Jefferies turns bullish on Adani Green, Adani Power and Adani Energy, reports lokmattimes.com

Global brokerage Jefferies has shifted to a bullish stance on three Adani group companies. The firms highlighted are Adani Green, Adani Power and Adani Energy. The outlook was detailed in a report covered by lokmattimes.com. Jefferies cites improving fundamentals as a basis for optimism. The brokerage expects stronger earnings and growth prospects for the trio. Analysts suggest the positive view could attract more investor interest. The sentiment adds to rising confidence in India’s renewable and power sectors. Market participants will watch for subsequent performance of the Adani companies.