As you know the allegations against the Adani and Adani Group have been clear and the officials confirmed that there is nothing wrong with the Adani Group companies. As a result, all the Adani Group stocks are up to 50% to 60%. Most of the Adani group companies become very large but we have the Adani Penny stocks list, which can give good returns in the future.
As the allegations on the Adani group stocks have been cleared, it does not mean that you should invest in these stocks blindly because many stocks trading at very high PE, lots of Debt on Adani Group, etc. So, without proper research do not invest at any cost or opportunity.
In the last few years, almost every Adani group stock has given massive returns. Millions of investors enjoyed the journey a lot especially those who invested at very low prices and booked profit at higher prices. Below is some Adani Penny stocks list that can give the same type of returns in the future.
Related Posts:
- Adani Enterprises Share Price Target 2023, 2024, and 2025
- Adani Power Share Price Target 2023, 2024, and 2025
- Adani Wilmar AWL Share Price Target 2023, 2024, and 2025
What is Penny Stock?
There is no one-line definition that can easily define penny stocks. There are several conditions; if a few conditions are met with any stock, then the stock can be considered a penny stock. Below are the following conditions you can use to identify the penny stocks.
- Penny stocks usually are of low-cap or small-cap companies.
- In most cases, penny stock prices are usually lower than Rs. 100 to Rs. 150.
- The liquidity of penny stocks is low.
- Penny stocks are highly volatile.
Risks of Investing in Penny Stocks
Investing in penny stocks is full of risks. Most of the retail investors who invest in penny stocks lose money. The retail investors who invest in penny stocks are usually newbies and do not have basic knowledge of investing, risk management, investing psychology, etc.
In a few words, if you do not understand the risks of investing in penny stocks, basic investing rules, understanding investing, risk management, money management, etc. then you should not invest in penny stocks.
Penny stocks are very volatile and their liquidity is very low. so, during a crash or high fall in the stock, it will become very hard to sell if you have the quantity of the stocks is very high.
Adani Penny Stocks List
Let me clear one thing as of February 2024, there is no Adani Penny stocks list because, in the last few years, all the stocks or companies of Adani Group now become multi-bagger and come in the list of mid-cap and large-cap stocks.
You should not only invest in penny stocks because they are very risky and there are very high probability you’ll lose your money. So, we also shared many fundamentally strong or large-cap and mid-cap Adani Stocks. So, that you can reduce your risk but make sure you do complete research about all the stock before investing.
So, as of now, we can not provide any stock because there are no penny stocks of Adani. Because in the last 2-3 years all the penny stocks of Adani Group are now large-cap stocks.
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 not be responsible for any loss or profit.
1. NDTV (Small-cap stock)
I hope you know that a few years Adani bought the NDTV and Adani owns approx 64.71% stake in the NDTV. In a few words now NDTV is a part of the Adani Group.
As of now the market cap of the NDTV is approximately Rs. 1,726 Crore and it is trading at Rs. 264.05. The 52-week high of the NDTV stock is Rs. 306.55 and the 52-week low is 167.05. The stock is trading near its 52-week low and is down by approximately 40-50%.
NDTV (New Delhi Television Ltd.) is one of the largest TV channels in India. In the last 5 years, the are no major revenue growth last 5 years annual revenue very close to each other. Please do a deep analysis of the industry and the stock as well.
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | ₹422 |
| March 2020 | ₹393 |
| March 2021 | ₹408 |
| March 2022 | ₹419 |
| March 2023 | ₹400 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹15.18 |
| Mar 2023 | -₹1.08 |
| Jun 2023 | -₹8.08 |
| Sep 2023 | ₹5.55 |
| Dec 2023 | -₹10.16 |
Company Fundamentals
| Market Cap | ₹1,726Cr | ROE | -0.17% |
| P/E Ratio (TTM) | 0.00 | EPS (TTM) | -1.73 |
| P/B Ratio | 6.25 | Div Yield | 0.00% |
| Industry P/E | 15.96 | Book Value | 42.86 |
| Debt to Equity | 0.02 | Face Value | 4 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 0.02% | 0.05% | 0.13% |
| DIIs | 0.00% | 0.02% | 0.00% |
| Public | 30.26% | 30.21% | 30.15% |
| Promoters | 69.71% | 69.71% | 69.71% |
| Other Holders | 0.00% | 0.00% | 0.00% |
2. ACC Limited (Large-cap stock)
As of 9 December 2023, Adani has a stake of approximately 56.7% in the ACC Limited company. It is one of those companies acquired by the Adani and the Adani Group. As of 20 Feb 2024, the ACC Ltd stock is trading at Rs. 2,687.
ACC Limited company is involved in the business of cement and they have a wide range of products and services like different types of cement, bulk cement, Ready mix concrete, and many more products and solutions for infrastructures.
Currently, the stock is trading at the same level compared to the last 5 to 6 years. In a few words, the stock has almost given 0% returns in the last 5 to 6 years. So, invest only when in the stock or industry when you understand ce,emt industry.
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | ₹1,521 |
| March 2020 | ₹1,378 |
| March 2021 | ₹1,430 |
| March 2022 | ₹1,863 |
| March 2023 | ₹885 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹113 |
| Mar 2023 | ₹236 |
| Jun 2023 | ₹466 |
| Sep 2023 | ₹388 |
| Dec 2023 | ₹538 |
Company Essentials
| Market Cap | ₹50,133Cr | ROE | 8.12% |
| P/E Ratio (TTM) | 30.81 | EPS (TTM) | 86.65 |
| P/B Ratio | 3.38 | Div Yield | 0.35% |
| Industry P/E | 39.56 | Book Value | 789.13 |
| Debt to Equity | 0.03 | Face Value | 10 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 9.98% | 7.10% | 6.24% |
| DIIs | 19.35% | 22.79% | 24.14% |
| Public | 13.80% | 13.26% | 12.76% |
| Promoters | 56.69% | 56.69% | 56.69% |
| Other Holders | 0.00% | 0.00% | 0.00% |
3. Adani Wilmar (large-cap stock)
Adani Wilmar is involved in many businesses Edible oils, Industry essentials, and Foods & FMCG. In these businesses, many products are made and have a good market share in India. As of 20 Feb 2024, the market cap of the Adani Wilmar company is around Rs. 47,620Crore.
Edible Oils: There are a lot of products of Edible oils like vanaspati, blended oil, groundnut oil, mustard oil, palm oil, soybean oil, and many more.
Foods & FMCG: There are a lot of products of Food they offer like rice (many types), soya chunks, Besan and Sattu, pulses, Khichdi, Wheat flour, sugar, Poha, etc. In FMCG products they offer Soap, handwash & sanitizer, etc.
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | ₹355 |
| March 2020 | ₹403 |
| March 2021 | ₹652 |
| March 2022 | ₹774 |
| March 2023 | ₹554 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹231 |
| Mar 2023 | ₹92.41 |
| Jun 2023 | -₹59.71 |
| Sep 2023 | -₹130 |
| Dec 2023 | ₹206 |
Company Fundamentals
| Market Cap | ₹47,620 Cr | ROE | 2.30% |
| P/E Ratio (TTM) | 563.69 | EPS (TTM) | 0.65 |
| P/B Ratio | 5.98 | Div Yield | 0.00% |
| Industry P/E | 57.26 | Book Value | 61.26 |
| Debt to Equity | 0.48 | Face Value | 1 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 1.14 | 0.63 | 0.65% |
| DIIs | 0.06 | 0.06 | 0.12% |
| Public | 10.85 | 11.36 | 11.35% |
| Promoters | 87.94 | 87.94 | 87.88% |
| Other Holders | 0.00 | 0.00 | 0.0% |
4. Adani Enterprises (large-cap stock)
Adani Enterprises is a well-known company and as of now, its market cap is nearly Rs. 3,71,435Crore. As of 20 Feb 2024, the stock is trading at Rs. 3228.65. Its 52-week high is Rs. 3,308.85 and its 52-week low is Rs. 1,103.
Adani Enterprises is involved in multiple business 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.
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 | ₹3,71435Cr | ROE | 7.41% |
| P/E Ratio (TTM) | 105.75 | EPS (TTM) | 30.81 |
| P/B Ratio | 10.13 | Div Yield | 0.04% |
| Industry P/E | 60.06 | 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% |
5. Adani Power (Large-cap stock)
Adani Power is involved in thermal power producing and it is the largest thermal power producing company in India. As of now, the company has approximately 8 power plants which are in
- Bitta, Gujrat
- Singrauli, Madhya Pradesh
- Raigarh, Chhattisgarh
- Udupi, Karnataka
- Mundra, Gujrat
- Kawai, Rajasthan
- Raipur, Chhattisgarh
- Tiroda, Maharashtra
As of 20 Feb 2024, the market cap of the Adani Power company is around Rs. 2,19,016 Crore and as of now, the Adani Power stock is trading at Rs. 554.85. Adani Power’s 52-week is Rs. 589 and the 52-week low is Rs. 132.40.
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | -₹984 |
| March 2020 | -₹2,275 |
| March 2021 | ₹1,270 |
| March 2022 | ₹4,912 |
| March 2023 | ₹10,727 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹8.77 |
| Mar 2023 | ₹5,242 |
| Jun 2023 | ₹8,759 |
| Sep 2023 | ₹6,594 |
| Dec 2023 | ₹2,738 |
Company Fundamentals
| Market Cap | ₹2,19,016Cr | ROE | 50.86% |
| P/E Ratio (TTM) | 9.39 | EPS (TTM) | 60.50 |
| P/B Ratio | 5.41 | Div Yield | 0.00% |
| Industry P/E | 21.78 | Book Value | 105.03 |
| Debt to Equity | 0.80 | Face Value | 10 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 11.95% | 17.51% | 15.86% |
| DIIs | 0.04% | 0.76% | 1.18% |
| Public | 13.04% | 11.72% | 11.20% |
| Promoters | 74.97% | 70.02% | 71.75% |
| Other Holders | 0.00% | 0.00% | 0.00% |
6. Adani Green Energy Ltd
Adani Green Energy Limited is also known as AGEL. The Adani Green Energy Limited company is a part of the Adani Group. The company is one of the most popular companies in the renewable energy industry.
Adani Green Energy is involved in the production of renewable green energy with the help of many methods like solar power, wind power, hybrid power, solar parks, and many more.
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | -₹471 |
| March 2020 | -₹61 |
| March 2021 | ₹182 |
| March 2022 | ₹489 |
| March 2023 | ₹973 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹59.00 |
| Mar 2023 | ₹492.00 |
| Jun 2023 | ₹273.00 |
| Sep 2023 | ₹294.00 |
| Dec 2023 | ₹139.00 |
Company Fundamentals
| Market Cap | ₹3,09,457Cr | ROE | 18.40% |
| P/E Ratio (TTM) | 212.35 | EPS (TTM) | 9.20 |
| P/B Ratio | 39.01 | Div Yield | 0.00% |
| Industry P/E | 21.78 | Book Value | 50.08 |
| Debt to Equity | 7.23 | Face Value | 10 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 18.25% | 18.16% | 18.03% |
| DIIs | 1.47% | 1.49% | 1.50% |
| Public | 24.00% | 24.09% | 24.10% |
| Promoters | 56.27% | 56.26% | 56.37% |
| Other Holders | 0.00% | 0.00% | 0.00% |
7. Adani Ports and Special Economics Zone Ld
Adani Ports and Special Economics Zone Ld is also known as Adani Ports. The Adani Ports is also a part of the Adani Group. The company was founded in 1998 and the the current managing director of the compnay is Mr. Gautam Adani.
As the name suggests the Adani Port compnay is involved in the business of the ports, dredging, logistics, industrial land, terminals, etc. The compnay operates in many countries and India the compnay is the largest company in the industry.
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | ₹4,045 |
| March 2020 | ₹3,785 |
| March 2021 | ₹5,049 |
| March 2022 | ₹4,953 |
| March 2023 | ₹5,393 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹1,337 |
| Mar 2023 | ₹1,141 |
| Jun 2023 | ₹2,119 |
| Sep 2023 | ₹1,762 |
| Dec 2023 | ₹2,208 |
Company Essentials
| Market Cap | ₹2,82,352Cr | ROE | 16.29% |
| P/E Ratio (TTM) | 39.05 | EPS (TTM) | 33.47 |
| P/B Ratio | 5.80 | Div Yield | 0.38% |
| Industry P/E | 32.74 | Book Value | 225.42 |
| Debt to Equity | 1.03 | Face Value | 2 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 16.99% | 13.83% | 14.72% |
| DIIs | 12.45% | 13.27% | 12.01% |
| Public | 7.66% | 7.37% | 7.39% |
| Promoters | 62.89% | 65.53% | 65.89% |
| Government | 0.00% | 0.00% | 0.00% |
FAQs
As of now, there are no Adani Group penny stocks but there are many Adani Group stocks available at very huge discounts. So, you can take benefits of it but make sure you are not investing blindly.
It is hard to say because it depends from person to person. There are a lot of Adani group companies involved in the multiples business. So, you can invest in those stocks that fit your analysis.
Final Words: All the allegations against the Adani group are under investigation. So, always keep that in mind when the news of the investigation results in the future all the Adani stock may fall badly or move up. As there are no Adani penny stocks, we shared some best and highly discounted shares of the Adani group.