The regulator issued its final observations on the draft papers last week. When a company receives a final observation from Sebi, it’s a signal from the regulator to go ahead with the IPO process.
Adani Power shares may rally 18%, positioned as a pure play in India’s thermal power space: InCred Equities
InCred Equities has initiated coverage on Adani Power with an ‘add’ rating and a target price of Rs 649, citing a potential 17.8% upside. The