Brokerages strike a cautiously optimistic tone on retail, broking and agri stocks, flagging selective opportunities amid near-term pressures. Morgan Stanley stays positive on Trent, Motilal Oswal turns bullish on Groww citing strong growth visibility, while Nuvama maintains a Buy on AWL Agri despite a weak quarter.
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