13 Oct 2025 | 3 Mins Read
Investec gives Adani Group stock a 'buy' rating with 22% upside potential
Flipitmoney
Investec initiated coverage on Adani Ports with a 'Buy' rating and a price target of ₹1,715, implying a 22% potential upside. The brokerage cites Adani Ports' integrated network and recent acquisition-led growth, projecting a 15% revenue CAGR over FY25-30E. The stock is considered attractively valued at 12 times EV/EBITDA for FY28.