Adani Ports can rally 23% on strong September results, says Nomura
Stating strong September quarter results, global brokerage Nomura maintained its buy rating on with a target price of Rs 1,025, implying an upside potential of 23% from the current market price of Rs 832. Adani Ports delivered strong topline sales growth at 33% year-on-year (YoY) at Rs 5,210 crore, which was 8%/13% higher than Nomura/consensus … Read more
