📰 ET Markets 🟢 BULLISH 🕒 29 Oct 2026, 09:45 AM IST

Adani Ports shares rise 3% after Q2 results. Why did Jefferies and Nomura raise target prices?

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Core Development: Adani Ports shares rise 3% after Q2 results. Why did Jefferies and Nomura raise target prices?

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Market & Financial Impact: Adani Ports shares rose after the company reported strong Q2 FY27 earnings and raised its full-year guidance. Jefferies and Nomura increased their target prices, citing robust international port performance, higher earnings estimates and long-term growth prospects.

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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

Strong quarterly earnings and higher guidance prompt Jefferies and Nomura to raise their target.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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Adani Ports shares rise 3% after Q2 results. Why did Jefferies and Nomura raise target prices?

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