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 …
Chennai: Containers and coal shipments are expected to support cargo volume growth at the ports in FY25 by 6 -8 per cent. In the first 10 months of FY2024, cargo volumes witnessed a 7.6 per cent growth. In 10M FY2024, cargo volumes witnessed a 7.6 per cent growth after growing 8.3 per cent in FY2023. Going forward in FY2025, volume …
Chennai: International air passenger traffic is likely to exceed pre-Covid levels this fiscal. Promoted by the ease in travel restrictions, availability of direct flights, enhanced work-related travel and overall improvement in travel sentiments, international passenger traffic shall exceed pre-Covid levels in FY24, finds India Ratings and Research. Domestic air traffic exceeded the pre-Covid levels by 12 per cent in Q1 …
