Adani Power Share Price Target 2024, 2025, 2026, 2027, 2030

Adani Power Share Price Target 2024 : Hello! It seems like you’re interested in learning about Adani Power shares. Adani Power is indeed a part of the Adani Group. After the controversy surrounding the Mundra power project, all Adani Group companies initially faced a negative impact. However, gradually, the shares of all Adani Group companies, including Adani Power, have been recovering.

Investors who have invested in Adani Power shares are eager to know about its future prospects, whether the share price will increase or if there will be further decline. Let’s explore further details about Adani Power shares.

Adani Power Share Information

Adani Power Limited is a part of the Adani Group and is India’s largest private thermal power producer. Its headquarters are located in Ahmedabad, Gujarat. The company currently has a power generation capacity of 13,650 megawatts, including 13,610 megawatts from thermal power plants and 40 megawatts from solar energy projects.

Adani Power was the first company in India to commission 660 megawatts supercritical technology units. Recently, it completed the construction work of a 1,600 megawatts greenfield ultra-supercritical power project in Jharkhand.

The company was established on August 22, 1996, with Shri Gautam Adani as its founder. Adani Power’s IPO was launched on July 28, 2009, and its shares were listed on the NSE and BSE on August 20, 2009.

Adani Power Share Price Target 2024

Adani Power has provided excellent returns to both long-term and short-term investors. Looking at the Adani Power Share Price History, it appears highly attractive. In the past month, the share has delivered a remarkable return of 8.94%, while over the last 6 months, it has surged by 73.30%. Moreover, in the past year, the share has seen an impressive growth of 245.58%, and over the last 5 years, it has delivered a staggering multi-bagger return of 1,312.67%.

Considering the past share price history, if we talk about the Adani Power Share Price Target for 2024, the share price could range between 600 to 650 rupees in 2024.

Adani Power Share Price Target 2025

Adani Power is currently working on two upcoming projects. If these projects are completed on time, the company’s share price could witness significant growth. The first major project of Adani Power is a 1600 megawatt ultra-supercritical coal-based thermal power plant in Godda, Jharkhand. The estimated cost of this project is approximately ₹13,450 crore, and it is expected to be completed by 2025.

The second project of Adani Power involves the expansion of the existing 1200 megawatt power plant in Singrauli, Madhya Pradesh. Adani Power plans to expand this plant through its subsidiary company, Mahan Energy Limited. The company aims to add two new units, each with a capacity of 800 megawatts. However, these projects are awaiting approval.

Additionally, Adani Power is venturing into the renewable energy sector. The company recently announced a 1000 megawatt solar energy project in Gujarat. While the company has announced these projects, work has not yet commenced on them.

Considering these factors, if we discuss the Adani Power Share Price Target for 2025, the share price could range between ₹670 to ₹740.

Adani Power Share Price Target 2026

Considering the impressive growth in Adani Power’s sales and net profit over the years, along with the significant reduction in the company’s debt, the prospects for its share price appear promising.

In March 2021, Adani Power’s total sales were ₹26,221 crore, which increased to ₹27,711 crore in March 2022, and further surged to ₹38,773 crore in March 2023.

Similarly, the company’s net profit has shown remarkable growth year by year. In March 2021, Adani Power reported a net profit of ₹1,270 crore, which increased to ₹4,912 crore in March 2022, and significantly rose to ₹10,727 crore in March 2023.

Considering these factors, if we discuss the Adani Power Share Price Target for 2026, the share price could range between ₹765 to ₹830.

Adani Power Share Price Target 2027

Moreover, Adani Power is focusing extensively on power production. With plants spread across almost all states in India, the company is efficiently meeting the demand for power production. Additionally, the management is preparing to invest in several new plants to solidify its position in the power production sector.

Furthermore, if we look into the future and discuss Adani Power Share Price Target for 2027, the share price could touch the target price range of ₹860 to ₹920.

Adani Power Share Price Target 2030

Expanding its business not only within India but also overseas, Adani Power is strategically focusing on countries like Bangladesh, Nepal, and Bhutan. Diversifying its operations internationally could significantly bolster the company’s business prospects.

In the long term, Adani Power has demonstrated impressive returns for investors. Those who hold onto this share until 2030 could potentially witness substantial returns.

Considering these factors, if we discuss the Adani Power Share Price Target for 2030, the first price target could be around ₹1710, and the second target could be around ₹1850.

Warning : The data shared regarding the Adani Power Share Price Target was based on our research and estimates. However, it's important to note that the actual share price of Adani Power could be higher or lower than the targets provided. The share price of any company depends on its business performance and fundamentals. Before investing in any company's shares, it's advisable to seek advice from a financial advisor.

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