Adani Ports Q1 results beat Street estimates. Should you buy stock?

Adani Ports Q1 results beat Street estimates. Should you buy stock?

Adani Ports and Special Economic Zone shares have a potential upside of 11-22%, according to estimates of top brokerages. The views come on the back of strong June quarter earnings posted by the Gujarat-based port operator. Estimating that double-digit growth would continue, Jefferies revised its stock price target upwards while recommending a buy. Domestic brokerages … Read more