Adani ports

[grapes]

Hi rmani,

I think ADANI PORTS above 127 may seek 142 level....Whats your view?

[grapes]

Adani ports 128.60 touched

[grapes]

Came down after touching 130

[rmani84]

Hi rmani,

I think ADANI PORTS above 127 may seek 142 level....Whats your view?

Adani Ports debt levels are little on the higher side due to which volatility and downside is also high ... Growth has been good in the last 5 years. But growth looks to have saturated this year and hence the fall in prices.

btw, I think markets could correct to 5200 or below in coming weeks !

[grapes]

Thanks Mani for alerting me