The Adani stock Morgan Stanley thinks could benefit most from India’s infrastructure push
· economictimes.indiatimes.com
Morgan Stanley has initiated coverage on Adani Enterprises with an Overweight rating and a target price of Rs 3,638, implying a 23% upside. The brokerage sees AEL as the best-placed Adani Group company to benefit from Indias infrastructure and capex boom, citing its strong presence in airports, roads, data centres and new energy.
Synopsis
Morgan Stanley has initiated coverage on Adani Enterprises with an Overweight rating and a target price of Rs 3,638, implying a 23% upside. The broker...