India, Dec. 23 -- The shares of this leading Adani group company, which is the largest private thermal power producer in India, are in focus after Morgan Stanley projected a strong 31 percent upside. In this article, we will go into the details of what led to this uptick

With a market capitalisation of Rs 2,76,274 crore, the shares of Adani Power Ltd closed at Rs 143.25 per share, up 1 percent from its previous day's close of Rs 141.70 per share. Over the past five years, the stock has delivered a multibagger return of 1,398 percent, outperforming NIFTY 50's positive return of 90 percent.

Analyst Comments Leading global brokerage, Morgan Stanley, has maintained an "overweight" rating on Adani Power and has assigned a target price of Rs ...