Adani Ports Share: After Q3 results, profit opportunity in Adani stock, brokerage gives target of 8% upside – Market

Adani Ports Share Price: Adani Group company Adani Ports has presented its quarterly results on Tuesday. In the quarterly results, the company’s net profit has increased by 21 percent and revenue has increased by 22 percent. After the quarterly results, global brokerage house Morgan Stanley’s outlook on Adani Ports and Special Economic Zone remains positive. The brokerage has maintained its “overweight” rating on the company and maintained the target price at Rs 1,661. This is an upside of 8 percent from the current price of the company (previous closing price) of Rs 1530.80.

Source

Leave a Reply

Your email address will not be published.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