Motilal Oswal Issues Buy Ratings for R R Kabel and Adani Enterprises
Motilal Oswal has initiated coverage on Adani Enterprises with a buy rating and a 3,880 rupee price target, citing significant upside potential. The brokerage also recommended purchasing shares of cable manufacturer R R Kabel, setting a target of 3,400 rupees based on strong fundamentals.
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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 market price. The brokerage expects EBITDA to more than double by FY29, supported by airports, new energy, roads, copper and other infrastructure businesses. It also sees faster earnings growth and easing leverage as key drivers for the stock.
Read full article →Buy R R Kabel; target of Rs 3400: Motilal Oswal - Moneycontrol.com
Buy R R Kabel; target of Rs 3400: Motilal Oswal Moneycontrol.com
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