Adani group stock gets a buy call for an upside of 25%; Do you hold it? – Trade Brains

49 Comments / By /

by | Oct 17, 2023 | 1:20 pm | News, Trending News | 0 comments
The shares of India’s largest private port operator gained traction last week after Motilal Oswal gave a ‘buy’ recommendation with a 25 percent upside from Monday’s(October 16th) closing price of Rs 805.65 a share. 
At 12:15 p.m. on Tuesday, Adani Ports and Special Economic Zone Ltd shares were trading at Rs 809.70 a share on the National Stock Exchange, up 0.50 percent from the previous close. 
The company’s shares have delivered returns of 22 percent in six months and 3.2 percent in a year. 
The company’s revenue has increased by 35 percent yearly, rising from Rs 4,637 crore in Q1FY23 to Rs 6,247 crore in Q1FY24. During the same time period, net profit jumped by 122 percent, from Rs 986 crore to Rs 2,194 crore. 
Based on a strong outlook on Adani Ports and Special Economic Zone Ltd(APSEZ). Motilal Oswal has given a target price of Rs 1,010 a share representing a 25 percent increase from Monday’s (October 16th) closing price. 
The rationale behind providing such a recommendation is 
● Adani Ports & SEZ (APSEZ) is India’s largest private port operator, with a more than 24% market share in cargo handling. The company has grown from operating just two ports (Mundra and Dahej) in FY11 to a portfolio comprising 14 ports across India. 
● The company has achieved strong growth through Joint Ventures, long-term tie-ups, and acquisitions have played a key part in the growth, APSEZ has increased its existing ports through strategic initiatives, retail fuel stations, and the introduction of petrol trading. 
● Motilal forecasts revenue to grow at a 15% CAGR over FY 23-25, led by a 12% volume CAGR at its ports, followed by SEZ income of INR4-5 billion per year and an increase in its logistics business. and PAT would grow at a 22% CAGR from FY23 to FY25. 
● The company’s expansion in container handling has supported volume growth while also reducing dependency on commodities such as coal, resulting in cargo diversification. Cargo volumes at APSEZ have more than tripled to 339 mmt in FY23, up from 91mmt in FY13. This reflects a 14% CAGR, exceeding the industry’s growth rate (4% CAGR) over the same time period. Brokerage reported. 
Adani Ports & Special Economic Zone is in the business of development, operations and maintenance of port infrastructure and is also linked in multi-product Special Economic Zone (SEZ) and related infrastructure contiguous. 
Written by Omkar Chitnis
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
To stay updated with the Latest Stock Market news, download our app here!
For editorial purposes, contact news@tradebrains.in
Want to learn Stock Market trading and Investing? Make sure to check out exclusive Stock Market courses by FinGrad, the learning initiative by Trade Brains. You can enroll in FREE courses and webinars available on FinGrad today and get ahead in your trading career. Join now!!
Your email address will not be published. Required fields are marked *






Trade Brains is a Stock market analytics, financial & business news service provider and education platform in India with a mission to simplify stock market investing and trading.
Recognized by:
startup india
Reach us out at
For Advertisement, Press Releases, Partnerships or to get backlinks on this website, please e-mail us at advertise@tradebrains.in
Trade Brains Portal Google playstore
Trade Brains Portal Appstore
India’s No 1 Stock learning Platform

source

49 thoughts on “Adani group stock gets a buy call for an upside of 25%; Do you hold it? – Trade Brains”

  1. googletest

    Hi there! This is kind of off topic but I need some guidance from an established
    blog. Is it very difficult to set up your
    own blog? I’m not very techincal but I can figure things out
    pretty fast. I’m thinking about making my own but
    I’m not sure where to start. Do you have any points or suggestions?
    Many thanks

  4. Jerrybloge

    Нужен номер для Телеграма? https://techalpaka.online для безопасной регистрации и анонимного использования. Поддержка популярных регионов, удобный интерфейс, моментальный доступ.

  5. Michaelmaw

    ГГУ имени Ф.Скорины https://www.gsu.by/ крупный учебный и научно-исследовательский центр Республики Беларусь. Высшее образование в сфере гуманитарных и естественных наук на 12 факультетах по 35 специальностям первой ступени образования и 22 специальностям второй, 69 специализациям.

  6. JimmySment

    Francisk Skorina https://www.gsu.by Gomel State University. One of the leading academic and scientific-research centers of the Belarus. There are 12 Faculties at the University, 2 scientific and research institutes. Higher education in 35 specialities of the 1st degree of education and 22 specialities.

  7. AngelRof

    Create vivid images with Promptchan — a powerful neural network for generating art based on text description. Support for SFW and NSFW modes, style customization, quick creation of visual content.

  8. WallacePouse

    Недвижимость в Болгарии у моря https://byalahome.ru квартиры, дома, апартаменты в курортных городах. Продажа от застройщиков и собственников. Юридическое сопровождение, помощь в оформлении ВНЖ, консультации по инвестициям.

  9. Edwardoremi

    Срочный выкуп квартир https://proday-kvarti.ru за сутки — решим ваш жилищный или финансовый вопрос быстро. Гарантия законности сделки, юридическое сопровождение, помощь на всех этапах. Оценка — бесплатно, оформление — за наш счёт. Обращайтесь — мы всегда на связи и готовы выкупить квартиру.

  10. DonaldSiz

    Портал о недвижимости https://akadem-ekb.ru всё, что нужно знать о продаже, покупке и аренде жилья. Актуальные объявления, обзоры новостроек, советы экспертов, юридическая информация, ипотека, инвестиции. Помогаем выбрать квартиру или дом в любом городе.

  36. Patrickpek

    Профессиональная лазерная эпиляция волос. Эффективное удаление волос на любом участке тела, подход к любому фототипу. Сертифицированные специалисты, стерильность, скидки. Запишитесь прямо сейчас!

  40. DavidKed

    Микрозаймы онлайн https://kskredit.ru на карту — быстрое оформление, без справок и поручителей. Получите деньги за 5 минут, круглосуточно и без отказа. Доступны займы с любой кредитной историей.

  43. Curtisgof

    Мир полон тайн https://phenoma.ru читайте статьи о малоизученных феноменах, которые ставят науку в тупик. Аномальные явления, редкие болезни, загадки космоса и сознания. Доступно, интересно, с научным подходом.

  44. Robertimare

    Читайте о необычном http://phenoma.ru научно-популярные статьи о феноменах, которые до сих пор не имеют однозначных объяснений. Психология, физика, биология, космос — самые интересные загадки в одном разделе.

  47. Garrettdrulp

    Научно-популярный сайт https://phenoma.ru — малоизвестные факты, редкие феномены, тайны природы и сознания. Гипотезы, наблюдения и исследования — всё, что будоражит воображение и вдохновляет на поиски ответов.

  48. Garrettdrulp

    Научно-популярный сайт https://phenoma.ru — малоизвестные факты, редкие феномены, тайны природы и сознания. Гипотезы, наблюдения и исследования — всё, что будоражит воображение и вдохновляет на поиски ответов.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top
Join Whatsapp Group!
Scan the code