India has been an expensive market in terms of valuations compared to its regional peers. Though global investors have been uncomfortable with this aspect of equities here, they grudgingly admired India because of the strength of its corporate profitability in addition to superior economic prospects.
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