“We anticipate that small and mid-cap performance will drive the Indian equity market. We have observed a continuous increase in the number of retail investors over the years, and retail investors often park their cash in mid and small-cap stocks. As a result, we expect mid- and small-cap stocks to do better in the new Samvat year. We also predict that FIIs will resume their robust return.”
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