Brokerages have recently begun coverage on Adani Ports, Welspun Corp, and Wakefit Innovations, all receiving buy ratings. Analysts project price targets indicating potential gains ranging from nineteen to thirty-four percent. Adani Power is anticipated to excel due to India's forthcoming thermal capacity expansions, while Welspun Corp stands to gain from increased investments in oil and gas infrastructure.

Adani Power leads gains in the group, rising 3.79% as investor confidence rebounds amid renewed buying interest.

Motilal Oswal initiated coverage on Adani Power with a Buy rating and a target price of Rs 250, implying around 20% upside. The brokerage sees capacity expansion, its track record…