Adani Ports near key level ahead of Q1: Analyst eyes ₹1,600
Adani Ports trades 14% below its all-time high ahead of Q1 results. SEBI analyst Rohit Mehta sees bullish potential if the ₹1,600 resistance is retested. The stock holds above ₹1,000 support and has gained 12% YTD. Retail sentiment is bullish, and analysts expect profit to rise up to 26% YoY on cargo volume growth.