Adani Power is a company of the Adani group. The company has huge potential to give a massive return in the next few years. As of now, there are only a few stocks that are fundamentally strong among the stocks of their sectors. Adani Power share price target can be very big but there are a few conditions which are shared below.
From the start of 2021, the Adani power share price starts moving up. There were many reasons behind the upside move. Not only Adani Power but also a lot of stocks in the same sectors start moving up because government starts supporting the sector in multiple ways to make India more powerful.
Everything was going well but on 24 January Hindenburg publishes a report again on the Adani Group stocks. In the report, it was mentioned that “stock manipulation, accounting fraud, etc As a result All the Adani Group stocks crashed, and as of now many stocks recovered a lot.
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About Adani Power
Adani Power was founded in 1996 and as of now, its managing director is Mr. Anil Sardana. The company is an Indian company it is a company of the Adani Group.
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
Not, only this there are two plants that will be action once all the work is complete. The plants are Godda, Jharkhand, and Singrauli, Madhya Pradesh.
Company Fundamentals
Company Fundamentals is one of the best ways to analyze stocks for long-term investing. In the company fundamentals, there are a lot of things available that indicate the company’s strength. On which investors can take the decision to invest in the stock or not.
To get maximum return on your investment you need to invest in the right stocks. Once you start investing in good stocks with proper research your returns on the stocks will be increased in the long term.
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 17 August 2023.
Revenue Growth (Last 5 Years)
| Year | Revenues (In Crores) |
|---|---|
| March 2019 | 3,469.87 |
| March 2020 | 1,916.16 |
| March 2021 | 581.54 |
| March 2022 | 31,779.50 |
| March 2023 | 41,201.19 |
Quarterly Results (Last 5 Quarters)
It is the total income from operations (net sales/income from operations and other operating income).
| Quarter | Total Income (In Rs. Cr.) |
|---|---|
| Jun 2022 | 12,612.55 |
| Sep 2022 | 72.76 |
| Dec 2022 | 7,635.49 |
| Mar 2023 | 9,506.53 |
| Jun 2023 | 8,510.88 |
Company Essentials
| Title | Value |
|---|---|
| MARKET CAP | Rs. 1,10,501.30 Cr |
| ENTERPRISE VALUE | Rs. 1,41,615.31 Cr. |
| NO. OF SHARES | 385.69 Cr. |
| P/E | 8.62 |
| P/B | 3.04 |
| FACE VALUE | Rs. 10 |
| DIV. YIELD | 0 % |
| BOOK VALUE (TTM) | Rs. 94.26 |
| CASH | Rs. 1,692.34 Cr. |
| DEBT | Rs. 32,806.35 Cr. |
| EPS (TTM) | Rs. 33.25 |
| SALES GROWTH | 32.37 % |
| ROE | 43.89 % |
| ROCE | 17.84 % |
| PROFIT GROWTH | 103.44 % |
Share Holding Pattern
| Held By | Holding % |
|---|---|
| FII | 11.95 % |
| DII | 0.04 % |
| Public | 13.04 % |
| Promoters | 74.97 % |
| Other Holders | 0.0% |
Promoter Pledging %
| Date | Promoter % | Pledge % |
|---|---|---|
| Jun 2023 | 74.97 | 25.06 |
| Mar 2023 | 74.97 | 25.15 |
| Dec 2022 | 74.97 | 25.01 |
| Sep 2022 | 74.97 | 25.01 |
| Jun 2022 | 74.97 | 25.33 |
Thumb Rules for Investing
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 worse market crash.
Note: There are not sufficient rules that will make you high-level investors. In different stocks and sectors, there are multiple factors investors proper to check 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, 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 the 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 stocks of a sector. When any sector will face 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, and as a result, they did not get good returns on their investments.
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 Power Share Price Target
As of now the stock is very good and it is the largest thermal power producer in India. In the upcoming few years, there will be use of thermal power and other power which belongs to green energy. Not only the company but the government also have a lot of plans for green energy and other power producers which do not harm nature a lot.
In the company or stock, almost everything is good according to the business model and the current fundamental information. The only problem is if the reports shared by Hindenberg If the report shared by Hindenberg is current then we can see a major crash in the Adani Group stocks. As of now, the SEBI is investing in the case.
If the case does not goes against the Adani and everything shared by Hindenberg is current then we can see a massive upside in all the stocks of Adani Group.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your own analysis or ask your financial advisor before investing. We will not be responsible for any loss or profit.
Adani Power Share Price Target 2023
As of now, the stock is currently trading near resistance at Rs. 287 – 289. It is consolating just below the resistance for a few days. In these types of cases most of the time if it gives a breakout and is sustained above the resistance then we can see that target of Rs. 315 – 320 in 2023.
In case, it does not break the resistance then the Adani Power can consolidate in a range for a few days to weeks. You can follow the below-shared levels to get some idea about the price action.
Adani Power Share Price Target 2024
As we already mentioned above that SEBI is investigating the Adani case and they need a lot of time because the data they need to investigate is very big. As there is also no news from the SEBI regarding the date. So, plan your buying very carefully. We can see a good upside move only when all the allegations are removed from Adani.
According to the current price action in 2024, the Adani Power share price target should go near Rs. 360 – 380. As the stock is bullish and taking support from the trendline.
Adani Power Share Price Target 2025
As you can see the stock is continually taking support from the trendline and the things keep happening then we can see a down move in the stock for the short term.
The logic behind it is that the if the price will hit multiple times resistance or support, the resistance or support will become very weak as a result after some time the stock can easily break it.
The more time it will take to break the support or resistance the bigger move can happen.
Any stock does not go upside every year. If Adani Power breaks the resistance or the target for 2024. Then there is a chance that the stock can create a new all-time high. As the resistance is also near the Adani Power all-time high.
FAQs
As of now the Adani Power stock looking bullish and going up by taking support to a trendline. In case, it breaks the trendline and the support then we can see a down move in the stock for the short term.
Adani Power’s share price target for 2023, 2024, and 2025 is shared above.
Adani Power is the largest thermal power-producing company in India. In the future, the consumption of power will increase very rapidly. The business model of the Adani Power company is good. The future of Adani Power is very bullish.
Of course, it will grow in the future. The business model and they are also adding more plants to grow their company. Adani Power is India’s largest power-producing company as of now.
Final Words: The consumption of power in the future will grow and the Adani Power is India’s largest thermal power-producing company. It is highly predicted that the company will grow in the future. If the company will grow then Adani share price target will also grow a lot.