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HomeSHARE MARKET2 Crore Smart Meters Order; 25 Crore Smart Meters Need; Share Will...

2 Crore Smart Meters Order; 25 Crore Smart Meters Need; Share Will Double

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Adani Energy Solutions Ltd (NSE: ADANIENSOL): There’s been a surge in the share price of Adani Energy Solutions Ltd, which is a subsidiary of Adani Group. 

The value of the shares was at the mark of 1189.90 at BSE at one point on Monday and was up by around 10. This is near the 52-week peak of 1250 rupees.

The motive behind the increase in the share price of Adani Energy Solutions is not evident. 

The company did not announce any significant news regarding the company’s announcement until around 3:30 pm.

What Are The Major Areas Of Interest For The Business

Adani Energy Solutions has a special focus on smart meter market share. The company hopes to secure a 25 percent market share in this industry. 

The Adani Group company also has a large amount of work orders. The smart meters orders originate from Mumbai (11 lahks), Maharashtra Discom (1.15 crore), Uttarakhand (6 lahks), Andhra Pradesh (41 lahks), Bihar (28 lakh) and Assam (8 lakh). 

Adani Energy Solution, the company’s affiliate Adani Electric City Mumbai has also put in seven lakh meters. Adani Energy Solution has orders for 2 crore smart meters.

If the government chooses to implement intelligent smart meters it’s predicted that approximately 25 crore intelligent meters will be needed within the next five to seven years. 

In such a scenario, Adani Energy Solutions will be given a huge chance to accelerate its growth.

How Has The Business Performed On The Market For Stocks?

The shares for Adani Energy Solutions have seen an increase of 32.6 percent over the past six months. 

At the same time, those who have held the shares for a full year have earned an income of 57.5 percent to date.

About Adani Energy Solutions Ltd Company

Adani Energy Solutions Limited is an Indian-based company. The company is a private-sector power distribution and transmission company that is engaged in creating commissioning, installing operating, and repairing electric power transmission networks. 

The segments of the company are Transmission, GTD Business, and Trading. Its Transmission segment is responsible for providing transmission lines to facilitate power transmission. 

This GTD Business segment is involved in the generation, transmission, and as well as distribution (GTD) for power-related companies that are located in Mumbai City (Mumbai GTD Business) and Mundra distribution. 

Trading is primarily involved in the trading of products. The total operating revenues of the company are 688.00 crores and the equity capital of the company totals 1115.49 crores.

Fundamental Analysis of Adani Energy Solutions Ltd

Market Cap₹ 1,31,187 Cr.
Current Price₹ 1,180.05
52-wk High₹ 1,250
52-wk Low₹ 686
Stock P/E110.14
Book Value₹ 107
Dividend0.00 %
ROCE10.2 %
ROE11.6 %
Face Value₹ 10.0
P/B Value11.0
OPM34.7 %
EPS₹ 10.4
Debt₹ 36,031 Cr.
Debt to Equity3.03

Adani Energy Solutions Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹1200₹1400
2025₹1425₹1600
2026₹1622₹1725
2027₹1800₹1898
2028₹1922₹2054
2029₹2200₹2415
2030₹2545₹2701
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Adani Energy Solutions Shareholding Pattern

Promoters Holding
Dec 202274.19%
Mar 202371.64%
June 202368.27%
Sept 202373.22%
Dec 202373.22%
FII Holding
Dec 202219.32%
Mar 202321.04%
June 202319.65%
Sept 202317.74%
Dec 202317.49%
DII Holding
Dec 20223.78%
Mar 20233.80%
June 20233.82%
Sept 20233.87%
Dec 20233.82%
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Public Holding
Dec 20222.72%
Mar 20233.51%
June 20238.26%
Sept 20235.17%
Dec 20235.46%

Adani Energy Solutions Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 7,305 Cr
2020₹ 11,416 Cr
2021₹ 9,926 Cr
2022₹ 11,258 Cr
2023₹ 15,258 Cr

Last 5 Years’ Net Profit:

2019₹ 559 Cr
2020₹ 706 Cr
2021₹ 1,290 Cr
2022₹ 1,236 Cr
2023₹ 1,254 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20193.87
20204.51
20214.23
20224.35
20232.93

Last 10 Years’ Profit Growth:

10 Years:
5 Years:2%
3 Years:21%
Current Year:9%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:11%
3 Years:13%
Last Year:12%

Sales Growth Over 10 Years:

10 Years:
5 Years:28%
3 Years:5%
Current Year:18%

Conclusion

This article is a complete guide about Adani Energy Solutions Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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