Will the Adani Port share increase?

Adani Ports stock has been on the rise along with stocks from the Adani Stable in the last 2–3 years.

In the case of the Adani ports, the company has been doing business on one of the busiest privately managed ports

The stock price has risen by more than 15% in the last 1-year

Despite this, there are some red flags that need to be watched

  • EPS has declined as compared to last year as the P/E ratio has crossed 30
  • Promoter pledge has increased over the years in order fuel rapid expansion

With this in view, as a retail investor, it would be better to wait n watch before investing your hard earned money

Hope this helps

You can follow my blog or Facebook page on investing for getting insight into other stocks.

Happy Investing!!

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