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Ideas For Profit | Adani Ports & SEZ: how Concor acquisition can lead to stock re-rating

Despite hiccups in global trade, and other factors such as higher commodity prices, supply constraints, coal crisis and spike in crude oil prices, Adani Ports reported a good set of numbers for Q2FY22. A slew of factors such as integration of recently acquired assets, market share gains, higher coal volumes, spurt in cargo business and an economic recovery-led jump in core business should support its strong guidance for the current fiscal. Here’s why MC Pro believes the stock could be a potential re-rating candidate.

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