All 10 Adani Group stocks rose in Indian market
All 10 Adani Group stocks rose on Monday, with Adani Green Energy leading at a 2.92% gain. This increase comes amid a broader rally in the Indian stock market, with the Sensex and Nifty 50 both up by half a percent. Despite ongoing legal and regulatory challenges, investor confidence appears to be returning. Recent earnings reports showed mixed results, with some companies facing rising costs and regulatory pressures, while others, like Adani Ports, demonstrated stable growth. Brokerage firms are recommending specific Adani stocks. Motilal Oswal has a 'Buy' rating on Adani Ports, while Cantor Fitzgerald and ICICI Securities have positive outlooks for Adani Power. Elara Capital also initiated coverage on Adani Energy Solutions with a 'Buy' rating.