ADANI POWER Share Price Forecast 2023, 2025, 2030, 2050
ADANI POWER Share Price Forecast
The ADANI POWER share price has been on a roller coaster ride in recent years. After hitting an all-time high in early 2018, the stock price has tumbled down to current levels. Investors are wondering if this is a good time to buy ADANI POWER shares. In this blog post, we will take a look at the ADANI POWER share price forecast for 2019 and beyond. We will also discuss the factors that could impact the share price in the future.
What is ADANI POWER?
ADANI POWER is an Indian multinational power generation company headquartered in Ahmedabad, Gujarat. The company is engaged in the business of generation, transmission, and distribution of electricity. It has a portfolio of power plants with a total installed capacity of 10,480 MW.
The company was founded in 1996 by Gautam Adani. It is a part of the Adani Group, one of the largest business conglomerates in India. Adani Power is listed on the Bombay Stock Exchange and the National Stock Exchange of India.
In May 2018, Adani Power acquired a 100% stake in KSK Mahanadi Power Company Limited (KSKMPCL), a 1,600 MW thermal power plant in Odisha from KSK Energy Ventures Limited (KSKEV). The acquisition was made through a share purchase agreement for an enterprise value of Rs. 9,200 crores.
ADANI POWER Share Price Forecast
The ADANI POWER share price has been on a steady decline over the past year and is currently hovering around the Rs. 15 mark. However, we believe that the company’s strong fundamentals and robust growth prospects warrant a higher stock price. In our view, the ADANI POWER share price could reach Rs. 20 over the next 12 months, representing an upside of 33%.
Here’s a detailed analysis of the factors driving our ADANI POWER share price forecast:
ADANI POWER is one of India’s leading power generation companies, with an installed capacity of 10,480 MW. The company has a diversified mix of thermal, solar, and hydropower plants across 11 states in India. It also has long-term PPAs in place for nearly 80% of its total capacity, which provides it with stable revenues and earnings visibility.
Moreover, ADANI POWER is well-placed to benefit from the growing demand for power in India. The country’s power sector is undergoing a massive transformation, with investments totaling close to $250 billion expected over the next 5 years. This will lead to a significant increase in demand for electricity, providing a big boost to ADANI POWER’s business.
Robust Growth Prospects:
In addition to strong fundamentals, ADANI POWER also has robust growth prospects. The company is expanding its capacity aggressively and is on track to become one of the largest power producers
Adani Power shares History
Adani Power’s share price has been on a roller coaster ride in the last few years. The stock hit an all-time high of Rs 165 in May 2014 but then fell to Rs 63 in December 2016. Since then, it has recovered somewhat to its current level of Rs 85.
What has driven this volatility? Let’s take a look at Adani Power’s share price history.
Adani Power went public in 2007 with an IPO that was oversubscribed nearly 60 times. The company raised Rs 1,600 crore at a price of Rs 50 per share.
Post-listing, the stock rose sharply and hit a high of Rs 165 within seven months. This was driven by strong earnings growth as well as positive sentiment towards the power sector.
However, Adani Power’s fortunes changed after the government started cracking down on the power sector. This led to lower demand for power and higher fuel costs, both of which hit Adani Power’s bottom line. As a result, the stock fell sharply from its highs.
In recent years, there has been some respite for Adani Power as coal prices have come down and demand for power has increased. This has helped the company post better results and the stock has recovered somewhat from its lows.
Looking forward, Adani Power is likely to benefit from further improvements in the power sector as well as from its expansion plans. The stock remains a good long-
Adani Power share price target 2022
As per the latest share price forecast by analysts, Adani Power Ltd. is expected to hit a target price of Rs. 38 in the next 12 months. This would be an upside of almost 20% from the current market price of Rs. 32. The company has been in the news recently for its impressive performance in the last quarter, which has led to a revision in the share price target by many brokerages.
Adani Power is one of India’s leading private-sector power generation companies with an installed capacity of over 10,000 MW. The company has a strong presence in both thermal and renewable energy sources and has a well-diversified portfolio of power plants across various states in India.
The company reported a consolidated net profit of Rs 1,038 crore for the quarter that ended September 30, 2020, up sharply from Rs 241 crore in the year-ago period. The surge in profits was mainly on account of lower fuel costs and higher other income. Total income during the quarter rose to Rs 7,290 crore from Rs 6,837 crore in the year-ago period.
For the first half of FY21, Adani Power posted a consolidated net profit of Rs 2,108 crore as against a loss of Rs 916 crore in H1FY20. Total income during April-September 2020 stood at Rs 13,786 crore compared to Rs 12,291 crore in H1FY20.
The better-than-expected results led
Adani Power share price target 2025
The Adani Power share price target for 2025 is set at Rs. 500. This target was set by analysts at IDBI Capital in a research report released on Thursday. The report has a “buy” rating on the stock with a 12-month target price of Rs. 138.
Adani Power shares have been on a roll this year, rising nearly 50% since January. The stock has outperformed the Sensex by a wide margin and is currently trading at its all-time high.
The strong performance of the stock is primarily due to the turnaround in the company’s fortunes. Adani Power posted a profit of Rs 261 crore in FY17, compared to a loss of Rs 2,484 crore in FY16.
Going forward, analysts expect the company to benefit from higher tariffs, lower coal prices, and improving plant load factor (PLF). The IDBI report forecasts Adani Power’s earnings to grow at a CAGR of 45% over FY17-19E.
With favorable tailwinds and a strong track record of execution, we believe that Adani Power is well-placed to capitalize on the growth opportunities in the power sector. We maintain our “buy” rating on the stock with a 12-month target price of Rs 138.
Adani Power share price target 2040
As one of the leading power producers in India, Adani Power has a bright future. The company has an installed capacity of over 10,000 MW and is expanding its operations rapidly. With a strong focus on renewable energy, Adani Power is well-positioned to take advantage of the growing demand for clean energy in India.
Adani Power’s share price has been on a tear in recent years, rising from around Rs 50 in 2013 to over Rs 400 today. This reflects the strong growth prospects for the company. Looking ahead, we believe that Adani Power’s share price has the potential to reach Rs 1,000 by 2040. This would imply a compound annual growth rate (CAGR) of ~15%.
The main driver of our bullish view of Adani Power is the company’s exposure to the high-growth Indian power market. India is expected to see rapid economic growth over the next few decades, which will lead to a sharp increase in demand for electricity. Adani Power is well-placed to benefit from this trend as it expands its operations and increases its installed capacity.
Another key reason for our optimistic view on Adani Power is the company’s focus on renewable energy. India is aiming to install 175 GW of renewable energy by 2022, and Adani Power is well-positioned to tap into this growing market. The company has already developed a large solar power plant in Rajasthan and is looking to build more such projects across India
Adani Power share price target 2050
The Adani Power share price target for 2050 is $28.50. The company’s current share price is $4.38, and its shares are trading at a PE ratio of 11.8 times FY20 earnings.
Adani Power is an Indian power generation company that is part of the Adani Group. The company was founded in 1996, and it operates a portfolio of thermal power plants in India with a total capacity of 10,480 MW.
The company has been through a tough few years, plagued by operational issues and debt concerns. However, it has recently turned things around and is now on a sounder financial footing.
Looking ahead, we believe that Adani Power will continue to benefit from the growing demand for power in India. It is also well-positioned to take advantage of the government’s push for renewable energy. We expect the company’s earnings to grow at a compound annual rate of 15% over the next five years, which should support its share price growth. As such, we have a buy rating on the stock with a target price of $28.50 by 2050.
Is Adani Power share good for the long term?
If you are looking for a long-term investment option in the power sector, then Adani Power share could be a good choice. The company is one of the leading players in the power sector in India with a strong track record of delivering quality power at affordable prices.
Adani Power has a diversified portfolio of thermal and renewable power plants across India, which gives it a hedged exposure to different fuel prices. This diversification also reduces the company’s dependence on any single source of raw material or fuel.
The company has been able to consistently maintain its profitability and dividend payouts even during tough times for the power sector. This reflects the strength of Adani Power’s business model and its commitment to shareholders.
Looking ahead, Adani Power is well-positioned to benefit from the growing demand for power in India. The government’s focus on the electrification of rural areas and the rollout of new schemes such as UDAY is likely to provide a tailwind for the company’s growth.
We believe that Adani Power is a good long-term investment option in the power sector.