Dow Jones – Adani Ports jumps 6% after being ranked 14th in Dow Jones Sustainability Rising Markets Index

MUM(BA)I: Shares of Adani Ports & Particular Financial Zone (APSEZ) jumped greater than 6 per cent after the ports and logistics firm stated it was ranked 14th by the Dow Jones Sustainability Rising Markets Index 2020, within the world transportation and transportation infrastructure sector.

APSEZ shares rose after three periods of decline. At 12:54 pm, the stock was up 6.08 per cent at Rs 397.90, whereas benchmark Sensex traded 0.77 per cent greater at 44,414,75 points.

The stock is merely 1.63 per cent away from its 52-week excessive of Rs 405 seen a yr in the past.

The rating initiates the presence of APSEZ on the DJSI Rising Markets Index, one of many sustainability indices on the planet that represents the highest 10 per cent of the biggest 800 firms inside the world’s 20 rising markets, and is predicated on long-term setting, social and financial, and governance standards.

APSEZ stated it was ranked within the prime 20 of each single dimension of the three standards.