The brokerage said the estimated Price to Earnings ratio – a popular valuation measure – at 19 times is near its five-year average, while foreign investors are most underweight in 15 years.
Adani Green insider trading: Sebi ends case against Pranav Adani without any direction or penalty
Sebi has dropped insider trading charges against Pranav Adani and two others, ruling their Adani Green trades occurred after news of the SB Energy acquisition