June 14, 2023
3 min

Adani Ports, Delhivery To L&T: Jefferies Top Bets In Industrial And Power Sectors - BQ Prime

Jefferies is advising investors to buy shares in Indian industrial and power companies including Adani Ports and Special Economic Zone, Delhivery, and Larsen & Toubro due to their earnings growth, improving margins, and limited impact from global factors. The brokerage has rated 17 of the 22 major industrial and power companies with 'buy', with four as 'underperform' and one as 'hold'. Power transmission, railroads, data centres, logistics, and metals are expected to gain the most traction. Jefferies also noted that talks in Asia outside of Japan and China could mean increased investments for India.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry