Citi sees 34% upside in Adani Ports, driven by strong Q1 expectations
Adani Ports is set to have a strong first quarter on the back of healthy port cargo volume growth and rising logistics business. During the June quarter, Adani Ports recorded a total cargo volume of 101.4 million metric tons, an increase of 11.5% YoY, with strong growth observed across most ports and all three cargo segments.
