Adani Enterprises is set to report a 17% year-on-year revenue increase to Rs 26,345 crore for Q2, with EBITDA expected to rise to approximately Rs 4,900 crore. The firm raised Rs 4,200 crore from institutional investors through a QIP, with Quant Mutual Fund as the largest investor. Cantor Fitzgerald has initiated coverage with an "overweight" rating and a price target of Rs 4,368, highlighting the benefits of its diversified business model.
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