Independent Analyst Kunal Bothra has a buy call on Adani Ports Special Economic Zone with a target price of Rs 388.
The current market price of Adani Ports Special Economic Zone is Rs 375.1.
Time period given by analyst is Intra Day when Adani Ports Special Economic Zone price can reach defined target.
Kunal Bothra recommended to keep stoploss at Rs 369.
Adani Ports Special Economic Zone, incorporated in the year 1998, is a large cap company (having a market cap of Rs 77681.40 crore) operating in Miscellaneous sector.
Adani Ports Special Economic Zone key Products/Revenue Segments include Income from Port Services which contributed Rs 3514.14 crore to Sales Value (53.78 per cent of Total Sales), Containers which contributed Rs 2259.15 crore to Sales Value (34.57 per cent of Total Sales), Infrastructure Leasing Income which contributed Rs 596.35 crore to Sales Value (9.12 per cent of Total Sales) and Other Operating Revenue which contributed Rs 164.18 crore to Sales Value (2.51 per cent of Total Sales)for the year ending 31-Mar-2018.
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 2608.01 crore, up 8.17 per cent from last quarter Sales of Rs 2411.03 crore and down -3.63 per cent from last year same quarter Sales of Rs 2706.11 crore Company has reported net profit after tax of Rs 614.23 crore in latest quarter.
The companys top management includes Dr.Malay Mahadevia, Mr.Gautam S Adani, Mr.Gopal Krishna Pillai, Mr.Karan Adani, Mr.Rajesh S Adani, Mr.Sanjay Lalbhai, Ms.Radhika Haribhakti, Prof.Ganesan Raghuram.