Brokerages See Power in $ADANIENSOL Growth Pipeline

$ADANIENSOL remained in focus after Jefferies reiterated its bullish stance on the stock, citing strong growth visibility in the transmission business, a robust project pipeline, and rising opportunities in smart metering. Investor sentiment was further boosted as SBI Mutual Fund acquired an additional stake from GQG Partners through a large block deal, signaling institutional confidence in the company’s long-term prospects. Analysts believe Adani Energy is well-positioned to benefit from India’s expanding power infrastructure and grid modernization initiatives.