India's top two private port operators Adani Ports, JSW Infra rise on quarterly profit jump

JSW Infrastructure

02/05/2025 05:47

** Shares of India's Adani Ports and Special Economic Zone APSE.NS up 4.3%, JSW Infrastructure JSWN.NS rise 2%

** Adani Ports, India's top private port operator by cargo handled, posted 48% profit rise and beat expectations

** Stock top pct gainer on Nifty 50 .NSEI index, which is up 1%

** JSW Infra, No.2 private port operator, posted 54% profit rise and shrugged off concerns of U.S. tariff-led trade disruptions

** On an avg, APSE rated "strong buy" while JSWN rated "buy" - LSEG data

** YTD APSE up 3.4%, JSWN down ~6%

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))