New Delhi: Brokerage firm Motilal Oswal Securities Limited has backed shares of Adani Ports and Special Economic Zone Limited to rise. The financial advisory firm advocated for Adani Ports as the company has expanded its domestic and global business with new ports, terminals and has strengthened its logistics infrastructure. Along with this, work has also been done to increase the revenue. The Adani Group company’s capital expenditure is expected to reach Rs 120 billion in FY 2026. The firm expects the Adani Ports to record an 11 percent growth in cargo volume in FY 2025-27 and increase in its revenue.
Giving a ‘BUY’ rating on Adani Ports, Motilal Oswal predicts company’s EBITDA/PAT and CAGR to grow by 15 to 21 percent in FY25-27. The brokerage firm has set a share price target of Rs 1,550 in the range of 12 months, which indicates a possibility of a return of more than 27 percent.
The shares of Adani Ports surged more than 4 percent on May 2 Friday after the Adani Group firm reported a 50 per cent jump in profit in the last quarter of 2024-25. The stock gained 4.11 percent to close at Rs 1,267.05 on the BSE. At the NSE, it ended with 4.37 percent gains at Rs 1,269.70. Intra-day, the stock rallied 6.45 per cent to Rs 1,295.
The surge in share price, resulted in the Adani Ports stock emerging as the biggest gainer among the Sensex and Nifty firms. The market valuation of the firm increased Rs 10,811.51 crore to Rs 2,73,700.41 crore.
The Adani Ports board has recommended a dividend Rs 7/- (@ 350%) per equity share of Rs 2/- each fully paid-up for the financial year 2024-25, subject to the approval of shareholders at the ensuing AGM. The board has approved the proposal to convene 26th Annual General
Meeting of the company on June 24, 2025.
Adani Ports Q4 Results 2024-25
Adani Ports and Special Economic Zone on May 1, 2025 declared its January-March quarter (Q4) Results of 2024-25. The company reported a 50 per cent rise in its consolidated net profit to Rs 3,023.10 crore as against Rs 2,014.77 crore in the Q4 of 2023-24.
Total income jumped to Rs 8,769.63 crore as compared to Rs 7,199.94 crore in the year-ago quarter.
The net profit in 2024-25 was recorded at Rs 11,061.26 crore, while it was Rs 8,103.99 crore in FY24.
Motilal Oswal has recommended buying Adani Ports shares. The brokerage has predicted teh Adani Group stock to rise and provided a share price target of Rs 1,550. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
