Is Adani Port worth Adding to your portfolio?

Have a look at the below updates about Adaniport for May month to arrive at a conclusion for investment. Gautam Adani is a man who will go ll out to make Adani Port the best in the world.

1. APSEZ handled a cargo volume of 30.37 MMT in May '22, implying 4% y-o-y growth. 

 

2. Total coal volumes increased 6% y-o-y, on the back of thermal coal growth of  5% and coking coal by 9%.  

3. Despite record crude prices, volumes jumped 15% y-o-y. 

 

4. Key ports reflecting this volume growth are Mundra (7%), Dhamra (35%), Dahej (42%), and Kattupalli & Ennore combined (50%).

Overall, we are bullish on the prospects of the company and will say add at every fall in the stock.

You can start with a small capital of Rs 5000-10000 and trade using our Bank Nifty option tip and make a profit up to 30% in intraday.