Adani Power’s operating profit could compound by 20% over next three years, IIFL Capital projects
Shares of Adani Power Ltd. declined on Tuesday, July 7, even as brokerage firm IIFL Capital initiated coverage on the stock. IIFL Capital has initiated coverage with a “buy” recommendation on Adani Power with a price target of ₹240 per share, indicating an upside of 9% from its previous close. The brokerage said it likes…
