Adani Green Energy Receives Bullish Outlook From JM Financial, Citing The Former's Strong Growth Line & Plan To Scale Renewable Capacity To 50 GW
Mumbai: Adani Green Energy has received a bullish outlook from JM Financial Institutional Securities, which initiated coverage on the company with a ‘BUY’ rating and a target price of Rs 1,289 per share. The positive view comes on the back of the company’s strong growth pipeline, steady cash flows, and its ambitious plan to scale renewable capacity to 50 GW by 2030.