Chennai based ACI manufactures specialty marine chemicals such as bromine, industrial salt and sulphate of Potash. These chemicals are produced from brine fields typically in the environmentally sensitive coastal areas that require several regulatory hurdles. This creates a high entry barrier for new entrants.
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