New Delhi, March 14 -- Adani Ports & Special Economic Zone share price: Macquarie Equity Research has given a target price of Rs.1500 for the stock that is trading at close to Rs.1117 Levels. This indicates an upside of 34%.
As per analysts Adani Ports & Special Economic Zone (ADSEZ) is in a sweet spot to benefit from India's long-term economic potential.
A diversified port and cargo mix support resilience of Adani Ports & Special Economic Zone as per Macquarie; the increasingly integrated nature of logistics offerings should aid further customer lock-in. Also visibility of healthy recurring operating cash flows remains high, supported by mix and customer partnerships. Macquarie has Initiated Coverage with an Outperform, rating
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