Adani Ports is expected to register a 31% growth in revenues to Rs 5,028 crore with an 80% profit rise to Rs 1,842 crore in their quarter four report. However, continuing export curbs may impact underlying comparable volume growth in the company. Meanwhile, Apollo Hospitals is set to see its net profit more than double YoY to Rs 241 crore, with sales expected to grow 25%. The growth is expected to come from store additions and higher sales from already established stores.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing