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This Article is From Sep 06, 2021

Adani Ports - Integrated Play To Transform Indian Logistics Sector: ICICI Direct

Adani Ports - Integrated Play To Transform Indian Logistics Sector: ICICI Direct
Adani Ports & SEZ Ltd.'s Dhamra port (Source: Company website)
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Adani Ports and Special Economic Zone Ltd.
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BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

Adani Ports and Special Economic Zone Ltd. is the largest commercial port operator with 25% share of India's port cargo movement.

The company has evolved from a single port dealing in a single commodity to an integrated logistics platform.

Acquisition of new ports such as Krishnapatnam, Gangavaram and Dighi to help Adani Ports create more inroads into hinterlands.

The management expects to reach 500 million tonne volumes and 40% of India's trade market share, well ahead of prescribed timeline (FY25).

Aggressive investments into logistics space by the company (to grow rakes, multi-modal logistics parks, rail tracks by three times to 200 plus rakes, 15 multi-modal logistics parks, 2000 km tracks by FY25, respectively, and warehousing by 75 times to 30 million square feet), to help create integrated logistic solution for customers.

Click on the attachment to read the full report:

ICICI Direct Adani Ports.pdf
VIEW DOCUMENT

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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