HighPositive
Announced Tue, 30 Jun · 16:49 IST

MSC-Adani deal: Vizhinjam port can generate Rs 1,410 crore EBITDA, says Axis Capital

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AI summary

Axis Capital expects Adani Ports and SEZ's Vizhinjam port to generate around Rs 1,410 crore in EBITDA after the Phase 2 expansion. The brokerage cites MSC's USD 1.4 billion investment as strengthening volume visibility while reinforcing the port's long-term strategic and valuation potential for the company.