29-Oct-2026 08:06:04
ADANIPORTSExpansion
JEFFERIES ON ADANI PORTS ; BUY | TP ₹2,180 (EARLIER ₹2,160)
• Target Upgrade: Jefferies raises target price to ₹2,180 from ₹2,160, maintaining Buy rating. • Q2 EBITDA: Beats estimates by 4%, driven by strong international ports performance. • International Ports: EBITDA jumps 3.4 times YoY, supporting earnings growth. • Domestic Cargo: Volumes UP 4% YoY. • FY27 Guidance: Management raises EBITDA guidance to ₹26,000–27,000 Cr. • Growth Outlook: Capacity expansion expected to support future growth. • Impact: Positive 🟢
ADANI PORT & SEZ LTD