I am an investor in Adani Port fot a Year now.
So just putting down my thoughts on the same.
My investing approach is to invest in monopoly, duoploy business . Valuations are generally not my cup of tea so i let them run ahead / behind the fair value and keep pyramiding up when stock moves 30-50% from my average price. Page, IEX, CDSL, Adani Port are part of the same theme and stocks may be right, prices in short term may not but in long term i believe earning growth = stock price growth.
If India to grow at 7-8%, inflation at 4-6%, Adani port has to grow at 15-18% . My hope is more of 18% over next 10+ years, hence invested.
In 10 years all major Indian ports on east and west coast will be bought/ developed by Adani. So any and every import , export , china+1, PIL, manufacturing boom will help Adani.
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