We’re seeing that consolidation now, with the market stabilizing after the earlier turbulence. However, while there has been some upward movement recently, I wouldn’t classify it as a confirmed reversal just yet.
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