Adani Power Shares Jump 29% On Morgan Stanley's 'Overweight' Call

Shares of Adani Power Ltd (APL) surged in the morning trade on Friday after global brokerage Morgan Stanley initiated 'Overweight' on the company with a target price of Rs 818, projecting an upside of 29 per cent from its previous closing price.

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Shares of Adani Power Ltd (APL) surged in the morning trade on Friday after global brokerage Morgan Stanley initiated 'Overweight' on the company with a target price of Rs 818, projecting an upside of 29 per cent from its previous closing price.