Adani Ports – Leader in ports

I don’t really think the stock trades on fundamentals anymore.
As I see it, for a while, stock performance will be driven by the actions of the Adanis and news flow.

Is there an argument for the stock to perpetually trade at a discount? Probably.

I didn’t think it was expensive even at 800-900.

For what’s a collection of ports in the fastest growing economy that’s increasingly becoming outward facing with an aggressive promotor engaging in a lot of smart M&A and adding adjacencies (logistics/warehousing)