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Shares of Adani Ports and Special Economic Zone Ltd today rose on the back of the company announcing the completion of Dhamra Port takeover.
The stock rose to a high of Rs 242 in the opening trade and was trading with a gain of 2 per cent at Rs 240.70 around mid-day after paring some initial gains on the BSE.
The company had yesterday announced that it has completed the acquisition of 100 per cent stake in Dhamra Port from L&T Infrastructure Development Projects Ltd and Tata Steel.
Two other companies of Gautam Adani-led group — Adani Enterprises and Adani Power — also saw rally in their shares.
Adani Enterprises was up 2.25 per cent at Rs 463.90, while Adani Power rose nearly 2 per cent to Rs 60.15 by mid-day.
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