“Cost pressures were seen in Q1. Standalone adjusted EBITDA fell by ~68% on a YoY basis. There is confidence around JSPL’s balance sheet and potential upsides,” the brokerage said.
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