Brokerages Initiate Coverage with Bullish Outlook on Adani Energy, Deepak Fertilizer, PTC Industries

Overview

Leading brokerages Morgan Stanley, JP Morgan, Emkay Global, IDBI Capital, and Goldman Sachs have initiated or maintained coverage on several Indian companies. Analysts are positive on Adani Energy Solutions, Deepak Fertilizer, and PTC Industries, setting significant target prices based on growth prospects, market leadership, and expansion plans. LG Electronics also received an overweight rating from Morgan Stanley, highlighting its industry-leading margins.