Adani Ports keeps analysts bullish as Q3 earnings beat estimates!
Fri, Feb 2, 2024 11:54 AM

Adani Ports keeps analysts bullish as Q3 earnings beat estimates!

A Flip by Avya Verma
Get it on Google Play
Adani Ports reported a 64% increase in net profit in Q3, beating analyst expectations and pushing the stock to a fresh 52-week high. Strong power sales and capacity utilization drove this growth. Analysts have a positive outlook on the company, citing robust cargo volumes, expansion plans, and potential for market share gains. The acquisition of Krishnapatnam Port has also raised its cargo volume.

More great flips

Roads along villages off Noida expressway soon to demarcate abadi plots

Roads along villages off Noida expressway soon to demarcate abadi plots

A committee set up by the UP government has recommended constructing peripheral roads around 20 villages along the Noida Expressway to demarcate developed residential areas and prevent encroachment on Noida Authority-owned land, using satellite imagery to determine village boundaries. This aims to address farmers' demands for additional compensation and develop residential plots.

Open Flip
Vivo to launch its first mixed-reality headset in 2025

Vivo to launch its first mixed-reality headset in 2025

Vivo has announced plans to compete in the mixed-reality headset market by announcing the release of its new virtual reality headset in 2025. The company will most likely use Android XR OS for this device and aims to offer a better experience than the Apple Vision Pro. Chinese electronics giant Vivo is all set to enter the mixed-reality (MR) headset market soon.

Open Flip
NHPC gets ₹250 crore payment under Mega Insurance Policy for Teesta-V

NHPC gets ₹250 crore payment under Mega Insurance Policy for Teesta-V

NHPC Ltd, India's largest hydropower company, received a second on-account gross payment of ₹250 crore under its Mega Insurance Policy, related to business interruption loss caused by a flash flood at the Teesta-V Power Station in October 2023. NHPC expects to resume power generation from the project in Q3 FY26. NHPC Ltd, India's largest hydropower company, received a second on-account gross pay.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon