Jefferies maintains a buy rating for Adani Enterprises Ltd., with target price of Rs 3,000.(Image: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Adani Airports is poised for high growth with the Navi Mumbai Airport launch and dual-airport strategy, according to Jefferies. The brokerage maintains a buy rating for Adani Enterprises Ltd., with a target price of Rs 3,000.
PM Modi inaugurated the Navi Mumbai International Airport on Wednesday, marking a significant milestone in India's aviation landscape. Situated approximately 35 km from the existing Mumbai International Airport, NMIA is poised to ease the chronic congestion at one of the country's busiest aviation hubs.
"NMIA's inauguration marks a strategic expansion in India's aviation infra, easing congest