.1 (2.36)

Nifty Smallcap 100 18854 (0.97)

26 Jul, EOD - Global

NIKKEI 225 37667.41 (-0.53)

HANG SENG 17021.31 (0.10)

DOW JONES 40565.99 (1.58)

S&P 5460.92 (1.14)

Login/Signup

Hot Pursuit News

You are Here : Home > News > Hot Pursuit News >

(07 Jun 2024, 12:33)

Adani Ports and SEZ gains on receiving LoI from SMPK

Adani Ports and Special Economic Zone (APSEZ) rose 1.81% to Rs 1,377.35 after the company has received letter of intent (LoI) from Syama Prasad Mookerjee Port Authority, Kolkata (SMPK) for operation and maintenance of container terminal at Kolkata.

The company has won the five-year O&M contract through a competitive bidding process, which mandates the successful bidder to deploy cargo handling equipment within seven months from the letter of acceptance (LOA) date. The contract will be executed within a 45 days of issuance of LOI/LOA by SMPK

Netaji Subhas Dock is the largest container terminal on the eastern coast of India. It handled around 0.63 million TEUs in FY2023-24, serving a vast hinterland encompassing West Bengal, Bihar, Uttar Pradesh, Jharkhand, Assam, the northeastern hill states and the landlocked neighbouring countries of Nepal and Bhutan.

The Kolkata port is the nominated port for the Indo-Bangladesh protocol on inland water transit and trade route. Netaji Subhas Dock has regular liner service calls from the hub...

More News
More Company News View Company Information