Adani Ports & Special Economic Zone Ltd. share price target

Total cargo handled by the company grew to 39.6mn tonnes (+17% yoy) driven by stronggrowthatHaziraandcommencementofoperationsatVizagandKandla. Mundra port reported muted +4% growth in cargo volumes, to 29.9mn tonnes....

Mundra port reported muted +1% growth in cargo volumes, to 26.7mn tonnes. ContainercargovolumesatMundradeclinedby1%YoYto0.7mnTEUs;Coalvolumes grew by 6% YoY to 9.63mn tonnes. Crude volumes, impacted by the maintenance...

Background: Adani Ports & SEZ (APSEZ) 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 31% CAGR in last 3 years and handled ~144 MT cargo in FY15,...

Background: Adani Ports & SEZ (APSEZ) 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...

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...

Background : Adani Ports & SEZ began commercial operations in October 2001, post entering into concession agreement w ith GMB to build, operate and maint ain 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 c ompany has also received approval to develop the adjacent port land as a multiproduct SEZ. Notification has been issued to ~16,000 acres of land w hile 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...

Background : Adani Ports & SEZ began commercial operations in October 2001, post entering into concession agreement w ith GMB to build, operate and maint ain 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 c ompany has also received approval to develop the adjacent port land as a multiproduct SEZ. Notification has been issued to ~16,000 acres of land w hile 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...

& SEZ began commercial operations in October 2001, post entering into concession agreement with GMB to build, operate and maint ain 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 c ompany has also receiv ed 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...

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...

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...