Gensol Engineering shares fell after promoters sold 2.37% equity to reinvest in the business. Following an 18-day, 70% drop, the company aims to enhance stability and growth. Promoters will reinvest sale proceeds in June. Plans for a stock split and fundraising will be considered on March 13.
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