Brokerage Axis Securities like two Adani Group-backed stock in the power-to-energy sector. These two are Adani Power and Adani Energy Solutions. There is potential upside of up to over 12% in 5 to two weeks timeframe ahead.
Adani Power:
The brokerage suggests entry price of Rs 720 to Rs 727 in Adani Power. The target price is of Rs 794 with stop loss of Rs 710.
Adani Energy Solutions:
Here, the entry price is of Rs 1,128 to Rs 1,139. The target price is set at Rs 1,259 with stop loss of Rs 1,099.
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