International brokerage firm Jefferies remains positive on both Adani Energy Solutions (AESL) and Power Grid Corp, but the brokerage sees the private-sector transmission player growing at more than twice the pace of its larger state-run rival over the next few years, it said in a report over the weekend.
The brokerage has maintained a 'Buy' rating on Adani Energy Solutions with a price target of Rs 1,665, implying an upside of about 10% from current levels. For Power Grid Corp, Jefferies has assigned a target price of Rs 340.
