CPPIB, an existing investor, has made a fresh $400 million investment to buy more shares from Goldman Sachs at $6.50 each. This takes CPPIB’s stake to 31.5% in the company’s voting rights associated with outstanding shares.
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