Results of Adani Enterprises likely to be pathetic: Ambareesh Baliga

In a chat with ET Now, Ambareesh Baliga, COO, Way2Wealth Brokers Pvt Ltd, shares his views on Adani Enterprises.

ET Now: On the charts Adani Enterprises?

Ambareesh Baliga: At least as per market rumours, the results of Adani Enterprises will be pathetic. So, based on that we are seeing this cut. The stock was very steady at the levels of 230-235 but this cut is basically based on this fear that the results will be pathetic.