Deven Choksey, MD of DRChoksey FinServ Pvt. Ltd, is optimistic about Adani Enterprise’s growth prospects in 2025-2027. He believes that the company’s various businesses, including Adani Airports and Adani Roads, will become independent entities during this period, leading to better cash flow and further growth. Choksey also expects Reliance to list its Jio platforms in 2025, which he sees as a major earning opportunity.
In the infrastructure space, Choksey believes that companies in the ancillary segment, particularly in the capital goods segment, are well-positioned for growth. He notes that the government’s allocation of funds for infrastructure development will play a key role in driving growth.
Choksey is cautious about Ola Electric’s prospects, citing increased competition and high costs. He prefers Bajaj Auto, which has demonstrated its ability to manage costs and bring profits in the electric vehicle segment.
Overall, Choksey is positive about the outlook for Adani Enterprise and Reliance Jio, and believes that these companies will drive growth in the Indian market.