Adani Ports shares see revisions in stock price targets post Q4 results

Adani Ports shares see revisions in stock price targets post Q4 results; should you buy, hold or sell? Adani Ports & Special Economic Zone Ltd (APSEZ) Q4 results were largely in-line with Street expectations. The Adani group firm's focus on positioning itself into end-to-end logistic player and its FY25 guidance was healthy, increasing growth visibility. A couple of brokerages have increased their price targets on Adani Ports post quarterly earnings.APSEZ expects volumes of 460–480 mmt in FY25 with Mundra volumes to surpass 200 mmt. It expects consolidated revenues to be in the range of Rs 29,000–31,000 crore with net debt to Ebitda seen in the 2.2–2.5 times range. Adani Ports expects capex to be in the range of Rs 10,500–11,500 crore. The newly acquired ports and also the Colombo terminal shall start operations during the year, which shall aid volume growth, Nuvama said. [Read more]( If you would prefer not receiving our emails, please [Click Here](