UK-based Investec initiated coverage on Adani Ports with a buy rating and a target price of Rs 1,715, implying 23.5% upside from the previous close. The brokerage highlighted strong organic growth potential, efficient operations, a robust balance sheet, and deleveraging, projecting 15% revenue CAGR over FY25–30. Adani Ports’ integrated logistics and marine services further enhance long-term growth prospects.
Insurance mis-selling is arising because upfront commissions are too high: Ajay Seth, Chairman, IRDAI
The benefit of cost efficiency should be passed on to customers. This entire exercise is intended to ensure that the public and policyholders benefit. For