Adani Ports Shares rise 52-Week High;raised target price

Adani Ports Shares rise 52-Week High;raised target price

Adani Ports and Special Economic Zone share price rose percent in the early trade on December 7 after brokerages raised the target price of the stock.

The share has touched a 52-week high of Rs 467.90 and rose 37 percent in the last 6 months.

Research house maintained a buy and raised target price to Rs 540 from Rs 425.

It raised EPS 12% over FY22-23CL to factor-in a rebound in volume