Adani Ports & Special Economic Zone Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ADANIPORTS, BSE:532921 Adani Ports & Special Economic Zone Ltd.

Adani Ports & Special Economic Zone Ltd.

01 Nov 2013

1397.90

1.06%

EARNINGS UPDATE - ADANI PORTS

Buy: Adani Ports & Special Econ...

Chola Wealth Direct

Background: Adani Ports & SEZ began commercial operations in October 2001, post entering into concession agreement with GMB to build, operate and maintain the port for a period of 30 years till 2031 extendable by another 20 years. The port is into providing cargo handling services for bulk, crude and container cargo. The company has also received approval to develop the adjacent port land as a multiproduct SEZ. Notification has been issued to ~16,000 acres of land while the company is in talks to acquire more land to add to its SEZ portfolio. Since inception, APSEZ has posted 35% CAGR and handled ~64 MT cargo in FY12, higher than most other major Indian...