As a result of this inclusion, RVNL is expected to attract passive fund inflows amounting to $219 million, while Vodafone Idea may receive an estimated $278 million, according to projections by the domestic brokerage firm Nuvama Alternative & Quantitative Research.
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