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HomeSHARE MARKETDon't Sell This Share Before ₹842; Company Plans To Expand Thermal Capacity

Don’t Sell This Share Before ₹842; Company Plans To Expand Thermal Capacity

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Adani Power Ltd (NSE: ADANIPOWER) Multibagger Stocks Worth Buying: Today, in this post we’ll discuss about Adani Power latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

In the last couple of years, the shares of two major companies in the power sector – Adani Power and Tata Power have delivered multibagger returns. 

Both of these companies have demonstrated their ability to make investors wealthy. 

The shares in Adani Power, the power company of the Gautam Adani Group, have delivered more than 200 percent for shareholders within a single year.

What Do Experts Think?

According to market experts, Adani Power share is declining from their previous record-high levels. 

Experts say Adani Power shares look attractive in terms of value. Experts have urged mid- to long-term investors to hold off until an improvement in the market. 

Adani Power had hit a 52-week peak of about 646 rupees but has since fallen by about 8 percent. Adani Power’s share price has risen from around 100 rupees in January 2022 to around Rs 595 at present.

However, Adani Power shares remain attractive since the company continues to reduce its debt. 

Adani Power is also planning to increase the capacity of its thermal power plant to 21, up from 15.21 GW at present. These are encouraging signs.

What Is The Price Target?

Their view is favorable to the accumulation of Adani Power shares compared to Tata Power shares. 

But, it’s wise not to be waiting for a significant market correction before investing in a specific stock. 

Adani Power stock has the potential to reach the Rs 750 mark and then reach Rs 820 from an overall standpoint.

Expert said that Adani Power shares have formed solid foundations at the Rs 500 share level. Investors can continue a buy-on-dips strategy. Expert has said that Don’t Sell This Share Before ₹842.

About Adani Power Ltd

The company is a power generator in India with an energy generation capacity of 12450 megawatts (MW) consisting of 12.410 MW thermal power stations and the 40MW solar energy project.

It is focused on coal trading and power generation. 

The Company has constructed and manages through its subsidiaries more than 9.240 MW worth of power plant capacity including a 4,620 MW power plant of APMuL located in Mundra in Gujarat,

and the 3,300 MW plant of APML located at Tiroda located in Maharashtra and one of 1,320MW from APRL in Kawai situated in Rajasthan. 

The Company also owns three thermal power stations with an aggregate capacity of around 3,170 MW. 

This includes one 1,200 MW plant from UPCL in Udupi in Karnataka as well as the 1,370 MW plant of REL in Raipur within Chhattisgarh and the 600 MW power plant at REGL located in Raigarh located in Chhattisgarh. 

The subsidiaries of the Company comprise Adani Power (Jharkhand) Limited, Pench Thermal Energy (MP) Limited,  Mahan Energen Limited, Adani Power Dahej Limited and Kutchh Power Generation Limited.

Fundamental Analysis of Adani Power Ltd

Market Cap₹ 2,29,565 Cr.
Current Price₹ 600
52-wk High₹ 646.90
52-wk Low₹ 185.20
Stock P/E10.24
Book Value₹ 105
Dividend0.00 %
ROCE15.8 %
ROE44.8 %
Face Value₹ 10.0
P/B Value5.67
OPM32.3 %
EPS₹ 60.5
Debt₹ 32,367 Cr.
Debt to Equity0.80

Adani Power Ltd Shareholding Pattern

Promoters Holding
Mar 202374.97%
June 202374.97%
Sept 202370.02%
Dec  202371.75%
Mar 202471.75%
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FII Holding
Mar 202311.70%
June 202311.95%
Sept 202317.51%
Dec  202315.86%
Mar 202415.91%
DII Holding
Mar 20230.01%
June 20230.04%
Sept 20230.76%
Dec  20231.18%
Mar 20241.41%
Public Holding
Mar 202313.32%
June 202313.04%
Sept 202311.72%
Dec  202311.20%
Mar 202410.93%
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Adani Power Ltd 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₹ 23,884 Cr
2020₹ 26,468 Cr
2021₹ 26,221 Cr
2022₹ 27,711 Cr
2023₹ 47,230 Cr

Last 5 Years’ Net Profit:

2019₹ -984 Cr
2020₹ -2,275 Cr
2021₹ 1,270 Cr
2022₹ 4,912 Cr
2023₹ 23,334 Cr

Last 5 Years’ Debt-To-Equity Ratio:

2019-151.14
2020-24.5
202199.58
20228.86
20232.56
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Last 10 Years’ Profit Growth:

10 Years:21%
5 Years:48%
3 Years:120%
Current Year:130%

Last 10 years’ Return on Equity (ROE):

10 Years:11%
5 Years:24%
3 Years:34%
Last Year:45%

Sales Growth Over 10 Years:

10 Years:19%
5 Years:14%
3 Years:14%
Current Year:21%

Conclusion

This article is a complete guide about Adani Power 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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