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Adani Ports Share Price Target 2026: Brokerage firm Motilal Oswal has maintained a BUY call for India's largest private port operator, Adani Ports and Special Economic Zone Limited (APSEZ), noting that the recent Middle East disruption has caused a temporary setback to the company.
Despite these concerns, the brokerage sees an upside of nearly 40 per cent for the stock, citing the company’s long-term growth potential.
The share price for APSEZ settled nearly 2 per cent lower at Rs 1,313.40 on March 30 on the Bombay Stock Exchange (BSE). (Adani Ports Share Price)
Brokerage on APSEZ
Motilal Oswal Financial Services (MOSL) has reiterated its ‘BUY’ rating on APSEZ, setting a target price of Rs 1,820, highlighting growth potential despite near-term global disruptions.
The brokerage noted that recent disruptions at the Strait of Hormuz have impacted global shipping, resulting in slower cargo movement and rerouting of vessels. However, the impact on APSEZ is expected to remain limited and manageable.
MOSL pointed out that the company’s exposure to affected trade routes is relatively low, with liquid cargo contributing less than 10 per cent of total volumes, thereby insulating overall operations from significant downside risks.
Looking ahead, MOSL remains optimistic about APSEZ’s volume growth, supported by the incremental contribution from the NQXT port. The company’s diversified cargo mix further strengthens its ability to navigate global uncertainties.
The brokerage expects APSEZ to deliver a compound annual growth of approximately 11 per cent in cargo volumes over FY25–FY28.
Impact of the Strait of Hormuz crisis
The Strait of Hormuz crisis, triggered by US-Israeli strikes on Iran in late February, led to a significant drop in traffic through this key chokepoint, effectively closing Gulf ports in the UAE, Qatar, and Saudi Arabia. This development also triggered a spike in oil prices, raising inflation concerns worldwide.
Adani Ports Share Performance
Adani Ports has shown mixed performance across different time horizons. In the short term, the stock delivered a modest positive return of 0.74 per cent over one week, but fell 4.30 per cent over two weeks and 13.64 per cent over one month, reflecting recent volatility.
However, longer‑term performance remains strong. Over one year, the stock gained 11.11 per cent, while the three‑year return stands at an impressive 106.35 per cent. Five‑year and ten‑year gains of 85.04 per cent and 434.23 per cent.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
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