Adani Power Shares Can Rally 30%, Says Antique After Initiating Coverage with ‘Buy’ Rating: Key Reasons Explained
Indian equity markets turned their attention to Adani Power after brokerage firm Antique Stock Broking initiated coverage on the company with a ‘buy’ rating, projecting a potential 30% rally in its share price. The report highlights strong fundamentals, favorable demand-supply dynamics in the power sector, and Adani Power’s strategic positioning as reasons for optimism. Background…