Latest Adani Ports & SEZ News & Updates

Mumbai, Feb 5 (IANS) Shares of Adani Energy Solutions Ltd (AESL) rose as much as 2.5 per cent to Rs 1,013 apiece on Thursday despite weakness in broader markets after Morgan Stanley initiated coverage on the stock.The foreign brokerage gave an ‘overweight’ rating with a price target of Rs 1,133 — implying 16 per cent upside from yesterday’s closing price.The brokerage views AESL as a key beneficiary of India’s long-term power grid expansion, highlighting over Rs 10 trillion of expected …