As outlined in the bankers’ term sheet, the Bangas intend to sell 4.09 crore shares at a floor price of Rs 198 per share, representing a 5.9% discount to Thursday’s closing price of Rs 210.
InCred Equities has initiated coverage on Adani Power with an ‘add’ rating and a target price of Rs 649, citing a potential 17.8% upside. The
Amnish Aggarwal of Prabhudas Lilladher notes that metal stocks have rallied due to raw material price benefits, not volume growth. While safeguard duties offer price
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