Stocks to BUY: The stock market is currently at an all-time high. The market was open Saturday as well, with the Sensex closing at 73806 points and Nifty at 222378.
The momentum, trend, and technical structure of the market are pointing towards further growth. The March series has also started.
Amidst all this, market guru Anil Singhvi has chosen Adani Ports & Special Economic Zone Ltd (NSE: ADANIPORTS) Future for your earnings. Know what is the target and trigger for this. This week it closed at the level of Rs 1338.
Adani Ports Future Share Price Target
Adani Ports Future closed at the level of 1338 after Saturday’s trading this week. Anil Singhvi has given the first target of Rs 1355 and the second of Rs 1370.
If there is a big rally in the market then a level of up to Rs 1400 can be seen. In case of decline, a stop loss of Rs 1310 has to be set. This stock shows good movement in the election year. Investors should be on the lookout in such a scenario.
The Market Made A New Record High On Saturday
Let us tell you that on Saturday, the disaster recovery site was tested by NSE and BSE, which was successful. For this, trading took place in two separate sessions for two hours.
In intraday, Nifty made a new all-time high of 22419 while Sensex reached the highest level of 73995. The market will open at its scheduled time on Monday.
The trend, mood, and atmosphere of the market are completely bullish. There is a minor correction in between where there is heavy buying.
About Adani Ports & Special Economic Zone Ltd Company
Adani Ports and Special Economic Zone Limited along with its subsidiaries, manages and maintains port infrastructure facilities across India.
The company manages 13 terminals and ports, including break bulk and bulk containers, liquid LNG, LPG, and crude cargoes.
It also takes part in port-related infrastructure development and the construction of infrastructure in the proximity to the Special Economic Zone at Mundra.
It provides logistic services, including first-mile and last-mile solutions via logistics parks, container rails, bulk cargo logistic solutions, warehousing and roads, auto, and agriculture logistics services.
It also offers non-scheduled passenger airlines, hospitals, and other related services; and marine services including lay-up, pilotage, and maintaining buoys.
The company also takes part in the development, construction maintenance, operation, and maintenance of railway corridors, and land development.
Fundamental Analysis of Adani Ports & Special Economic Zone Ltd
| Market Cap | ₹ 2,89,091 Cr. |
| Current Price | ₹ 1,338 |
| 52-wk High | ₹ 1,349 |
| 52-wk Low | ₹ 571 |
| Stock P/E | 32.8 |
| Book Value | ₹ 225 |
| Dividend | 0.37 % |
| ROCE | 9.53 % |
| ROE | 14.4 % |
| Face Value | ₹ 2.00 |
| P/B Value | 5.94 |
| OPM | 57.9 % |
| EPS | ₹ 33.5 |
| Debt | ₹ 50,060 Cr. |
| Debt to Equity | 1.03 |
Adani Ports & Special Economic Zone Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹1500 | ₹1600 |
| 2025 | ₹1642 | ₹1689 |
| 2026 | ₹1700 | ₹1748 |
| 2027 | ₹1800 | ₹1845 |
| 2028 | ₹1900 | ₹1945 |
| 2029 | ₹1965 | ₹1980 |
| 2030 | ₹2000 | ₹2098 |
Adani Ports & Special Economic Zone Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 65.13% |
| Mar 2023 | 61.03% |
| June 2023 | 65.89% |
| Sept 2023 | 65.53% |
| Dec 2023 | 65.89% |
| FII Holding | |
| Dec 2022 | 13.77% |
| Mar 2023 | 17.99% |
| June 2023 | 16.99% |
| Sept 2023 | 13.83% |
| Dec 2023 | 14.72% |
| DII Holding | |
| Dec 2022 | 14.46% |
| Mar 2023 | 13.02% |
| June 2023 | 12.45% |
| Sept 2023 | 13.27% |
| Dec 2023 | 12.01% |
| Govt. Holding | |
| Dec 2022 | 0.03% |
| Mar 2023 | 0.00% |
| June 2023 | 0.00% |
| Sept 2023 | 0.00% |
| Dec 2023 | 0.00% |
| Public Holding | |
| Dec 2022 | 6.62% |
| Mar 2023 | 7.95% |
| June 2023 | 7.66% |
| Sept 2023 | 7.37% |
| Dec 2023 | 7.39% |
Adani Ports & Special Economic Zone Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 10,925 Cr |
| 2020 | ₹ 11,873 Cr |
| 2021 | ₹ 12,550 Cr |
| 2022 | ₹ 17,119 Cr |
| 2023 | ₹ 25,611 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 4,045 Cr |
| 2020 | ₹ 3,785 Cr |
| 2021 | ₹ 5,049 Cr |
| 2022 | ₹ 4,953 Cr |
| 2023 | ₹ 7,230 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 1.07 |
| 2020 | 1.09 |
| 2021 | 1.13 |
| 2022 | 1.19 |
| 2023 | 1.09 |
Last 10 Years’ Profit Growth:
| 10 Years: | 15% |
| 5 Years: | 11% |
| 3 Years: | 18% |
| Current Year: | 68% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 18% |
| 5 Years: | 16% |
| 3 Years: | 15% |
| Last Year: | 14% |
Sales Growth Over 10 Years:
| 10 Years: | 19% |
| 5 Years: | 13% |
| 3 Years: | 21% |
| Current Year: | 33% |
Conclusion
This article is a complete guide about Adani Ports & Special Economic Zone Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses.
Also, We have discussed the share’s prospects and growth potential in detail.
This information will help you in your further investment.
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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We provide timely updates about the stock market and financial products to help you make better investment choices. Do your research before any investment.
