Jefferies Gives Buy Recommendations On Three Adani Stocks After Stellar FY24 Performance | Check Here
Jefferies highlighted that the Adani Group's EBITDA grew by 40% year-on-year to Rs 660 billion. Adani Power's EBITDA more than doubled due to capacity additions, higher volumes, increased merchant contributions, and lower imported coal prices. Other group companies saw EBITDA growth between 16-33%, with the exception of Adani Wilmar, which experienced a year-on-year decline., Companies News - Times Now