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HomeSTOCKSBuy This Adani Share; 50% Return Expected From This Level; ₹3654 Share...

Buy This Adani Share; 50% Return Expected From This Level; ₹3654 Share Target

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Adani Enterprises Ltd (NSE: ADANIENT): Adani Enterprises’ share rose by more than 5 percent (5.79%) on Monday (January 29). A brokerage firm estimates that the stock will rise by 50 percent. 

The brokerage firm claims that the path to self-reliant India is completed only through Adani Group.

Adani Enterprises, according to the analyst, is at the core of everything India aspires to achieve.

Adani Enterprises’ current valuation does not reflect this. The analyst believes that all existing business segments will be demerged in the future. 

Investors have been informed about Adani Group based on the short seller’s report at the start of 2023.

Adani Group Cannot Be Ignored Because It Is So Large

Adani Group took steps following that report to reduce liquidity risks, improve corporate governance, and increase transparency. 

The brokerage said that the Adani Group is so big that it cannot be ignored. Adani, it is said, needs this country just as much as Adani needs the country.

Adani Enterprises: 3 Businesses In Focus

The analyst’s evaluation is based largely on three segments of business. First, the airport business. 

The airport business consists of 8 airports. 7 of them are currently operational, and the eighth is Navi Mumbai Airport. 

The project is expected to be finished by the end of 2024. The brokerage firm estimated that the airport business is worth Rs 1655 per share.

The road business is the second, with a value of around Rs 1525 per share. Solar, wind, and electrolyzers are the third business. 

This business is valued at Rs 1511 per share.

Adani Enterprises’ Target Price

The brokerage firm set a target price of Rs 3654 per share and rated this stock as BUY. 

It is estimated that this represents a 50 percent rise compared to the closing price on Thursday. 

Shareholders get the value of the six remaining businesses for almost nothing. The current valuation of the stock is attractive because it is a good investment. 

Adani Enterprises’ shares are approaching levels seen before the Hindenburg Report.

About Adani Enterprises Ltd

Adani Enterprise Ltd, incorporated in 1993, is the flagship company of the Adani Group. It acts as an incubator for new business ventures.

The company promotes and develops RE-based products such as solar, wind, RE-based storage systems, trading of electricity, green hydrogen and green ammonia. This company also has a Category 1 Power Trading License.

Adani Enterprises Ltd is involved in a wide range of economic sectors, including mining, integrated resource management (IRM), airports, roads and rail/metro, water, data centers, solar manufacturing, agriculture, and defence.

Fundamental Analysis of Adani Enterprises Ltd 

Market Cap₹ 3,49,256 Cr.
Current Price₹ 3,061
52-wk High₹ 3,199
52-wk Low₹ 1,017.45
Stock P/E143.58
Book Value₹ 322
Dividend0.04 %
ROCE9.49 %
ROE9.63 %
Face Value₹ 1.00
P/B Value9.59
OPM9.60 %
EPS₹ 21.4
Debt₹ 57,145 Cr.
Debt to Equity1.56

Adani Enterprises Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 3200₹ 3800
2025₹ 4100₹ 4300
2026₹ 4650₹ 4700
2027₹ 4800₹ 5000
2028₹ 5050₹ 5200
2029₹ 5600₹ 6100
2030₹ 6200₹ 6660
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Adani Enterprises Ltd Shareholding Pattern

Promoters Holding
Dec 202272.62%
Mar 202369.23%
June 202367.65%
Sept 202372.61%
Dec 202372.61%
FII Holding
Dec 202215.39%
Mar 202317.75%
June 202319.34%
Sept 202314.52%
Dec 202314.65%
DII Holding
Dec 20225.45%
Mar 20235.15%
June 20235.46%
Sept 20235.65%
Dec 20235.44%
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Public Holding
Dec 20226.53%
Mar 20237.87%
June 20237.54%
Sept 20237.23%
Dec 20237.30%

Adani Enterprises 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₹ 40,379 Cr
2020₹ 43,403 Cr
2021₹ 39,537 Cr
2022₹ 69,420 Cr
2023₹ 105,914 Cr

Last 5 Years’ Net Profit:

2019₹ 506 Cr
2020₹ 1,040 Cr
2021₹ 1,046 Cr
2022₹ 788 Cr
2023₹ 2,531 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190.67
20200.69
20210.89
20221.9
20231.2

Last 10 Years’ Profit Growth:

10 Years:13%
5 Years:27%
3 Years:46%
Current Year:116%

Last 10 years’ Return on Equity (ROE):

10 Years:7%
5 Years:6%
3 Years:7%
Last Year:10%

Sales Growth Over 10 Years:

10 Years:11%
5 Years:31%
3 Years:47%
Current Year:-14%

Conclusion

This article is a complete guide about Adani Enterprises 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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If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

Also Read: Buy Rating For This Share! Price ₹267; Don’t Sell, Share Target ₹312 And ₹331

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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