The Economic Times
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| 09 August, 2021, 09:59 AM IST | E-Paper
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    Adani Ports & SEZ to see big jump in market share: Why it is stock pick of the week

    Major jump in market share expected due to acquisition of new ports.

    Synopsis

    Adani Ports plans to grow faster and analysts believe that its cargo market share will increase further to 42% by 2024-25 from 28.6% now. This market share increase will come both through organic and inorganic routes.

    Operations of Adani Ports and SEZ, India’s largest private port and special economic zone, are moving from strength to strength. This was demonstrated once again during the first quarter of 2021-22. For instance, its first quarter cargo volume grew by 83% y-o-y compared to 33% aggregate growth by all Indian ports and helped it to corner further market share. While its cargo market share increased by 310 basis points to 28.6%, its container
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