Lack of triggers in the near term may keep the upside capped for the shares as many investors remain underweight on the country’s largest two-wheeler maker despite institutional holding in the auto sector being close to a multi-quarter high.
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