HSBC on Ports
Gujarat Govt. may roll over port concessions for Mundra, Pipavav, Hazira, Dahej, and set the framework for other states
GPPV’s Pipavav expires in 2028 and ADSEZ’s Mundra in 2031.
Renewal could clear overhang, unlock capex and rerating
Prefer ADSEZ (Buy
August 27, 2026 77
