Manas Jaiswal of manasjaiswal.com has a buy call on Adani Ports & Special Economic Zone Ltd. with a target price of Rs 365.0 . The current market price of Adani Ports & Special Economic Zone Ltd. is Rs 345.3 Time period given by the analyst is Intra Day when Adani Ports & Special Economic Zone Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 334. Adani Ports & Special Economic Zone Ltd., incorporated in the year 1998, is a largecap company with a market cap of Rs 71509.96 crore.
Adani Ports & Special Economic Zone Ltd. key Products/Revenue Segments include Income from Port Services which contributed Rs 3514.14 Crore to Sales Value (53.78 % of Total Sales), Containers which contributed Rs 2259.15 Crore to Sales Value (34.57 % of Total Sales), Infrastructure Leasing Income which contributed Rs 596.35 Crore to Sales Value (9.12 % of Total Sales) and Other Operating Revenue which contributed Rs 164.18 Crore to Sales Value (2.51 % of Total Sales)for the year ending 31-Mar-2018.
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 2608.01 Crore, up 8.17 % from last quarter Sales of Rs 2411.03 Crore and down -3.63 % from last year same quarter Sales of Rs 2706.11 Crore Company has reported net profit after tax of Rs 614.23 Crore in latest quarter. The company’s top management includes Dr.Malay Mahadevia, Mr.Gautam S Adani, Mr.Gopal Krishna Pillai, Mr.Karan Adani, Mr.Rajesh S Adani, Mr.Sanjay Lalbhai, Ms.Radhika Haribhakti, Prof.Ganesan Raghuram. Company has Deloitte Haskins & Sells LLP as its auditoRs As on 30-09-2018, the company has a total of 2,070,951,761 shares outstanding.