Healthy growth momentum coupled with improvement in margins and asset quality is expected to aid RoA and, thus, valuations, said ICICIDirect Research, with maintaining a buy rating and a target price of Rs 170 on the stock.
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