Fundamental Radar: Three factors seen improving long-term cash flows, earnings of Adani Ports

After clocking robust 24% growth in cargo volumes for the 11 months of FY24, Adani Ports and SEZ is poised to surpass its revised cargo volume of 400 million tonne for the full year. The company is continuously investing in building infrastructure for its logistics business, which is expected to improve long-term cash flows and earnings, says Sneha Poddar of Motilal Oswal Financial.