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1 Comment
Adani Ports and Special Economic Zone Limited is currently in a long term uptrend where the price is trading 20.9% above its 200 day moving average.
From a valuation standpoint, the stock is 53.6% more expensive than other stocks from the Industrials sector with a price to sales ratio of 12.8.
Adani Ports and Special Economic Zone Limited's total revenue rose by 12.3% to $37B since the same quarter in the previous year.
Its net income has increased by 15.5% to $16B since the same quarter in the previous year.
Finally, its free cash flow fell by 4.7% to $34B since the same quarter in the previous year.
Based on the above factors, Adani Ports and Special Economic Zone Limited gets an overall score of 3/5.
Exchange | NSE |
---|---|
CurrencyCode | INR |
Sector | Industrials |
Industry | Marine Shipping |
ISIN | INE742F01042 |
Dividend Yield | 0.5% |
---|---|
Beta | 0.4 |
Target Price | 1524.0625 |
Market Cap | 3T |
PE Ratio | 26.45 |
Adani Ports and Special Economic Zone Limited, together with its subsidiaries, operates and maintains port infrastructure facilities in India. The company operates ports and terminals, including bulk and break bulk, container, liquid, LPG, LNG, and crude cargos. It also engages in the ports related infrastructure development activities; and development of infrastructure at contiguous Special Economic Zone at Mundra. In addition, it offers logistic services, which includes logistic parks, container rail and bulk cargo logistic solutions, and warehousing, as well as auto, road, and agriculture logistic services. Further, the company operates a fleet of dredging and reclamation service equipment comprising cutter suction, trailing suction hopper, grab, inland cutter suction, water injection, and specialized dredgers, as well as split hopper and jack up barges, and floating cranes. Additionally, it offers non-scheduled passenger airline; hospital and related services; and marine services, such as pilotage, laying, and maintenance of buoys. The company also engages in development, construction, operation, and maintenance of railway corridors; and land development activities. The company was incorporated in 1998 and is headquartered in Ahmedabad, India.
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