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15 October, 2019 04:46 IST
Adani Ports gains on RBI nod to hike FII limit to 49%
Source: IRIS | 03 Oct, 2016, 11.09AM
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Adani Ports and Special Economic Zone witnessed a rise in share price on Monday after the Reserve Bank of India (RBI) has Friday notified that foreign institutional investors (FIIs) and registered foreign portfolios investors (RFPIs) can under the portfolio investment scheme (PIS) now invest upto 49 per cent of the paid up capital of Adani Ports (Q,N,C,F)* and Special Economic Zone. The purchases could be made through primary market and stock exchanges.

Shares of Adani Ports and Special Economic Zone  are trading at Rs 263.60, up Rs 6.85, or 2.67%  at the Bombay Stock Exchange (BSE) on Monday at 10:59 a.m.

The scrip has touched an intra-day high of Rs 280 and low of Rs 259.95. The total volume of shares traded at the BSE is 250,977.

Total volume of shares traded on the bourses today was lower by 64.17% to 1,665,271 compared with 22-day average volume of 4,648,332.  

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