Millions of people faced a huge loss after the allegations of Adani and Adani group companies. Resultant all the Adani group companies’ stocks almost crashed by 60% to 75% in just a few days. As of now all the allegations removed as they proved invalid in the Supreme Court. If you’re an investor in the stock, then you should know the Adani Enterprises share price target for 2024, 2025, and 2026.
After the major crash, the Adani Enterprises stock has not recovered yet and trading below approximately 25% down from its all-time high. But now, the wait is over because very soon the Adani Enterprises stock is going to break its all-time high and create a fresh all-time high.
So, let’s understand by analyzing Adani Enterprises company fundamentals, charts, and with the help of some rules whether you should invest in the stocks or not. As the stock or company is facing a lot of problems. We will also share its targets based on experts’ advice and charts.
Related Posts:
- RVNL Share Price Target 2024, 2025, and 2026
- Orient Green Power Share Price Target 2024, 2025, and 2026
- BHEL Share Price Target 2024, 2025, and 2026
About Adani Enterprises
Adani Enterprises company is part of Adani Group. The company was founded in 1993 and as of now its managing director is Mr. Rajesh Adani.
Adani Enterprises is involved in multiple businesses of different industries Agro-Infrastructuire, airport developments and operation, solar manufacturing and its equipment, Thermal Power Generation, Data Centers, manufacturing and maintenance of defense equipment, finance services, development of real estate, coal trading, coal mining, infrastructure, renewable energy, and many more in the different industries.
As in the above-shared industries and sectors, there are also many things in which the Adani Enterprises company is involved. You can check all the products and services of the Adani Enterproes company on their official websites or a screener you use.
Company Fundamentals
Many stocks are currently trading at a very high price but their fundamentals are very weak. In these types of stocks, most of the investors are trapped. So, always do a proper analysis of the stocks’ fundamentals in which you are planning to invest.
In short, a company fundamental helps investors to analyze the stock for long-term investments. Using the company fundamentals anyone can understand whether the company can give good returns or not. But only company fundamentals can not give high returns.
In case you don’t know how to read a company’s fundamental data to know which company is best in a particular industry. From the below video, you can learn a lot about reading and understanding the company’s fundamental data.
Note: Please cross-check the below-shared information from your broker website or any other trusted website. Please let us know if any information is wrong. The fundamental data was last updated on 21 Feb 2024.
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | ₹223 |
| March 2020 | ₹798 |
| March 2021 | ₹746 |
| March 2022 | ₹475 |
| March 2023 | ₹2,209 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹637 |
| Mar 2023 | ₹723 |
| Jun 2023 | ₹718 |
| Sep 2023 | ₹393 |
| Dec 2023 | ₹1,918 |
Company Fundamentals
| Market Cap | ₹3,68,066Cr | ROE | 7.41% |
| P/E Ratio (TTM) | 104.79 | EPS (TTM) | 30.81 |
| P/B Ratio | 10.04 | Div Yield | 0.04% |
| Industry P/E | 60.88 | Book Value | 321.68 |
| Debt to Equity | 1.56 | Face Value | 1 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 19.34% | 14.52% | 14.65% |
| DIIs | 5.46% | 5.65% | 5.44% |
| Public | 7.54% | 7.23% | 7.30% |
| Promoters | 67.65% | 72.61% | 72.61% |
| Other Holders | 0.00% | 0.00% | 0.00% |
Key Points
- On the Adani Enterprises company, there is a Debt of Rs. 2,920.25 Crore as of now. The Debt to equity of the company is approximately 1.56.
- As of now, the company has cash of Rs. 1,339.86 Crore.
- In the last 3 years, the company has delivered good profit growth and revenue growth of 33% and 61% respectively.
- The PE of Adani Enterprises is very high and expecting very high returns from the company is not good.
- The Financials of the company look very stable and strong.
- The net profit of the Adani Enterprises compnay is consistently growing in almost each year.
Quarterly Results
In the Dec 2023 quarter, the company made a net profit of Rs. 1,918 Crore. The profit is almost 450% higher than the profit of the previous quarter of the compnay. As a result, the company gave a massive return in the quarter.
Investing Rules
If you are an investor and want to book maximum profit on your investments then you have to follow some basic rules that are shared by many experienced investors from all over the world.
Not only in maximizing the return on your investments these rules also help you to book loss or profit at right so, that you can make more profit and decrease losses in the worst market crash.
Note: There are not sufficient rules that will make you high-level investors. In different stocks and sectors, investors must check multiple factors before investing in stocks. These things come from knowledge and experience.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case, you invested all the money in one sector, if the sector faces any issue then you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh and invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 sector stocks. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, so they do not get good returns.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
Adani Enterprises Share Price Target
In November 2023, all the allegation on the Adani and Adani Group was removed and proved wrong in the court. As a result, all the Adani Group stocks went up 50% to 90% in just 1 to 2 weeks. This rally was also expected and millions of investors made good profits and a lot of investors also covered their loss.
Still according to many well-known investors investing in Adani Group stocks can be very risky as almost every compnay has a lot of Debt. Most of the Adani stocks are also trading at very high PE.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your analysis or ask your financial advisor before investing. We will be not responsible for any loss or profit.
Adani Enterprises share price target 2024
In November and December 2023, the Adani Enterprises stock has given a good profit due to a case in favor of the Adani Group. As the case proved wrong the stock prices went up to 50% in just a few weeks and still, it is going up and the stock is looking very bullish.
As of now, the stock is consolating at the same level, from the level the stock can go up or down because the stock has given massive profits in the previous months.
You should wait for a positive price action to trade the stock in the short term.
Adani Enterprises Share Price Target 2025 and 2026
On almost all the Adani Group stocks there is a very high DEBT but Mr. Adani is solving the issue and reducing the DEBT. Most probably in the next few years, the DEBT will be reduced a lot.
Yearly, the net profit of the Adani Enterprises company is continuously increasing and it is one of the most important key factors investors uses to identify a good compnay.
Not only net profit but also EPS and sales of the compnay are also increasing which suggest a strong sales and profit growth of the compnay.
For the long term, the Adani Enterprises company seems very good as per the fundamentals the stock is trading at a very high premium so, buying expensive stock can be risky when you don’t have the experience of investing.
FAQs
In the above chart of Adani Enterprises, a few levels are mentioned so, you can plan your trades according to the analysis.
Yes, you can Adani Enterprises after you do proper research or ask your financial advisor.
If all the allegations against Adani Group are proven wrong then there is a very high chance that the stock may create a new all-time high. Wait for the price auction too.
Final Words: Investing in the stock may be a bad decision for people who think the stock is available at a very high discount. As a result, most people are looking for Adani Enterprises’ share price targets in 2024, 2025, and 2026. So if you do not want to take any risk with your money then plan your investing in fundamentally strong stocks, and high-growth sectors, and also make sure there is no bad news about the company.