Adani Enterprises FPO: Analysts, brokers cite growth potential, some flag valuation - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Adani Enterprises FPO: Analysts, brokers cite growth potential, some flag valuation

While those advising clients to bid in the FPO are bullish about the company's long-term prospects, analysts at several other brokerages said they do not track the company and refrained from making a recommendation. Some investment advisers, on condition of anonymity, said the current share valuation was elevated and so they were advising clients to skip the FPO.

from Stocks-Markets-Economic Times
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