Adani Ports Gains 0.87% to ₹1,370.55 in Early Trade, Continues Bullish Streak
Adani Ports share price rose 0.87% to ₹1,370.55 on April 28, sustaining momentum amid trade and infra expansion optimism.
Key Highlights:
Adani Ports Share Price Jumps to ₹1,370.55, Up 0.87% in Early Trade
Adani Ports share price surged ₹11.85 or 0.87% on April 28, hitting ₹1,370.55 in early market hours. The stock continues its upward trajectory driven by bullish sentiment in infrastructure and logistics-linked counters.
Market Snapshot
- Previous Close: ₹1,358.70
- Opening Price: ₹1,360.00
- Day’s High/Low: ₹1,375.20 / ₹1,358.50
- Market Cap: ₹2.96 lakh crore
- P/E Ratio: 34.25
- Dividend Yield: 0.45%
With port operations expanding and logistics revenue seeing double-digit growth, the stock remains a top choice among infra-focused portfolios.
What’s Fueling the Rise?
- Expansion in cargo volumes and port handling capacity
- Global tie-ups and container logistics deals
- Speculative build-up ahead of quarterly results
Adani Ports has maintained positive delivery over recent quarters, making it one of the most stable performers within the Adani Group.
Analysts Maintain Bullish Tone
- Motilal Oswal recommends “Buy” with a revised target of ₹1,420
- ICICI Direct highlights revenue diversification and robust cash flows
- Kotak Securities sees earnings CAGR potential of 14% through FY27
What This Means for You
Investors can consider current levels as a growth-oriented bet in India’s logistics and maritime infrastructure expansion. Traders may look for momentum continuation if the stock sustains above ₹1,375.
What Lies Ahead
Adani Ports is scheduled to release Q4 FY25 results soon, with market expectations centered on EBITDA margin growth, cargo throughput, and project commissioning updates. Global trade trends will also influence near-term price direction in the ₹1,350–₹1,400 band.
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