So, we think that it is very interesting that you are seeing consolidation right at the point where hopefully the business will start to see significant inflection in terms of consumer spend, so that is why we really like the space.
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