APSEZ wins LOA for two dry bulk berths at Paradip Port, 30-year concession

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ADANIPORTS · price

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Price reactionminutes from the announcement price · days from the prior close

+3.8%Reaction day

₹1710.00

prior close

₹1778.80

announcement price

In-mkt

timing

Nifty 100market-0.7%+4.5% vs market

Port & Port services peers, median of 5sector-2.0%+5.8% vs sector

On the reaction day the stock moved 4.5 pts more than Nifty 100 and 5.8 pts more than its Port & Port services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

+0.2

15m

+0.2

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.8-0.7+4.5-2.0+5.8

Next day

+3.4-0.6+4.0-0.6+4.0

+3.2-1.0+4.2-0.0+3.2

+0.2-2.5+2.7-1.5+1.7

+1.0-2.1+3.1-3.8+4.8

+1.3-1.7+3.0-4.3+5.6

+4.6-1.0+5.6-2.9+7.5

15d

+1.6-5.2+6.8-2.9+4.5

+3.0-5.1+8.0+1.2+1.8

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UpDownMarket · Nifty 100Sector · Port & Port services peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Adani Ports (APSEZ) received Letter of Award from Paradip Port Authority for two dry bulk berths (CQ-I and CQ-II) at Paradip Port, Odisha. 30-year concession on BOT basis via competitive bidding. Adds 18 MMT mechanized capacity, raising total domestic portfolio to 671 MMT from 653 MMT. Network grows to 16 ports, supporting the 1 billion tonnes throughput target by 2030. Revenue not ascertainable as it depends on future cargo.

Likely market impact

Strengthens East Coast presence and long-term cargo capacity. No immediate revenue impact since consideration depends on future cargo volumes.