Adani Ports’ target price was raised by Motilal Oswal seeking Q4 earnings; should you invest?
In the fourth quarter of FY24, Adani Ports & SEZ (APSEZ) announced revenue growth of 19% YoY, or ₹68.9 billion. APSEZ saw a 26% YoY increase in cargo volumes during the quarter, reaching 108.8 MMT.