Adani Power Share Price Target 2023,2024 & 2025

Share of Adani Power Limited is currently trading at around Rs.236/- Existing as well as prospective investors are asking for Adani Power Share Price Target 2023 as well as target share price for other years from 2024 to 2030. In this article, we will discuss about the business prospects and financial performance of Adani Power Ltd and based on our discussion and analysis will tell you the Adani Power Share Price Target 2023 as well as target share price for other years from 2024 to 2030. 

Following are the frequently asked questions by the existing as well as prospective investors, about Adani Power Limited :

• What is the price of Adani Power shares in 2025?
• What is the future prediction for Adani Power share 2023?
• What is the share price of 2023 Adani Power?
• What will be Adani share price in 2024

Discussion & Analysis of Business & Financial performance of Adani Power Limited:

Adani Power Limited is an Indian power and energy company which is a part of Adani Group. Based in Khodiyar in Ahmedabad, it is a private thermal power producer, with a capacity of 12,450 MW and operates a mega solar plant of 40 MW at Naliya, Bitta, Kutch, Gujarat.

Adani Power was started as a power trading company in 1996. In 2009, it started generation in July 2009 by RAM implementation of its first 330 MW of 4,620 MW at Mundra. This is the largest single location coal-based power project in India. In 2010, the company commissioned another three 330 MW by November 2010 and country’s first supercritical unit of 660 MW on 22 December 2010, making its capacity 1,980 MW. In 2011, on 6 June 2011, it synchronised its second unit of 660 MW bringing the total generating capacity to 2,640 MW and on 2 October 2011, it synchronised its third super critical unit with national grid.

Adani Power has a long-term power purchase agreement (PPA) with the government of Gujarat for 4,620 MW of its Mundra project. The company also has PPAs with the governments of Maharashtra, Haryana, Rajasthan, Karnataka, and Punjab.

Adani Power’s business and financial performance has been strong in recent years. In the fiscal year 2022, the company reported a net profit of ₹1,134 crore (US$140 million), up from ₹982 crore (US$120 million) in the previous year. The company’s revenue also increased from ₹14,822 crore (US$175 million) in FY21 to ₹16,145 crore (US$189 million) in FY22.

Adani Power’s future prospects are positive. The company is well-positioned to benefit from the growing demand for power in India. The company is also expanding its renewable energy portfolio. In 2022, Adani Power commissioned a 40 MW solar power plant in Gujarat. The company plans to add an additional 2,000 MW of solar power capacity by 2025.

Overall, Adani Power is a well-managed company with a strong business and financial performance. The company is well-positioned to benefit from the growing demand for power in India and its expansion into renewable energy.

Here are some of the key factors that are expected to drive Adani Power’s future growth:

• Growing demand for power in India: The Indian power sector is expected to grow at a CAGR of 6% over the next five years. This growth will be driven by the increasing demand for electricity from the residential, commercial, and industrial sectors.
• Expansion of renewable energy portfolio: Adani Power is expanding its renewable energy portfolio. The company plans to add an additional 2,000 MW of solar power capacity by 2025. This expansion will help the company to reduce its dependence on coal-fired power generation and improve its environmental performance.
• Strong financial position: Adani Power has a strong financial position. The company has a debt-to-equity ratio of 0.5 and a current ratio of 1.5. This strong financial position will allow the company to invest in new projects and expand its operations.

Overall, Adani Power is a well-positioned company with a strong business and financial performance. The company is expected to benefit from the growing demand for power in India and its expansion into renewable energy.

Adani Power Share Price Target 2023

Based on the above discussion and analysis, the share price of Adani Power may touch the level of around Rs.250-275 in 2023.

Adani Power Share Price Target 2024

Based on the above discussion and analysis, the share price of Adani Power  is likely to touch the level of around Rs.300-325 in 2024

Adani Power Share Price Target 2025

Based on the above discussion and analysis, the share price of Adani Power is likely to remain in the range of Rs.350-375 in 2025.

Adani Power Share Price Target 2026

Based on the above discussion and analysis, the share price of Adani Power may touch the level of around Rs.400-425 in 2026.

Adani Power Share Price Target 2027

Based on the above discussion and analysis, the share price of Adani Power is likely to touch the level of around Rs.450-475 in 2027

Adani Power Share Price Target 2028

Based on the above discussion and analysis, the share price of Adani Power is likely to remain in the range of Rs.500-525 in 2028

Adani Power Share Price Target 2029

Based on the above discussion and analysis, the share price of Adani Power  is likely to touch the level of around Rs.550-575 in 2029

Adani Power Share Price Target 2030

Based on the above discussion and analysis, the share price of Adani Power is likely to remain in the range of Rs.600-650 in 2030

Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.

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