Adani Port share price

2023 - 1 - 27

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Image courtesy of "Economic Times"

Silver lining in mayhem! Kotak Equities upgrades Adani Ports to 'buy' (Economic Times)

Adani Ports is also a keen contender for acquiring the governments stake in Container Corp, given its growth ambitions in logistics, adjacent ports ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). The stock nosedived 25% to hit a nearly 2-year low of Rs 537 on the NSE. (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) After the Supreme Court cleared the deck for the company to bid for major port projects, Adani Ports has added a few assets in Haldia and Tajpur and has also added Karaikal Port. After the recent fall in stock prices, Adani Ports is trading at 10 times the enterprise value-to-operating profit (EV/EBITDA) estimate for FY25, compared to 10-16 times.

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