The key equity indices traded in narrow range in afternoon trade. The Nifty traded above the 23,750 level after hitting the day's low of 23,701.05 in mid-morning trade. Auto, PSU bank shares advanced while media, realty and metal stocks declined. At 13:25 IST, the barometer index, the S&P BSE Sensex was advanced 17.44 points or 0.02% to 78,491.32. The Nifty 50 index added 24.25 points or 0.10% to 23,751.90. In the broader market, the S&P BSE Mid-Cap index fell 0.42% and the S&P BSE Small-Cap index fell 0.33%. The market breadth was negative. On the BSE, 1,605 shares rose and 2,295 shares fell. A total of 121 shares were unchanged. Gainers & Losers Adani Ports & Special Economic Zone (up 1.80%), Mahindra & Mahindra (M&M)(up 1.58%), Maruti Suzuki India (up 1.57%), SBI Life Insurance Company (up 1.51%) and Tata Motors (up 1.30%) were major Nifty gainers. Asian Paints (down 0.75%), Grasim Industries (down 0.70%), Tata Consumer Products (down 0.55%), HDFC Bank (down 0.46%) and JSW Steel (down 0.42%) were major Nifty losers. Stocks in Spotlight: Ola Electric Mobility rose 0.62%. The company said that it has expanded its network to 4,000 stores nationwide, registering a four-fold increase from the existing network. Ramky Infrastructure advanced 2.25% after the company received a letter of acceptance from the Hyderabad Metropolitan Water Supply & Sewerage Board (HMWSSB) for maintaining sewage treatment plant (STP). The said order is valued at approximately Rs 215.08 crore. Capital India Finance rose 1.24%. The company's board has approved sub-division of 1 equity share of face value of Rs 10 into 5 equity shares having face value of Rs 2, subject to approval of members of the company. Garware Technical Fibres rallied 4.43% after the company has received in-principle approval letter from National Stock exchange (NSE) for bonus issue in the ratio of 4:1. Godfrey Phillips India jumped 6.95% after the company announced that its nomination and remuneration committee has approved the appointment of Siddharth Chawla as chief operating officer (COO). Bharat Petroleum Corporation (BPCL) rose 0.62% after the company announced its participation in NTPC's tender for the selection of solar power generators to establish 1200 MW ISTS-connected solar PV power projects across India. Ceigall India jumped 3.28% after the company's subsidiary, Ceigall Ludhiana Bathinda Greenfield Highway Private has executed concession agreement with the National Highways Authority of India (NHAI) to develop highway in Punjab. Gland Pharma advanced 0.90%. The company said that the Agence nationale de s'curit' du m'dicament et des produits de sant' (ANSM), France, has issued 10 observations to Cenexi's facility post an inspection conducted this month. Global Markets: Asia-Pacific stocks advanced on Thursday, with several markets remaining closed for Boxing Day. s Investors closely tracked the developments in the Japanese economy after media reports stated that the country was preparing a record $735 billion budget for its fiscal year starting in April. The budget will account for increased social security and debt-servicing expenses, the report said. On Wednesday, Bank of Japan's Governor Kazuo Ueda reportedly said: 'Japan's economy will move closer to sustainable and stable 2 percent inflation [in 2025], accompanied by wage increases.' Traders in Asia will be looking at November manufacturing output data coming out of Singapore later in the day. The Chinese government said on Wednesday that efforts to stabilize and stem the declines of the country's real estate market will persist in 2025. The measures will include controlling the supply of commercial housing to optimize supply. In the US, stocks jumped Tuesday on Christmas Eve as the market pulled off back-to-back gains in the holiday week. The S&P 500 added 1.1% to 6,040.04, and the Dow Jones Industrial Average gained 390.08 points, or 0.91%, to 43,297.03. The Nasdaq Composite climbed 1.35% to 20,031.13. Tuesday marked the start of the seasonal Santa Claus rally, which happens in the last five trading days of the year and the first two in January. With two straight winning days, the S&P 500 is up 1.8% this week, while the Dow has gained about 1%. The strong rally in megacap tech lifted the Nasdaq up 2.3% week to date.Powered by Capital Market - Live

On a year-to-date (YTD) basis, the company has handled cargo volumes of 293.7 MMT of total cargo, up 7% YoY. This growth was supported by containers (up 19% YoY), followed by liquids & gas (up 7% YoY). The company's YTD Nov'24 logistics rail volumes have grown by 10% YoY to 0.42 million TEUs and GPWIS volumes have risen by 15% YoY to 14.2 MMT. Adani Ports & Special Economic Zone (APSEZ) is in the business of development, operations and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi product Special Economic Zone (SEZ) and related infrastructure contiguous to port at Mundra. APSEZ's consolidated net profit jumped 39.86% to Rs 2,445 crore on 6.32% rise in revenue from operations to Rs 7067.02 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

Adani Ports & Special Economic Zone (APSEZ) announced that during the month of November 2024, the company handled 36 MMT of total cargo, driven by containers, which was up by 21% YoY. YTD November 2024, APSEZ handled 293.7 MMT of total cargo (+7% YoY). This growth was supported by containers, which was up 19% YoY, followed by liquids & gas (+7%). YTD November 2024, logistics rail volumes grew 10% YoY to 0.42 Mn TEUs and GPWIS volumes grew 15% YoY to 14.2 MMT. Powered by Capital Market - Live

On a year-to-date (YTD) basis, the company has handled cargo volumes of 257.7 MMT of total cargo, up 8% YoY. This growth was supported by containers (up 19% YoY), followed by liquids & gas (up 9% YoY). The company's YTD Oct'24 logistics rail volumes have grown by 11% YoY to 0.36 million TEUs and GPWIS volumes have risen by 18% YoY to 12.5 MMT. Adani Ports & Special Economic Zone (APSEZ) is in the business of development, operations and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi product Special Economic Zone (SEZ) and related infrastructure contiguous to port at Mundra. APSEZ's consolidated net profit jumped 39.86% to Rs 2,445 crore on 6.32% rise in revenue from operations to Rs 7067.02 crore in Q2 FY25 over Q2 FY24. The scrip fell 2.11% to currently trade at Rs 1364.60 on the BSE. Powered by Capital Market - Live

Adani Ports & Special Economic Zone announced that during the month of October 2024, the company handled 37.9 MMT of total cargo. YTD October 2024, the company handled 257.7 MMT of total cargo (+8% YoY). This growth was supported by containers, which was up 19% YoY, followed by liquids & gas (+9%). YTD October 2024, logistics rail volumes grew 11% YoY to 0.36 Mn TEUs and GPWIS volumes grew 18% YoY to 12.5 MMT. Powered by Capital Market - Live

Profit before exceptional items and tax gained 16.51% year on year (YoY) to Rs 2,936.94 crore in the quarter ended 30 September 2024. The company reported an exceptional loss of Rs 51.77 crore in Q2 FY25. The company's EBITDA (excluding forex) jumped 13% to Rs 4,369 crore in September 2024 quarter as compared to Rs 3,880 crore registered in Q2 FY24. Domestic ports contributed Rs 4,089 crore to EBITDA and Logistics contribution was at Rs 156 crore. The company said that with 70% domestic port EBITDA margins, APSEZ is one of the most profitable port operator globally. During the quarter, APSEZ recorded a cargo volume of 101.2 million metric tons (MMT), registering growth of 10% YoY. The company informed the exchanges that it is well-positioned to hit the upper end of FY25 EBITDA guidance of Rs 17,000-18,000 crore. On half year basis, the company's net profit jumped 43.88% to Rs 5,557.83 crore on 8.75% rise in revenue from operations to Rs 14,023.34 crore in H1 FY25 over H1 FY24. APSEZ clocked 220 MMT of cargo volume (up 9% YoY) in H1 FY25. The growth was primarily driven by Containers (up 19% YoY). Mundra port achieved a significant milestone by crossing 100 MMT mark in 181 days (101.1 MMT in H1 FY25). The company handled 0.31 million Twenty-foot Equivalent Units (TEUs) rail volume (up 11% YoY) and 10.7 MMT GPWIS volume (up 20% YoY). APSEZ operating revenue grew by 13% YoY to Rs 14,627 crore. Ports revenue increased by 11% YoY to Rs 12,824 crore, Logistics revenue increased by 17% YoY to Rs 1,159 crore in H1 FY25. Net debt to trailing twelve months (TTM) EBITDA ratio at 2x (vs 2.3x in FY24). CRISIL assigned 'AAA' rating to APSEZ. India Ratings upgraded APSEZ's long-term issuer rating to 'AAA'. The company has completed the acquisition of Gopalpur Port and Astro Offshore, and also signed two new port concession agreements. Ashwani Gupta, whole-time director & CEO of APSEZ, said, 'We are pleased to witness continued growth across our operations, with our existing ports delivering strong volume ramp-ups and new capacity additions progressing as planned in Gopalpur, Vizhinjam and Colombo. During the quarter, we also diversified our marine fleet, adding 26 offshore support vessels. Our logistics business too achieved robust growth, enhancing last-mile connectivity through expansions in rakes, warehousing, MMLPs and agri-silos. Mundra Port's remarkable milestone of crossing 100 MMT in 181 days and our cargo volume trajectory reaffirm our confidence in delivering our FY25 cargo guidance and hitting the upper end of our EBITDA guidance for the year. These results underscore APSEZ's commitment to sustainable growth and operational excellence.' Adani Ports & Special Economic Zone is in the business of development, operations and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi product Special Economic Zone (SEZ) and related infrastructure contiguous to port at Mundra. The scrip rose 0.34% to currently trade at Rs 1,357.75 on the BSE.Powered by Capital Market - Live

Net profit of Adani Ports & Special Economic Zone rose 39.89% to Rs 2445.00 crore in the quarter ended September 2024 as against Rs 1747.85 crore during the previous quarter ended September 2023. Sales rose 6.33% to Rs 7067.02 crore in the quarter ended September 2024 as against Rs 6646.41 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales7067.026646.41 6 OPM %59.9355.13 - PBDT4013.513495.15 15 PBT2936.942520.68 17 NP2445.001747.85 40 Powered by Capital Market - Live

Adani Ports & Special Economic Zone will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live

The domestic equity benchmarks traded with significant losses in morning trade. The Nifty traded below the 25,550 mark. Realty shares extend losses for the fourth consecutive trading session. Trading was volatile due to weekly F&O series expiry today. At 10:30 ST, the barometer index, the S&P BSE Sensex tumbled 894.98 points or 1.06% to 83,371.99. The Nifty 50 index slipped 272.50 points or 1.06% to 25,524.40 In the broader market, the S&P BSE Mid-Cap index shed 0.91% and the S&P BSE Small-Cap index declined 0.98%. The market breadth was weak. On the BSE, 1,201 shares rose and 2,478 shares fell. A total of 140 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 7.09% to 12.84. New Listing: Shares of KRN Heat Exchanger and Refrigeration were currently trading at Rs 472.30 at 10:25 IST on the BSE, representing a premium of 114.68% as compared with the issue price of Rs 220. The scrip was listed at Rs 470, exhibiting a premium of 113.64% to the issue price. So far, the stock has hit a high of 497 and a low of 450. On the BSE, over 15.11 lakh shares of the company were traded in the counter so far. Buzzing Index: The Nifty Realty index declined 2.39% to 1,070.60. The index tumbled 5.36% in four consecutive trading sessions. Phoenix Mills (down 4.72%), Brigade Enterprises (down 3.45%), Macrotech Developers (down 3.36%), Godrej Properties (down 1.62%), Sobha (down 1.39%), Oberoi Realty (down 1.32%), DLF (down 1.23%), Raymond (down 1.17%), Mahindra Lifespace Developers (down 0.8%) and Prestige Estates Projects (down 0.61%) declined. Stocks in Spotlight: Adani Ports and Special Economic Zone (APSEZ) fell 1.06%. The company said that it has handled a total cargo volume of 37.5 million metric tonnes (MMT) in September 2024, which is higher by 14% on YoY basis. NMDC shed 0.99%. The state-owned miner's iron ore production increased by 1.33% to 3.04 million tonnes (MT) in September 2024 as against 3 MT produced in September 2023. Maruti Suzuki India slipped 2.15%. The company has recorded total sales increased 1.87% to 1,84,727 units in September 2024 as against 1,81,343 units sold in September 2023. Powered by Capital Market - Live

Adani Ports & Special Economic Zone (APSEZ) announced that during Sep'24, APSEZ handled 37.5 MMT of total cargo (+14% YoY). The growth in cargo was primarily driven by containers, which was up 31% YoY, followed by liquids & gas (+11%) cargo. During H1 FY25, APSEZ handled 219.8 MMT of total cargo (+8.5% YoY), clocking its highest ever H1 cargo. This growth was supported by containers, which was 19% YoY, followed by liquids & gas (+8%) cargo. With Vizhinjam and Gopalpur contributing to cargo volume during the second half of the financial year, we are on track to deliver on our FY25 cargo guidance, despite disruption in Gangavaram port during the first quarter., the company added. Mundra Port achieved a significant milestone by crossing 100 MMT mark in 181 days (101.1 MMT in H1). Sweating of logistics assets continued with H1 FY25 rail volumes growing by 11% YoY to 0.31 Mn TEUs and GPWIS volumes growing by 20% YoY to 10.7 MMT. Powered by Capital Market - Live