Adani Ports shares shed 3% after Q1 results. Here's why Nomura and other brokerages see up to 24% upside
Shares of Adani Group firm Adani Ports and Special Economic Zone (APSEZ) declined 3% to Rs 1,675.55 on the BSE on Thursday after the company reported a net profit of Rs 3,620 crore for the first quarter of FY27, up 9% from Rs 3,315 crore in the same period last year.The company's revenue from operations rose 18.5% year-on-year (YoY) to Rs 10,821 crore from Rs 9,126 crore in the corresponding quarter of the previous financial year, Adani Ports said in a regulatory filing.For the quarter under re…


