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VERIFIEDET Stocks·neutral

Adani Ports shares shed 3% after Q1 results. Here's why Nomura and other brokerages see up to 24% upside

AI Summary
  • ·Adani Ports shares declined 3% following the announcement of Q1 FY27 results.
  • ·The company reported a 9% year-on-year increase in net profit to Rs 3,620 crore.
  • ·Revenue saw an 18.5% rise to Rs 10,821 crore, with EBITDA growing 19% to Rs 6,540 crore.
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