Adani Ports stock news

Adani Ports shares fall 4% after Deloitte quits as auditor

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Adani Ports shares fall 4% after Deloitte quits as auditor

Shares of billionaire Gautam Adani-led Adani Ports and Special Economic Zone (APSEZ) fell nearly 4% to Rs 771 in Monday’s trade on BSE after the auditing firm Deloitte resigned as its auditor. Deloitte’s resignation comes after it asked Adani Ports to conduct an independent inquiry on related party transactions flagged by Hindenburg but the company … Read more

Adani Ports Q4 preview: Net profit likely to fall up to 20%

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Adani Ports Q4 preview: Net profit likely to fall up to 20%

NEW DELHI: and Special Economic Zone is likely to see a drop in the March quarter profit to the tune of 20 per cent, according to analysts tracking the company. They, however, have different views on the company’s top line growth. Broking expects adjusted profit after tax (PAT) to decline about 19 per cent compared … Read more