Adani Ports hits life time high

Adani Ports is in the limelight today, opening higher at Rs.285 and currently at its intra day high level of Rs.288.70, a new 52-week high too, up almost 2.5%.

The stock shot into the green after the company announced yesterday that it has received environment and other clearances for its 8,481 hectares SEZ, helping the company set up facilities like desalination and effluent treatment plants besides boosting exports. Provision of these primary infra facilities will be good for companies aiming to set up business units in the SEZ.