Buy Adani Ports & Special Economic Zone, target price Rs 820: Edelweiss

2022-01-12 16:53:36 Container Terminal News

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

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