Adani Power Shares: Adani Power Share Price Today
Adani Power shares today traded at ₹638.00 with the gain of 21% from last 5 trading sessions. Adani Power shares opened at ₹630.15 as compared to the previous closing price of ₹617.85. It has listed on National Stock Exchange (NSE).
Day range for this has between ₹627.65-₹646.90 and year range has between ₹185.20-₹646.90 with the total market capitalization amounted at ₹2,38,300 Cr. The high for the day was ₹646.90, while the low was ₹627.65. The 52-week high was ₹646.90 and the 52-week low was ₹185.20. Its PE ratio is 10.21 and Sector PE ratio is 32.87. Its PB ratio is 7.93 and Sector PB ratio is 3.78. Dividend yield has not mentioned yet but sector Dividend yield is 1.37%.
Adani power limited is a holding company mainly provides electric power services which is generated by coal trading and coal-based thermal power plants.
Key Points
Adani Power Shares Peer Comparison
This is the peer comparison between Adani Power and other competitive companies to check Where does Adani Power stand in the market as compared to its competitors.
| Industry Name | PE Ratio | 1-Year Return | Buy Recommendation Percentage |
| NTPC Ltd | 20.14 | 97.55% | 85.71% |
| JSW Energy Ltd | 64.56 | 132.26% | 55.56% |
| CESC Ltd | 12.74 | 89.64% | 66.67% |
| Reliance Power Ltd | -27.13 | 205.77% | – |
Q3 Results Performance of Adani Power
Amongst the boom in the stock market, the shares of Gautam Adani’s company Adani Power are trading at a very great speed. Amongst the boom in the stock market, the shares of Adani Group are also making stormy rise. Out of 10 companies of the group owned by billionaire Gautam Adani are listed in the stock market, but at present only the shares of his Adani Power company are running with a stormy speed.
The stock has been in upper circuit for three consecutive days, on Wednesday also the stock rose by 5 percent to reach Rs 617.85. The special and surprising thing is that the shares price of this Adani Power stock has zoomed from Rs 26 to Rs 600 only in just 4 years.
In earning period Adani Power has generate revenue amounting 129.91B of 67.32%. Its expenses have amounted 16.32B of 11.82%. Net income has decreased from last quarter of 65.94B to 27.38B but has increased from last financial year (FY23) from 49.12B to 107.27B. EBITDA has 44.62B of 217.65%.
Financial History of Adani Power Over Last 5 Years
From last 6 months it has given great return of 75.89% and from last 1 year it has shown its potential and gives the return of 328.61%. From last 5 years it has given 1,190.77% which is blockbuster performance. Its revenue has grown at a rate of yearly 15.33% as compared to the industry average growth of 12.11%. Over the last 5 years its market shares have gained from 14.18% as compared to 15.87%. Also, net income has increased to ₹10,726.64Cr in FY23 as compared to the FY22 of ₹4,911.58Cr.
In April 2020 Adani Power share price was at just ₹26, but since then this stock gained strong momentum and kept increasing the amount invested by the investors. On April 1, 2021, the price of Adani Power Share had reached ₹89. Next year, on April 1, 2022, the price of this share had crossed ₹203. After that in year of 2023 the prices of Adani Power reached at ₹500 and now currently they are trading at ₹628.80. It has made such a huge jump in just 4 financial years.
Adani Power share price target
Share Price target of any share depend upon its company’s financial growth, its future plans, its position in the market, its values its investment metrices. Adani Power share price target is just a prediction which is calculated on the basis of above-mentioned key points because in the share market nothing remains static, this market is dynamic. Every day its trend changed. So, before making any investment or before taking any kind of risk concern with your financial expert.
Adani Power share price target 2024
Share Price Target for Adani Power for 2024 could be predicted in between the range of ₹685– ₹750. If the market remains predictable then this share price target could exceed the given estimated range of target.
Adani Power share price target 2025
Adani Power Share Price Target for 2025 could be predicted in between the range of ₹770 – ₹850. This target price is just predictions because market fluctuate every day. If the market remains bullish, then this target price can go up.
Adani Power share price target 2026
Adani Power share price target 2026 could be predicted in between the range of ₹855 – ₹950. Target price may be gone up depends upon its financial growth in coming years.
Adani Power share price target 2030
Share price target for 2030 can be predicted in the range of ₹1200 – ₹1275. This share price could be rise from this predicted price. It will depend upon its market trends and future growth. This share price target is offering an opportunity to its investors to earn good return on their investments.
About Adani Power Limited
Adani Power is an India’s multinational and power energy company. Adani Power is the subsidiary of Adani Group. It is established in 22 August, 1996 in Khodiyar, Ahmedabad and it is founded by Gautam Adani. It is a private thermal power plant producer, which has the capacity of 15,250 MW in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jharkhand. It has also mega solar plant of capacity 40MW at Naliya, Bitta, Kutch, Gujrat.
Adani Power is world’s first coal company based on Supercritical thermal power project which is registered under the Clean Development Mechanism (CDM) of the Kyoto protocol. Adani Power has a vision to become a world class leader in businesses to nourish the lives of nation and contribute in it to building infrastructure through sustainable value creation.
People also ask
Can I buy Adani Power share now?
You can easily buy Adani Power shares in any brokerage firm by creating a demat account and getting the KYC documents verified online.
Is it good to invest in Adani Power?
Adani power shows great long-term growth over the past years. So, it is a good investment option for investors. It has made great growth in just 4 years.
Is Adani Power listed company?
Yes, Adani Power is a listed company. It has listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) both on August 20, 2009.
What is the share price of Reliance Adani Power?
Reliance Adani Power is currently traded at ₹33.35 as compared to the previous close of ₹31.80.
What is the future prediction of Adani Power?
Share Price Target for Adani Power for 2024 could be predicted in between the range of ₹685– ₹750, Adani Power Share Price Target for 2025 could be predicted in between the range of ₹770 – ₹850 and Share price target for 2030 can be predicted in the range of ₹1200 – ₹1275. This share price could be rise from this predicted price.
Who is the CEO of Adani Power?
Vneet Jaain (14 May 2012–) is CEO of Adani Power.
Is Adani power private or government?
It is a private thermal power plant producer, which has the capacity of 15,250 MW in Gujarat.
Which states have Adani power?
Adani Power have states: Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jharkhand.
How many companies Adani own?
Adani has organised in 10 publicly traded companies.
What type of business is Adani power?
It is a private thermal power plant producer, which has the capacity of 15,250 MW in Gujarat. It has also mega solar plant of capacity 40MW at Naliya, Bitta, Kutch, Gujrat.
Who controls Adani Group?
Gautam Adani chairman controls Adani Group.
10 Things to know before investing in Adani Power Shares
Pros
- Adani Power has reduced its debt.
- Adani Power is expecting great results in coming quarter.
- Adani Power has provided great profit which has grown from few years of 48.1%CAGR
- Adani Power has provided good return of equity ratio (ROE) of 3 Years ROE 34.3%
- Adani Power’s holdings has increased by 1.73% as compared to last quarter
Cons
- Adani Power’s promoters’ holdings has decreased by -3.22% over 3 years.
- Adani Power stocks are currently trading 6 times as compared to its book value.
- Adani Power is not providing any dividend yet they are just reporting repeat profits only.
- Adani Power tax rates are seeming to be low
- Profits included with additional income amounting Rs. 9,966 Cr.
Disclaimer: The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions. The content reflects the market situation at the time of writing and is subject to change. The author and platform do not guarantee the accuracy or completeness of the information and shall not be responsible for any losses or damages occurs from actions taken based on the provided information.
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