The refining margins remain strong for this oil & gas major due to the EU sanctions on Russian oil products from February 23. The company has recorded strong profitability from the gas segment due to higher volume, and retail profitability is also improving, suggest experts.
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