Shares of Adani Ports and Special Economic Zone (APSEZ) soared to a new record high on Wednesday, reaching Rs 1881 during trading before closing at Rs 1848. This surge propelled the company's market capitalization to an impressive Rs 4.26 lakh crore, following the release of its operational updates for the first quarter of fiscal year 2027 (Q1FY27) and June 2026.
Robust Q1 Operational Performance
Adani Ports reported a strong operational performance for the quarter ended June 30, 2026. The firm handled a total cargo volume of 138.1 million metric tonnes (MMT) during Q1FY27, marking a significant 15% increase compared to the same period last year. This growth was primarily driven by an 18% year-on-year rise in container traffic and a 12% increase in liquid cargo volumes.
June 2026 Highlights
For the month of June 2026 alone, APSEZ managed a cargo volume of 46.8 MMT. While overall cargo handling showed strength, the logistics rail segment experienced a downturn. Logistics rail volumes for June 2026 stood at 48,650 TEUs (twenty-foot equivalent units), a 22% decrease year-on-year. Quarterly logistics rail volumes for Q1FY27 also saw a decline, totaling 145,310 TEUs, down 19% from the previous year.
The stock's performance reflects strong investor confidence, with shares trading above key moving averages, including the 10, 20, 30, 50, 100, 150, and 200-day averages. The Relative Strength Index (RSI) for Adani Ports stood at 59.3, indicating that the stock is neither in the oversold nor overbought zone, suggesting a balanced market sentiment.