Adani Ports hits 52-week high before retreating. The company reported April cargo volumes surged 15 percent year-over-year to 4.31 crore metric tonnes, with container and dry cargo segments each expanding 17 percent. Despite today's intraday pullback, APSEZ stock remains a strong performer, up 25.34 percent over the past month and 28.18 percent annually, significantly outpacing the Nifty 50's decline. The operational momentum reflects robust demand across key logistics segments, though rail volumes declined 16 percent year-over-year. Trading at a price-to-earnings ratio of 32.06, the stock's broader trend remains positive with market capitalization near 3.99 lakh crore, supported by consistent operational growth and strong investor confidence in India's port infrastructure sector.
