29-Oct-2026 08:20:05
ADANIPORTSExpansion
PRABHUDAS LILLADHER ON ADANI PORTS ; BUY | TP ₹2,248 (EARLIER ₹2,243)
• Target Upgrade: Prabhudas Lilladher raises target price to ₹2,248 from ₹2,243, maintaining Buy rating. • Q2 EBITDA: UP 23% YoY, supported by strong international port performance. • International Cargo Volumes: UP 147% YoY, reflecting strong overseas business growth. • EBITDA Margin: Reaches 47.7%, indicating healthy operating profitability. • FY27 Guidance: Higher guidance supports improved earnings outlook. • Capacity Expansion: Ongoing expansion expected to support long-term growth. • Impact: Positive 🟢
ADANI PORT & SEZ LTD