Adani Ports gets a "buy" rating from Kotak Institutional, sees 21% potential upside

Kotak Institutional Equities has issued a "buy" rating for Adani Ports and Special Economic Zone (APSEZ), projecting a potential 21% upside for the company’s stock. This optimistic outlook is driven by APSEZ's solid performance and strategic positioning within the industry. Investors are advised to consider the company's strong fundamentals and growth trajectory, which are bolstered by robust cargo handling capabilities across its ports. Year-to-date through May 2025, APSEZ reported handling 79.3 million metric tonnes (MMT) of cargo, marking a 10% increase compared to the same period last year. This growth highlights the company’s expanding operational capacity and its ability to capture a larger market share in the logistics sector. The increase not only reflects the company's efficiency but also indicates a strengthening demand for port services in the region. APSEZ’s continued investment in infrastructure and technology is pivotal to its growth strategy, enabling it to maintain a competitive edge. The "buy" rating from Kotak Institutional Equities underscores the potential for further expansion and profitability. As the company continues to enhance its service offerings, stakeholders remain optimistic about its future performance, making it a compelling consideration for investors looking to capitalize on the logistics sector's upward trend.

— Authored by Next24 Live