Buy Adani Ports & Special Economic Zone, target price Rs 820: Edelweiss
Edelweiss has buy call on Special Economic Zone with a target price of
Rs 820.
The current market price of Adani Ports &
Special Economic Zone is Rs 765.1. Time period given by analyst is Intra Day
when Adani Ports & Special Economic Zone Ltd. price can reach defined
target.
Adani Ports &
Special Economic Zone Ltd., incorporated in the year 1998, is a Large Cap
company (having a market cap of Rs 156214.43 Crore) operating in Shipping
sector.
Adani Ports & Special Economic Zone Ltd.
key Products/Revenue Segments include Income from Port Services, Infrastructure
Leasing Income, Other Operating Revenue and Export Incentives for the year
ending 31-Mar-2021.
For the quarter
ended 30-09-2021, the company reported a Consolidated Total Income of Rs
4066.78 Crore, down -17.65 % from last quarter Total Income of Rs 4938.43 Crore
and up 18.80 % from last year same quarter Total Income of Rs 3423.16 Crore.
Company
reported net profit after tax of Rs 932.79 Crore in latest quarter
