Adani news today: Morgan Stanley raised Adani Powers target price

Morgan Stanley raised Adani Powers target price to Rs 185, citing strong earnings visibility, new PPAs, and capacity expansion. The brokerage expects a 20% EBITDA CAGR over FY25–FY33, backed by a robust balance sheet and regulatory clarity. Adani Powers 41.9 GW portfolio positions it to gain from Indias rising power demand. Adani Enterprises extends decline, down 5% in 2 days; here's why Adani Enterprises in its Q2 earnings presentation said that EBITDA was impacted primarily on account of decrease in trade volume and price volatility in IRM and Commercial Mining. Adani Group stocks plunge up to 20% after Gautam Adani ’s indictment in US on bribery and fraud charges; Rs 2.25 lakh crore m-cap wiped out! News Business Post report claims Govt directed LIC to invest $3.9 bn in Adani , insurer says ‘baseless’ Post report claims Govt directed LIC to invest $3.9 bn in Adani , insurer says ‘baseless’ Congress asks: Under whose pressure did officials of Finance and NITI Aayog decide to bail out a private company?