A 562% Stock Rally, a $23 Billion Firm But Zero Analyst Coverage
- Adani Green is 2020’s top gainer on India’s Nifty 100 Index
- Strange that analysts aren’t covering it: Target Investing
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Adani Green Energy Ltd., a unit of one of India’s largest conglomerates, is the best performer this year among the nation’s top 100 stocks. It is also the only one in that cohort without a single analyst rating.
Shares of Adani Green have jumped 562% in 2020 versus a gain of just 10% for the National Stock Exchange’s Nifty 100 Index. The rally helped the company recently win entry to the MSCI India Index.