A Sebi inquiry on the Adani Group has left investors watchful of Adani Enterprises. KRChoksey Holdings’ Deven Choksey is confident about the firm’s current valuations and believes it may appreciate from current levels by 15% to 20%. However, Choksey said he would like to remain cautious, as apart from the foreign portfolio investors, no big investors from the domestic turf have invested in the company.
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