The Economic Times

Motilal Oswal initiates coverage on Adani Power with Buy call, sees 20% upside. Time to hold or sell?

Motilal Oswal initiated coverage on Adani Power with a Buy rating and a target price of Rs 250, implying around 20% upside. The brokerage sees capacity expansion, its track record of turning around distressed assets and potential entry into nuclear power as key growth drivers.