 "Adani Group (Photo: Bloomberg)")
Shares of Adani Group companies zoomed up to 16 per cent in trades on Monday, June 03, amid the exit poll triggered euphoria. The exit polls, which were announced on Saturday, predicted a likely third-term for the Modi-led NDA government, with seats projections in the range of 316 - 400 seats.
The market capitalisation of the Gautam Adani-led group neared Rs 20 trillion. Jefferies in its research report has a 'Buy' recommendation on Adani Enterprises and Adani Ports with price targets of Rs 3,800 and Rs 1,640. READ MORE
Early leads from the Lok Sabha vote counting showed
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