Are you searching for Adani Power’s share price target? You can be certain that by reading this page until the end, you will receive a price prediction for Adani Power’s stock for the years 2023, 2030, and up to 2050.
Looking for a target price is a common practice among investors who have already invested in a company’s stock or those who are considering investing. The reason behind this is that having a target in mind helps them to invest accordingly and reach their investment objectives. Let’s begin our journey of exploring Adani Power’s stock price target.
About Adani Power Limited
Adani Power Limited (APL) is an energy company located in Khodiyar, Ahmedabad, that focuses on power generation. It is a division of the diversified Adani Group and is the most extensive private thermal power producer in India, with a power generation capacity of 12,450 MW. The company has thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, and Chhattisgarh, as well as a 40 MW solar power project in Gujarat.
Adani Power’s goal is to become a world-class leader in businesses that enhance people’s lives and contribute to nations by creating sustainable value through infrastructure development. Gautam Adani serves as the chairman of the company, with Rajesh Adani as director, Anil Sardana as managing director, and Chandra Iyengar as an independent and non-executive director.
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Adani Power Share Analysis
Data As of 25th August 2023
Current Market Price | Rs. 325 |
Market Cap | Rs. 1,25,370 Crore |
P/E Ratio | 8.52 |
EPS | 38.12 |
52 Week High | Rs. 420 |
52 Week Low | Rs. 132 |
Book Value | Rs. 76.8 |
Dividend Yield | 0.00% |
ROCE | 15.8% |
ROE | 44% |
Promoters Holding | 74.97% |
FIIs Holding | 11.95% |
DIIs Holding | 0.04% |
Public Holding | 13.04% |
Positive Points About Stock:
- The company has achieved a significant Compound Annual Growth Rate (CAGR) of 34.3% in terms of profit over the past five years.
- The company boasts an efficient cash conversion cycle, which takes only 36.66 days.
- The company stands to benefit from the expected growth of India’s green energy sector.
Negative Points About Stock:
- Over the past three years, the company has displayed weak profit growth, with only a 6.00% increase.
- Over the past three years, the company has demonstrated a negative revenue growth of -37.70%.
- The percentage of promoter pledging is high, at 25.15%.
- Adani Power faces tough competition from its primary rival, Tata Power.
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Adani Power Share Price Target 2023 to 2050
Adani Power has experienced a massive surge in the past two years, making it a multibagger share. In January 2021, the share price was Rs. 50, which climbed to Rs. 411 in August 2022 with a continuous rally. However, the stock saw a sharp decline in its price.
An old proverb states that all difficulties come together, and the same happened with Adani Power. Hindenburg Research released a report on all Adani Group shares, claiming that the rally in all Adani Group stocks was artificially created.
Following the publication of this report, Adani Power stock reached a bottom of Rs. 155 in February 2023. It has since shown a handsome recovery and is currently trading at Rs. 325 as of August 25th, 2023. It is interesting to see what will happen with the stock in the future.
Our team of experts has conducted fundamental and technical analysis and has established the following target prices for Adani Power shares for upcoming years.
![adani power share price target 2023](https://sharekingz.com/wp-content/uploads/2023/04/adani-power-share-price-target-1024x1024.webp)
Year | Adani Power Stock Price Target |
2023 | Rs. 432 |
2024 | Rs. 510 |
2025 | Rs. 570 |
2026 | Rs. 640 |
2027 | Rs. 730 |
2028 | Rs. 818 |
2029 | Rs. 899 |
2030 | Rs. 1,079 |
2031 | Rs. 1,187 |
2032 | Rs. 1,306 |
2033 | Rs. 1,698 |
2034 | Rs. 2,207 |
2035 | Rs. 2,869 |
2036 | Rs. 3,730 |
2037 | Rs. 4,476 |
2038 | Rs. 5,819 |
2039 | Rs. 7,565 |
2040 | Rs. 9,078 |
2041 | Rs. 10,712 |
2042 | Rs. 12,640 |
2043 | Rs. 14,915 |
2044 | Rs. 17,599 |
2045 | Rs. 20,767 |
2046 | Rs. 24,505 |
2047 | Rs. 28,916 |
2048 | Rs. 34,121 |
2049 | Rs. 40,263 |
2050 | Rs. 47,511 |
After reviewing this target price, it is essential not to immediately invest all your money in the stock. This target price is for educational purposes only, and there is no assurance that it will be accurate as the stock market is riddled with uncertainties. Many factors can influence the price of a stock, and some of them are mentioned below. Please continue reading to learn more.
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Why Invest in Adani Power Stock?
There are several compelling reasons to consider investing in Adani Power. The company’s ambitious plans to expand its renewable energy portfolio are expected to drive its growth in the coming years, leading to a steady rise in its stock price.
Additionally, the Indian government’s focus on reducing dependence on fuel energy and promoting green energy production is expected to benefit Adani Power and add value to its portfolio.
Furthermore, Gautam Adani’s visionary leadership and unwavering commitment to growth are highly regarded in the industry, making Adani Power an attractive investment opportunity. However, it is important to consult with a financial advisor before making any investment decisions.
FAQs Related to Adani Power Stock Price Target
Now, there are some frequently asked questions that investors have regarding the target price for Adani Power shares. Please take a look at them and see if you can find the correct answers.
Is Adani Power share good for long term?
Currently, Adani Power’s future seems promising. However, if you have invested for the long term, it is essential to periodically assess the company’s performance, so that you can adjust your portfolio accordingly.
Why Adani Power share is going down?
In February 2023, Hindenburg Research published a report citing negative aspects of the Adani Group, which caused a decline in all Adani stocks, including Adani Power.
Is Adani Power profitable?
Adani Power has reported a profitable performance, with an operating profit of Rs. 1469.73 Crores and a net profit of Rs. 8.77 Crores in the December 2022 quarter.
If you have any further questions regarding the target price of Adani Power stock, please feel free to leave them in the comment box below. Our team will promptly respond to your inquiries.
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