Beating not just benchmark indices but also star fund managers, an 8-month-old PMS scheme betting on smallcaps turned out to be the star performer, shows data pulled from PMS Bazaar. With a return of 9.09%, Hem Securities’ India Rising SME Stars fund topped the charts of PMS funds.
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