Founded in 1988 by Gautam Adani, Anani group is among the leader groups in India. Adani group was started as a trading company of import and export of different commodities. But now, group operates in Power sector, sea ports, transmission business and so on. Group also have Excellent number of Assets which is a basic component of every good and healthy company or Group.
Adani Ports and Special Economic Zone Limited (APSEZ) is India’s largest private multi-port operator. APSEZ is a part of Adani Group, an integrated infrastructure corporation. Company has Number of Ports and Terminals in India like Mundra Port, Adani Hazira Port, Adani Petronet Port, Adani Murmugao Port, Adani Vizag Coal Terminal, Adani Kandla Bulk Terminal, Adani Dhamra Port, Adani Ennore Port and so on. The performance of company in terms of Profit and margin is also good. Future of Sea Ports is also looks attractive. So, I would recommend to buy the stock of Adani ports with average pricing around Rs.260/270. Investors can hold the stock for targets of Rs.340/350 for long term
Adani Enterprises works in different fields like Gas Distribution, Coal mining, Solar Energy related works, Agriculture related activities. Portfolio of the company is also good but company is under pressure in matter of balance sheet. Profit and Margin are both declining quarter by quarter. Revenue is also decreasing and stands around Rs.7600 cr as compared to Rs.9000 cr revenue one year ago. So, I would recommend to Ignore the companies stock for making any new position until company shows any improvement in Balance sheet and quarterly results.
Adani Power is the largest private thermal power producer in India with an installed capacity of 10,480 MW. Company operates in states of Gujarat, Rajasthan, Maharashtra and Karnatakal. Portfolio of company in Thermal power sector is good. Last year, Company was posted a loss of Rs.411 cr in Q2 2015-2016. But now, the loss has reduce to Rs.114 cr. Balance sheet of company is not much good but the future of Power sector is bright and I am expecting that company would come in profit in near term. So I would recommend that Investor can buy the stock with target of something Rs32/33.
Have any question related to this post? Feel free to ask through comment box given below.