Should Adani Green shareholders fret over Ambani’s new plan?
Mukesh Ambani’s new plans of investing in green energy business is more complementary rather than competing with Adani Green at this point of time, says Probal Sen, VP, Centrum Broking, in this interview with ET Now. Edited excerpts:
The market doesn’t seem to be excited with all the announcements made at Reliance AGM. What do you make of the Rs 75,000 crore capex plan?
Over the last three years, we have seen a lot of expectations from each of the AGMs. The stock tends to run up quite a bit in anticipation of the AGM every time. People were expecting more clarity on the timelines and valuation of the Aramco deal.
