Adani Ports will be included in Sensex on June 24: IT company Wipro will be out; Adani Port rose 45% in 6 months, Wipro only 14%

Adani Ports shares will trade on the BSE Sensex from June 24. The Adani Group company will replace Wipro. From time to time, changes are made in the 30-share index Sensex. Under this, Adani Port is being included in the Sensex and Wipro is being excluded. Adani Ports is the first company among the Adani Group companies to be included in the Sensex. Both Adani Enterprises and Adani Ports, the flagship company of the Adani Group, are included in the Nifty 50 of the National Stock Exchange (NSE). Adani Ports climbed 45% in 6 months, Wipro only 14% Adani Ports shares are trading at Rs 1480 today, up about half a percent. In the last 6 months, the stock has given a return of more than 45%. At the same time, the share price has almost doubled in a year. This stock has climbed from Rs 749 to Rs 1480. Wipro shares are trading at Rs 495 today with a gain of more than 1%. In the last 6 months, the stock has given only 14% return. At the same time, the stock has increased by more than 28% in one year. This stock has climbed from Rs 385 to Rs 495. Sensex tracks the top 30 companies of the country Sensex is the benchmark index of the Bombay Stock Exchange, which tracks the top 30 companies of the country. Sensex is calculated on the basis of free-float capitalization. There is a change in the shares of Sensex from time to time. For this, a review is done every six months and then a decision is taken on that basis. Adani Ports is the largest port operator in the country Adani Ports is the largest private port operator in India. Its 13 ports and terminals represent about 24% of the country’s port capacity. Its capacity is 580 MMTPA. Earlier it was named Gujarat Adani Port Limited (GAPL). Adani Ports’ fourth-quarter profit increased by 76% Adani Ports released the results for the fourth quarter of the financial year 2024 on 2 May. In the January-March quarter, the company’s consolidated net profit, that is, net profit, increased by 76.87% on a year-on-year basis (YoY) to ₹ 2,014.77 crores. In the same quarter last year, the company’s consolidated net profit was ₹ 1,139.07 crores. At the same time, in the previous quarter (Q3FY24) it was ₹ 2,208.21 crores. That is, the consolidated net profit of the company has decreased by 8.76% on a quarterly basis (QoQ). The founder and chairman of the company is Gautam Adani The founder and chairman of Adani Ports is Gautam Adani. He founded this company in 1998. Gautam Adani’s son Karan Adani is the managing director of the company and CEO Ashwani Gupta. More than 1900 employees work in the company. Adani Logistics Limited is a subsidiary of Adani Ports.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top