Two promoter group entities in Adani Power Ltd acquired 2% additional stake in the company in a staggered manner since September through the open market. Following this, the cumulative shareholding of promoters has increased to 71.14%.
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings