Shares of Adani Ports and Special Economic Zone have been in focus over the past few sessions, with analysts projecting a strong growth outlook despite recent challenges. Kotak Institutional Equities has a fair value of Rs 1,630, while Motilal Oswal Financial Services has pegged it at Rs 1,530, both maintaining their ‘Buy’ ratings. Operating cash flow is expected to grow …
The Adani Ports and Special Economic Zone Ltd. has concluded the acquisition of the Andhra Pradesh government’s 10.40% stake in the Gangavaram Port Limited for a consideration of ₹645 crore. The merger of GPL with the APSEZ has also been approved, with the GPL’s valuation amounting to ₹120 per share and the APSEZ’s fair value being ₹754.80 per share. Raju …
