“We expect 12% YoY improvement in core EPC revenues, as we bake in the net impact of monsoon and improved construction activity in the quarter,” Kotak Institutional Equities said in its report.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing