The Adani stock Morgan Stanley thinks could benefit most from India’s infrastructure push
- Posted on June 24, 2026
- By Business News Today
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The Adani stock Morgan Stanley thinks could benefit most from India’s infrastructure push
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.