The brokerage particularly analysed the most leveraged Adani Green, the yield on which is at around 15%, though up from about 9% a few days back, but below the highs of 22% seen in October end. Bernstein estimates that with a gross debt of ₹47,300 crore, Adani Green is the most leveraged among the conglomerate’s companies.
F&O Talk: Nifty’s bullish structure intact after best week in 5 years; Sudeep Shah on HDFC Bank strategy, picks 5 stocks this festive season
Nifty surged 8% to post its strongest weekly gain in five years, supported by improving technical indicators and bullish momentum. SBI Securities’ Sudeep Shah discusses