29-Oct-2026 08:11:18
ADANIPORTSExpansion
JPMORGAN ON ADANI PORTS ; OVERWEIGHT | TP ₹2,076 (EARLIER ₹2,000)
• Target Upgrade: JPMorgan raises target price to ₹2,076 from ₹2,000, maintaining Overweight rating. • Q2 Revenue: UP 24% YoY, reflecting strong business growth. • Q2 EBITDA: UP 23% YoY, supported by strong operating performance. • Q2 Net Profit: UP 19% YoY. • Cargo Volumes: UP 15% YoY, with international cargo volumes surging 147% YoY. • FY27 Guidance: Management raises revenue, EBITDA and capex guidance. • Brokerage Outlook: JPMorgan retains Adani Ports as a preferred pick. • Impact: Positive 🟢
ADANI PORT & SEZ LTD