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 brokerage highlights APL’s strong thermal power presence, stable PPAs, brownfield expansion plans, and deleveraging efforts. With capacity set to rise to 30.67 GW by FY30F, APL is well-positioned for growth.
Why Donald Trump must let Jerome Powell do his job
Donald Trump’s criticism of Jerome Powell raises concerns. This interference could destabilize the economy. GDP projections are down. Inflation and unemployment are rising. Powell is