This Adani Group’s stock has fallen in a year, Brokerage said- Now the time to buy, up to Rs 1400 can go

After a brilliant performance in the recent quarter, Adani Port is ready to make a long jump once again. Brokerage firm Motilal Oswal Financial Services has given a target of ₹ 1,400 in the long term recommending ‘bye’ on this. Looking at the current price ₹ 1,082, it is likely to increase by about 29%.

Now let’s talk about its great performance. Adani Ports recorded a revenue of ₹ 7,960 crore in the third quarter (3QFY25), which is 15% more annually. The company’s cargo volume also rose 4% to 113 million metric tons (MMT). Container cargo played an important role in this.

The most funny thing is that the company’s Ebitda margin was 60.3%, which is much better than expected. The company acquired an Ebitda of ₹ 4,800 crore and its net profit rose 14% to ₹ 2,670 crore.

Talking about the port operation, its performance was excellent. The income income from the port rose 8% to ₹ 5,990 crore and the Ebitda margin reached 73%. The logistics segment was also strong, which increased by 31% and earned ₹ 690 crore. However, the margin of this segment declined from 28% to 23%.

The company recorded a total revenue of ₹ 22,000 crore in 9 months, which is 11% more annually. EBITDA was ₹ 13,400 crore and net profit was ₹ 7,800 crore.

The most interesting thing is that the company has increased its FY25 Ebitda guidance to ₹ 18,800-18,900 crore. Earlier it was ₹ 17,000–18,000 crore. Along with this, FY25 also estimated 460-480 million metric tonnes of cargo volume.

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Talking about the performance of this stock on BSE, today it rose 0.61% to close at 1083.40. However, in the last one year, a share has given negative returns and has fallen 11 percent in a year.

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