29-Oct-2026 07:46:44
ADANIPORTSExpansion
EMKAY GLOBAL ON ADANI PORTS ; BUY | TP ₹2,200 (EARLIER ₹2,100)
• Emkay Global maintains Buy rating on Adani Ports and raises target price to ₹2,200 from ₹2,100. • Q2 Performance: Revenue UP 24% YoY; EBITDA UP 23% YoY, beating estimates by 3–4%. • Domestic Ports: Revenue UP 13% YoY. • International Ports: Revenue UP 71% YoY, reflecting strong overseas growth. • FY27 Guidance: Company raises EBITDA guidance to ₹26,000–27,000 Cr. • Cash Flow: Strong cash flows support business expansion and future growth. • Impact: Positive 🟢
ADANI PORT & SEZ LTD