Brokerages raise target price for Adani Ports after Q2 results
market hours1 source ↓written by the desknot a recommendation
- in Q2
- 12.4% volume growth
- market share
- 41.9%
Top brokerages have raised their target price for Adani Ports and Special Economic Zone following a 12.4% volume growth in Q2. Goldman Sachs noted the stock's attractive risk-reward ratio and highlighted strong performance in the coking coal segment, increasing market share to 41.9%. New ports are expected to boost growth further in the coming quarters.
Not investment advice. For informational purposes only.