Ajay Bodke positive on Adani Ports

Ajay Bodke, Head - Investment Strategy & Advisory at Prabhudas Lilladher told CNBC-TV18, "We are positive on Adani Ports and Special Economic Zone. We feel that the economy is expected to do well as we go forward."

"One of the stocks from the old economy sector in addition to Larsen and Toubro (L&T) in capital goods segment, KSB Pumps and Crompton Greaves in the midcap capital goods segment, Adani Port is one stock one can look at with a medium-term perspective," he said.

At 10:57 hrs Adani Ports and Special Economic Zone was quoting at Rs 158.60, up Rs 2.25, or 1.44 percent.

The share touched its 52-week high Rs 175 and 52-week low Rs 124.70 on 20 May, 2013 and 04 September, 2013, respectively.