Adani Power Share Price Target: Friends, Adani Power, which comes on the list of all the big companies, is one of the largest companies in India, and it produces electricity in the private sector. This company is one of the Adani companies. This company has been rapidly developing its energy production capacity and various business areas for the last several years. Let us tell you that due to the increasing energy demand in India and the increasing trend towards green energy, the future of Adani Power is bringing very good prospects for all investors. Friends, with the help of today’s article, we will analyze the share price target of Adani Power and will also tell where its potential value can reach in the coming years 2024, 2025, 2026, 2030, and 2040.
Friends, let us inform you that Adani Power Limited is one of the companies of the Adani Group. Its headquarters is in Ahmedabad, Gujarat. This company implements projects related to the production of electric power.
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Currently, Adani has become the largest company in the energy sector. Adani has many such companies that are operational in India and are doing very good work. All the companies in the Adani Group do business in different categories. It is a world-class integrated infrastructure that handles different businesses spanning coal trading, coal mining, oil and gas exploration, ports, multi-modal logistics, power generation and transmission, and gas distribution.
Adani Power Details Overview
| Establishment Year | August 22, 1996 |
| Headquarter | Ahmedabad, Gujarat |
| Name of the company | Adani Power Limited) |
| Share Listing Date | August 20th, 2009 |
| Where are the share listed | NSE & BSE |
| NSE Code | ADANIPOWER |
| BSE Code | 533096 |
| Founder | Mr. Gautam Adani |
| Face Value | ₹10 |
| Market Cap | ₹ 2,67,696 Cr. |
- 2024 First target: ₹715
- 2024 Second target: ₹732
- 2024 Third target: ₹760
Talking about the target share price of Adani Power share price, this share can reach up to ₹ 760 by the end of 2024. If you are an investor in this share, then you can wait till the end of 2024. The fundamentals of this share are also very good. Some investors are estimating that it can touch the target price of ₹ 760 by the end of 2024.
Financial Stats of Adani Power
| CMP | ₹ 597.35 |
| Face Value | ₹ 10.0 |
| 52W High | ₹ 599.95 |
| 52W Low | ₹ 593.50 |
| Market Cap | ₹ 2,30,240 Cr. |
| ROE | 22.73% |
| P/E Ratio | 18.10 |
| Industry P/E | 26.23 |
| Debt to Equity | 0.67 % |
- 2025 First target: ₹770
- 2025 Second target: ₹795
- 2025 Third target: ₹807
Friends, if we talk about holding this share in the future, then we can hold this share in the future because this share is currently touching its high, and currently, this share is standing at a share price of ₹597.35. The technical and financial position of this share is also very strong. In 2025, the first target of this share is expected to be ₹770, the second target is ₹795, and its third target is expected to be ₹807.
- 2026 First target: ₹840
- 2026 Second target: ₹865
- 2026 Third target: ₹900
Let us tell you that the market capital of this share is currently around ₹ 2,67,696 crores, and currently, its ROE is positive. However, the ROE of this share can be even better in the coming years. According to the technical analysis of some investors, the first target price of this share is ₹ 840, the second target is ₹ 865, and its third target can be up to ₹ 900.
- 2030 First target: ₹1840
- 2030 Second target: ₹1900
- 2030 Third target: ₹1990
As you all know, Adani Power shares have given very good returns in the last few years, which has attracted a lot of investors. Let us tell you that the sales of June 2024 are around ₹ 14,956 crore, in which the total expense of the company is ₹ 8,761 crore; that is, the cool operating profit was ₹ 6,194 crore. After deducting the total expense, the company has made a profit of about ₹ 3,913 crore, which is much better than the last few quarters.
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Adani Power share price may be around ₹1840 to ₹1990 in 2030
If you are an investor in this stock, then you can wait till the end of 2024. The fundamentals of this stock are also very good. Some investors are estimating that it can touch the target price of ₹ 760 by the end of 2024.
Currently the total market capital of Adani Power shares is around ₹ 2,30,240 crore
My name is Vijay Kant Sharma, and I have been providing stock market news to all my readers for the last three years. I have shared stock market articles on many websites in my career. This time, I will provide you with all the information about the Indian stock market on Groww Stock.
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