The issue was overall subscribed 69.79 times, with the quota for qualified institutions getting a subscription 84.32 times, whereas non-institutional bidders’ and retail investors’ portions were subscribed 43.97 times and 61.77 times, respectively.
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