Web Sify
Follow us on

India's Adani Ports falls on budget proposal for new ports

Source : REUTERS
Last Updated: Thu, Feb 28, 2013 06:39 hrs
Investors watch a display at a local share market in the northern Indian city of Chandigarh

Shares in India's Adani Ports and Special Economic Zone Ltd slump 3 percent after Finance Minster P. Chidambaram proposed to set up two new ports in Andhra Pradesh and West Bengal in the 2013/14 federal budget.

Dealers say that may reduce traffic through Adani-operated ports.

More from Sify:
blog comments powered by Disqus
  Cities   Price (10g)
  Chennai   Rs. 24500.00 (-0.33%)
  Mumbai   Rs. 25480.00 (-0.08%)
  Delhi   Rs. 25200.00 (0%)
  Kolkata   Rs. 25000.00 (0%)
  Kerala   Rs. 24400.00 (-0.41%)
  Bangalore   Rs. 24450.00 (0%)
  Hyderabad   Rs. 24580.00 (0%)
talking point on sify finance