Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Economic Times

Surbhi Khanna

IIFL initiates coverage on Adani Power with target price at Rs 240, estimates EBITDA to quadruple by FY33-35E

Adani Adani Power IIFL AS Coal

IIFL has initiated coverage on Adani Power with a target price of Rs 240, compared to current market price of Rs 220 and estimated EBITDA to quadruple by FY33-35E.

The brokerage in a report said that its SoTP-based 12-month target price of Rs 240 per share values Adani at an implied FY28E EV/Ebitda of 20x, above the coverage median of 11.1x, reflecting its faster growth and superior profitability.

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

USMNT Player Ratings vs. Canada: American Boys See Out Perfect Fall Window

USMNT Player Ratings vs. Canada: American Boys See Out Perfect Fall Window

The U.S. men’s national team cruised to a 1–0 win against Canada.

Sports Illustrated

Friends of Nolan Wells sue NFL Hall of Famer Terrell Owens for defamation

Friends of Nolan Wells sue NFL Hall of Famer Terrell Owens for defamation

Owens sued over September Instagram post that suggested trio tampered with evidence in death of Mississippi teen

The Guardian - US

Fergus County Measles Case Triggers Amtrak Exposure Alert in Montana as North Dakota Warns Empire Builder Riders

Fergus County Measles Case Triggers Amtrak Exposure Alert in Montana as North Dakota Warns Empire Builder Riders

A measles case in Fergus County, Montana, prompted alerts for an Amtrak stop in Malta and a Moore business as North Dakota warns train riders.

‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

Republican challenged by Democrat Troy Jackson in critical Senate race says she opposes Iran war and Canada tariffs

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Haiti postpones elections indefinitely as gang violence hampers preparations

Haiti postpones elections indefinitely as gang violence hampers preparations

Haiti has indefinitely postponed elections scheduled for December and February, the electoral council said Tuesday, citing technical and operational requirements as gang violence continues to disrupt preparations. The delay leaves Haitians without a vote as authorities struggle to register voters and secure areas needed for the poll.

Tropical depression in Gulf predicted to be Atlantic season’s first hurricane

Tropical depression in Gulf predicted to be Atlantic season’s first hurricane

First hurricane of the season has not formed this late since 1905 as scientists say possible US landfall on Saturday

The Guardian - US

Related Stories

Top stories on inkl right now

USMNT Player Ratings vs. Canada: American Boys See Out Perfect Fall Window

USMNT Player Ratings vs. Canada: American Boys See Out Perfect Fall Window

The U.S. men’s national team cruised to a 1–0 win against Canada.

Sports Illustrated

Friends of Nolan Wells sue NFL Hall of Famer Terrell Owens for defamation

Friends of Nolan Wells sue NFL Hall of Famer Terrell Owens for defamation

Owens sued over September Instagram post that suggested trio tampered with evidence in death of Mississippi teen

The Guardian - US

Fergus County Measles Case Triggers Amtrak Exposure Alert in Montana as North Dakota Warns Empire Builder Riders

Fergus County Measles Case Triggers Amtrak Exposure Alert in Montana as North Dakota Warns Empire Builder Riders

A measles case in Fergus County, Montana, prompted alerts for an Amtrak stop in Malta and a Moore business as North Dakota warns train riders.

‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

Republican challenged by Democrat Troy Jackson in critical Senate race says she opposes Iran war and Canada tariffs

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Haiti postpones elections indefinitely as gang violence hampers preparations

Haiti postpones elections indefinitely as gang violence hampers preparations

Haiti has indefinitely postponed elections scheduled for December and February, the electoral council said Tuesday, citing technical and operational requirements as gang violence continues to disrupt preparations. The delay leaves Haitians without a vote as authorities struggle to register voters and secure areas needed for the poll.

Tropical depression in Gulf predicted to be Atlantic season’s first hurricane

Tropical depression in Gulf predicted to be Atlantic season’s first hurricane

First hurricane of the season has not formed this late since 1905 as scientists say possible US landfall on Saturday

The Guardian - US

Our Picks

Have an Elmo Teether in the Freezer? Check It Before Giving It Back to Baby

That familiar red Elmo face sitting in your freezer may deserve a closer look before it goes back into your baby’s hands. A Skip Hop Baby “Sesame Street” Elmo Silicone Teether has been recalled because its black eye pieces can detach if the product is frozen, creating a choking hazard.…

Kids Ain't Cheap

Gen Z's new American Dream: Skip the mortgage, book the flight

Young Americans are trading square footage, new cars, and even moving out for plane tickets, even as airfares jump more than 20%.

Megan Fox Tagged 'Unrecognisable' in Letterboxd Video as Fans Defend Her Against Meaningless Comments

A Letterboxd video featuring Megan Fox and Karyn Kusama prompted online debate about Fox's appearance, with fans challenging unsupported speculation about cosmetic procedures or health

International Business Times UK

US Schools Record Nearly 12,000 Book Bans, the Highest Ever in a Single Year, as 'Jane Eyre' and 'Lessons in Chemistry' Join the List

PEN America reports nearly 12,000 book-ban instances in US schools, a record total, as Texas overtakes Florida and AI tools enter the removal process.

International Business Times UK

Alice Zaslavsky’s shortcut beetroot baked risotto – recipe

An unconventional technique makes this vibrant rice – finished with dill fronds – a lower-touch dinner for weeknights

The Guardian - AU

Does your sleep tracker get it right? A Pittsburgh neuroscientist weighs in

On a typical night, I go to bed wearing a tracking watch on one wrist and another type of tracker on the other wrist. Then I compare their sleep findings while I drink my morning coffee.

The Conversation

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play