Adani Ports and Special Economic Zone Ltd made beyond Rs.1 trillion in market capitalisation after its shares went up by greater than 34% this year. This is the second Adani group company after Adani Green Energy Ltd, to have achieved this in the group.
Antique broking says that Adani Ports has a high-margin & cash-generating port business which would make the most from- revival in India’s Exim trade, progress of newer ports, contribution from other divisions like Adani Logistics, and market share gains.