Rumours are ripe that Indian government is going to announce major FDI cap in multiple sector. Any relaxation on Infrastructure side is going to have positive impact on Adani Enterprise. Adani Enterprise is reeling under heavy financing cost and trouble with its power division. Adani share is down by 30% in the last three month but received overwhelming response for their OFS in order to meet SEBI regulation. Any investor opting for delivery based investment may reap in 20 to 25 % gain in next three month. Given the quality of assets, FDI, potential power supply agreement rejig with state government, Economic turnout potential, Fuel Supply agreement for their power division is going to be major trigger for beaten down Adani Enterprises
Disclaimer: The above opinion is author own opinion and strongly recommend investors to consult their financial consultant before investing, Author is long in Adani Enterprises
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