Jefferies keeps Adani share among top India picks
In short
Jefferies India kept one Adani Group share in its top three picks after the RBI raised rates by 25 basis points.
The note says power companies may be partly shielded by regulated equity, fixed-rate loans, and limited pass-through of rate hikes. The exact stock and any market reaction are not stated.
What the reporting says
Jefferies India kept an Adani Group share among its top three picks after the RBI raised the repo rate by 25 bps. The publisher summary says Jefferies sees power companies as partly protected by regulated equity, fixed-rate loans and limited pass-through of rate hikes. What exact stock was named is not stated in the available reporting, and the note does not give a price reaction.
Why it matters
Jefferies India highlighted an Adani Group share after the RBI’s 25 bps repo rate hike. The reported rationale was that power companies may have some protection from higher rates through regulated equity, fixed-rate loans and limited pass-through. The available summary does not identify the specific Adani stock, and it does not say how investors or the share price reacted.