BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA maintains buy on Adani Ports and Special Economic Zone
CLSA has maintained "buy" call on Adani Ports with a target price of RS 345. We see a focus on balance sheet in Q2 results. Inter-group advances are likely to be paid back. The company has witnessed robust volume growth after 5 quarters of tepid growth. Company remains a compelling strategic asset.