Adani Ports May See 32% Rally as Q2 Profit Climbs 29% to ₹3,120 Crore: Nuvama
Mumbai: Adani Ports and Special Economic Zone Ltd (APSEZ) could witness a 32% upside in its stock price, according to brokerage Nuvama Institutional Equities, following a 29% year-on-year jump in net profit to ₹3,120 crore for the second quarter of FY26.
The brokerage highlighted strong cargo volume growth, improved margins, and efficient cost management as key drivers behind its bullish outlook.
💼 Strong Financial Performance
APSEZ reported a solid Q2 performance, with revenue rising 22% year-on-year, supported by higher port throughput and strong logistics expansion.
Nuvama noted that Adani Ports continues to outperform peers, maintaining steady growth across both domestic and international operations.
“Adani Ports remains our top pick in the logistics and infrastructure space, driven by structural growth, operating leverage, and steady margin expansion,” Nuvama’s report stated.
🚢 Operational Efficiency and Expansion
The company’s ongoing efforts to expand port capacity and diversify cargo handling are expected to boost profitability further. Analysts also cited strategic acquisitions and new route integrations as long-term value creators.
💹 Stock Outlook
Nuvama has set a target price implying a 32% upside from current market levels, projecting continued growth momentum through FY26.
The brokerage anticipates a robust earnings trajectory as India’s trade and logistics sector continues to strengthen.
