Do you want to know about Adani Ports and Special Economic Zone Ltd’s share price target for 2022, 2023, 2024, 2025, and 2030 with an analysis of fundamental aspects? You are reading the best article about it.
Adani Ports is one of the leading and high return stocks of the Adani group. Its fundamental says many good things about it. I know you want to invest in it but you don’t know about its fundamentals and its future targets.
After reading this article your all questions will solve easily and it will help to make your decision. Let’s start the article without wasting more time.
Adani Ports and Special Economic Zone Ltd is one of the best company in the Adani group which has ₹1,82,192.19 Cr. of Market Cap during the writing of an article. The CEO of Adani ports is Mr. Karan Adani. It has 498 MMTPA Capacity, 13 Ports and Terminals, 15000 HA of industrial land, 4 lack sq feet of warehousing, and 3 logistics parks.
Adani Ports Ltd Quarterly Report Analysis
In the first quarter of 2021 (Q1FY21), the company sales of Rs.1,093.50 crore, in which it earned a profit of Rs.138.41 crore after paying taxes. Similarly, in the second quarter of 2021 (Q2FY21), the company made a sale of Rs.1,090.02 crores, in which the company earned a profit of Rs.328.74 crores after paying tax.
After this, in the third quarter of 2021 (Q3FY21), the company did sales of Rs.1,078.51 crores, in which the company made a profit of Rs.483.37 crores. After that, if seen, in the fourth quarter (Q4FY21) of 2021, the company sold Rs.1,057.78 crores, in which the company made a loss of Rs.602.49 crores.
After that, in the first quarter of 2022 (Q1FY22), the company performed better than before, selling Rs.1,254.51 crores, in which the company got a loss of Rs.384.50 crores after paying tax.
Adani Ports Ltd Annual Report Analysis
Friends, if we talk about the company’s annual report, the company sold Rs.4,878.86 crores in 2017 (FY17), in which the company made a profit of Rs.3,100.61 crores. In the next year March 2018 (FY18), the company did a business of Rs.6,533.82 crores, in which the company earned a profit of Rs.2,408.10 crores.
In the next year 2019 (FY19), the company did a business of Rs.5,336.38 crores, in which the company earned a profit of Rs.2,637.72 crores. After this, in the year 2020 (FY20), the company earned a profit of Rs.4,643.28 crores, doing a business of Rs.4,643.28 crores.
In FY21 (The year 2021), the company performed somewhat consistently, doing a business of Rs.4,377.15 crores and a profit of Rs.1,927.93 crores to the company. In FY22 it made Rs.4,206.22 Cr. of sales and Rs.297.56 Cr. of profit in it. This was the Adani Port Annual Result Analysis given in perfect detail to all of you.
Friends, we have figured out possible target levels. These have been calculated using Fibonacci Retracement and we have calculated for you 10 targets that would be achieved year after year. This will aid you to make better trading decisions. So, here is the Target of Adani Ports for 2022, 2023, 2024, 2025, and 2030.
|Year||Target Of Adani Ports|
Friends, the market is fast and changes quickly. Volumes are getting higher and people are getting more aware. After clearing this year stock investment growth is due to increase massively. Hence, the market will go up and up. So, for 2022 the target is Rs.1,050, and The second target for the same year is Rs.1,200, It has increased in the season 2022 as the provisional capital of in new fund which helps them.
The growth will be amazing since more logistics parks are coming up along high valued locations in India. This will allow for faster traveling of containers and goods. Increasing values to about the first target of the year 2022 will be Rs.1,400, and the second target for the same year 2023 will be Rs.1,640.
Using Fibonacci Retracement even if a few times corrections do happen in the Adani Ports stock it should go onto the levels of Rs.1,930, as the first target of 2024 and the second target for the same year 2024 will be Rs.2,150, This prediction can be attributed to the fact that the company management is still in the hands of the Adani Family. This is reflected in the Quarterly Analysis for Adani Ports.
If you do hold the Adani Ports stock till 2025 the predicted levels are Rs.2,410 as the first target of 2025, Long-term holding is recommended since it reduces risk, and tax deductions and the second price target for the same year 2025 will be Rs.2,840, also a hefty dividend (if you choose that option that is). Even without dividends, the returns are simply solid in all aspects.
Adani Ports would likely reach the levels of at least Rs.4,800 as the first target of 2030, and the second price target for the same year 2030 is Rs.6,500, this can be compounded by the fact that the company is 1st in the Shipping sector in India in terms of size and penetration and as a long-term investor this would mean a very profitable return on the investment.
So, in this post, we have seen what product Adani Ports serves. The technical aspects cover the charts of its stock. We checked the quarterly and annual results. We talked in specific detail about everything you need to know in order to make the most informed decision before investing.
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I am a share market expert for the last five years. I have expertise in technical analysis, and fundamental analysis of stocks, and assets. On this website, I write content like analysis of shares, predict future targets of shares based on analysis, simplify technical analyses, and intraday trading.