ADANI PORT CROSSES 500 MILLION TONS CARGO HANDLING MILESTONE

has crossed the landmark milestone of handling 500 million tons of cargo and now targets to handle 1 billion tons by the year 2030. The milestone serves as a primary indicator of the scale and execution pace within India's infrastructure sector. The current integrated network includes 15 ports in India and 4 international ports positioned on the strategic East-West global corridor. Beyond maritime operations, the logistics arm of the company now covers 95% of India's hinterland. The company has delivered a strong sales growth of 21% CAGR and profit growth of 27% CAGR over the last 3 years. Moreover, promoters have increased their holdings by 2.13% in the last quarter thereby showing confidence in the company. Currently trading at a P/E of 25, this marks a strong opportunity for long term investment.