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Adani Ports keeps analysts bullish as Q3 earnings beat estimates: Should you buy the stock?

Adani Ports strong Q3 earnings beat Street estimates, prompting several brokerage firms to put buy call on the stock with raised target price.

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Adani Ports surges 5% to 52-week high on robust Q3 results

Analysts remain bullish on the stock, given the high cargo volumes and the healthy growth trajectory of the logistics business

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Adani Ports Q3 net profit soars 64% on-year; revenue at Rs 7,426 crore

Third quarter results: Adani Ports has released its Q3 earnings, revealing significant profit and revenue growth in the quarter ended December 2023.

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Adani Ports Q3 Results: Net profit jumps 68% YoY to Rs 2,208 crore

Adani Ports Q3 Results: Revenue from operations in the third quarter rose 44% year-on-year (YoY) to Rs 6,920 crore. Adani Ports reported an EBITDA of Rs 4,293 crore for the December quarter, which is an increase of 59% YoY. EBITDA margins in the reporting period were at 62%.

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Adani Ports Q3 preview: Profit, revenue may rise on strong volumes

Adani Ports Q3 results preview: Margins to remain under pressure. The Red Sea attacks won’t drag overall volumes

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