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Adani Ports Can Rally 26% Says Motilal Oswal, Maintaining 'Buy' — Here's Why

Motilal Oswal believes Adani Ports is well placed to continue outpacing industry growth and gaining market share, hence maintains 'Buy' rating.

<div class="paragraphs"><p>Port volumes grow over 2x of volumes at major ports; management targets doubling volumes by 2029.</p><p>(Photo source: Adani Ports and Special Economic Zone website)</p></div>
Port volumes grow over 2x of volumes at major ports; management targets doubling volumes by 2029.

(Photo source: Adani Ports and Special Economic Zone website)

Motilal Oswal believes Adani Ports is well placed to continue outpacing industry growth and gaining market share. Further, the logistics business will serve as a value addition to the domestic port business, with a focus on enhancing last-mile connectivity.
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