Buy Adani Ports & SEZ, target price Rs 1,780: Motilal Oswal Financial Services
Motilal Oswal Financial Services recommends buying Adani Ports & SEZ, targeting a price of Rs 1,780. Adani Ports is a large cap company with strong cash flows and a market share increase. It is expected to drive a CAGR of 15% in revenue and EBITDA over FY24-27, maintaining a net debt-to-EBITDA ratio of 2x.
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