Adani Energy Solutions shares could deliver multibagger returns from current levels
- Posted on September 20, 2024
- By Business News Today
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Adani Energy Solutions shares could deliver multibagger returns from current levels
Cantor initiates coverage on the company with a bullish "Overweight" rating and a price target of Rs 2,251, suggesting a potential 129% upside by FY26. They project a 20% CAGR revenue growth and a 28.8% CAGR adjusted EBITDA growth for the company from FY24 to FY27E.