The brokerage has retained its Buy rating on Adani Ports shares, with a revised target price of ₹1,770, implying a 16 per cent upside from the current market price of ₹1,531 per share
Despite its aggressive expansion pipeline, analysts point out that APSEZ has strengthened its balance sheet meaningfully.
Adani Ports Q2FY26 result: Profit rises 27% to ₹3,109 cr, revenue jumps 30%
Minister Sarbananda Sonowal says ports will anchor India's green hydrogen drive as MoUs worth over Rs 87,000 crore boost maritime and port-led energy investments
Stocks to buy today: Rajesh Bhosale, equity technical analyst at Angel One has recommended buying the shares of Adani Ports, Radico Khaitan, and Tata Consumer Products today. Check key reasons here
The majority of this investment will go into the Mundra (Gujarat), Dhamra (Odisha), and Vizhinjam (Kerala) ports
The Spartan, blacklisted by the UK and EU, is among the last sanctioned vessels to unload at Mundra after Adani Group's entry ban on such ships
Adani Ports share price rose after the company announced that Mandhata Build Estate Limited, a step down subsidiary of the company has acquired 100 per cent stake of Dependencia from Windson.
Adani Ports, JSW Infra gain: Going forward, thrust of the Indian govt on augmenting multimodal connectivity, planned capex for enhancing ports capacity and rising coastal volumes augur well for ports.
Adani Ports and Special Economic Zone Ltd (APSEZ) -- part of the Adani Group -- on Tuesday said billionaire Gautam Adani has been redesignated from executive chairman to non-executive chairman with immediate effect. APSEZ in an regulatory filing said, based on the recommendation of nomination and remuneration committee, the board has approved redesignation of Gautam Adani from executive chairman to non-executive chairman with effect from August 5, and consequently he would cease to be a key managerial personnel of the company. The company appointed Manish Kejriwal as additional director (non-executive, independent) of the company for an initial term of three years from August 5, subject to the approval of shareholders within three months. APSEZ is part of the globally diversified Adani Group, with a national footprint of 15 ports and a presence in four ports outside India.
the Bank Nifty index advanced 0.80 per cent from its previous close to scale a fresh peak of 57,076 during intraday deals on Thursday
Adani Group shares came under pressure on reports of a US probe into alleged Iranian LPG imports in violation of sanctions
Adani Ports will raise ₹6,000 crore via non-convertible debentures for capex, debt refinancing and corporate use as it targets 1 billion tonnes cargo capacity by 2030
Just last month, the Adani Group raised roughly $750 million via an offshore private bond deal to finance a construction company acquisition
Lenders to consider existing proposal by Seapol; tribunal signals possibility of wider interest amid improved performance
Vizhinjam is India's first dedicated container transshipment port and also its first semi-automated one. It will handle container, break-bulk and multi-purpose cargo
The Adani Group firm's stock rose as much as 5.38 per cent during the day to ₹1,282 per share
Stocks to Watch on Friday: Adani Enterprises, Eternal, NCC, Auto stocks, GR Infraprojects, Adani Ports, Indus Towers, and Federal Bank are among the stocks to watch today, May 02, 2025
The company posted a profit of ₹3,014.22 crore for the quarter under review, beating the Bloomberg analysts' estimate of ₹2,662.1 crore
The board of APSEZ is scheduled to meet today, i.e. April 17, 2025, to consider a proposal for the issuance preferential equity shares, among other matters.