Jefferies Goes Bullish on Adani Green, Adani Power and Adani Energy

Global brokerage Jefferies has upgraded its stance on three Indian energy firms. The firm now expresses a bullish outlook for Adani Green, Adani Power and Adani Energy. The change reflects Jefferies’ positive view of the companies’ prospects. Analysts note that the bullish stance could influence investor sentiment toward the Adani group. The brokerage’s assessment follows recent developments in the energy sector. The report appears on lokmattimes.com. Investors may consider the outlook when evaluating exposure to Indian power assets. Market participants will watch upcoming earnings for confirmation.