Adani Green Energy’s shares surged following SEBI’s clearance regarding Hindenburg Research’s allegations, boosting investor confidence. Jefferies raised the target price to Rs 1,300, citing significant upside potential and projecting substantial capacity additions. Supported by promoter infusion and long-term power purchase agreements, the company anticipates improved financial metrics and strong EBITDA growth, despite potential risks like execution delays.
Capri Global eyes up to $500 million offshore bond issue
Capri Global Capital is venturing into international markets for the first time, planning to raise $300-500 million through overseas bonds. This move aligns with other