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Antique Stock Broking has initiated coverage on Adani Ports & SEZ with a Buy rating and a Rs 1,773 target, citing its growing scale, integrated logistics model and strong financials. With rising cargo volumes, expanding infrastructure and improving leverage, the brokerage expects robust revenue, EBITDA and profit growth driven by long-term structural tailwinds.
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News and Media
Indian equities have shown resilience despite global volatility, with market veteran Sudip Bandyopadhyay highlighting distinct domestic dynamics. He believes an India-US trade deal will be a major catalyst for foreign investment, while gold and silver are expected to provide decent returns. Bandyopadhyay remains optimistic about India's economic growth, driven by favorable macro factors and strong corporate earnings.
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ICICI Prudential Large Cap Fund has delivered impressive returns. A Rs 10 lakh lumpsum investment made at inception in May 2008 has grown to Rs 1.15 crore. The fund has achieved a CAGR of 15% since its launch. Over the last five years, it provided a CAGR of 19.97%.
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News and Media
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