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

Last Updated: Thu, Feb 28, 2013 06:39 hrs

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: