Adani Enterprises Share Price Target Forcast 2022, 2023, 2025, 2030

11 January, 2022

Yes Securities recommends Adani Enterprises with a target price of Rs 1870.

Adani Enterprises got a buy call from Yes Securities with a target price of Rs 1870. Adani Enterprises Ltd.’s current market price is Rs 1751.5. When Adani Enterprises Ltd. price may reach set objective, time period given by analyst is Intra Day.

Adani Enterprises Ltd., founded in 1993, is a Large Cap business in the Diversified sector with a market capitalization of Rs 192752.72 crore.

For the fiscal year ending March 31, 2021, Adani Enterprises Ltd.’s primary products/revenue segments include coal, services, and other operating revenue.

Financials

The firm reported a Consolidated Total Income of Rs 13597.10 Crore for the quarter ended September 30, 2021, up 6.81 percent from the previous quarter’s Total Income of Rs 12730.63 Crore and 46.01 percent from the same quarter last year’s Total Income of Rs 9312.14 Crore. In the most recent quarter, the company generated a net profit after tax of Rs 121.74 crore.

Reasons for Investing

After breaking out of a narrow consolidation zone on decent levels, the stock has continued its ascent, confirming the bullishness. The RSI has likewise risen from the bottom of the bull zone.

FII Holdings/Promoter

As of September 30, 2021, promoters controlled 74.92 percent of the firm, FIIs 18.05 percent, and DIIs 3.87 percent.

economictimes.com is the source for this information.


25 NOVEMBER 2021

Adani Enterprises Share Price Target: In the short term, double-digit returns are probable.

GEPL Capital’s Karan Pai has recommended it.

Adani Enterprises: Buy | LTP: Rs 1,755.15 | Stop Loss: Rs 1,600 | Target: Rs 2,000

After a 25-week period of stabilisation, the prices finally gained traction and broke beyond the previous swing high of Rs 1,716.

On the weekly chart, the Bollinger Bands are expanding after a brief constriction, indicating more volatility as prices emerge from a protracted consolidation.

After forming a bullish hinge at the 50 mark, the RSI shown on the weekly time frame is going towards overbought levels, indicating an upward trend.

Price behaviour suggests that momentum may be building, and prices are approaching new lives.

On a closing basis, investors may now deposit Adani Enterprises and hold with a goal of Rs 2,000 and Rs 2,189 and a stop loss of Rs 1,600.

Moneycontrol.com is the source for this information.


24 November 2021

Adani Enterprises jumps 5% to a new high, as its market capitalization approaches Rs 2 trillion.

Adani Enterprises, the Adani Group’s main company, is on track to enter the elite group of firms with a market capitalization (market-cap) of 2 trillion rupees (Rs 2 lakh crore), after the stock has risen more than 25% so far. During the month of November, I was gone.

In intra-day trading on the BSE on Wednesday, Adani Enterprises shares touched a record high of Rs 1,788, up roughly 5%. The stock is barely 2% away from reaching a market capitalization of Rs 2 lakh crore. Adani Enterprises had a market capitalization of Rs 1.96 trillion at 02:08 pm, according to BSE statistics.

Adani Green Energy (Rs 2.20 trillion) and Adani Transmission (Rs 2.14 trillion) are the other two Adani Group firms with a market capitalization of more than Rs 2 trillion.

The stock of Adani Enterprises has outpaced the market so far in November, with a gain of 25.5 percent vs a 0.75 percent fall in the S&P BSE Sensex.

Adani Enterprises’ market worth has climbed 28 percent in 17 trading sessions since the Economic Times reported that the business is in discussions to establish a $2 billion mega fund on October 28. At least a half-dozen sovereign and global pension funds, as well as energy heavyweights such as Abu Dhabi Investment Authority (ADIA), Qatar Investment Authority (QIA), a BNP Paribas affiliate, and TotalEnergies SE, are in negotiations with the business. According to the article, up to $2 billion in stock transactions might be made.

However, Adani Enterprises acknowledged on October 29 that no such development has occurred, and so the preceding storey is false. “We are unable to comment on media conjecture about rumours since doing so would be unfair to us,” the business stated.

Adani Enterprises specialises on airports, highways, water, data centres, solar manufacturing, military and aerospace, edible oils and foods, mining, integrated resource solutions, and integrated agri-supply chains at the moment.

Meanwhile, capital markets regulator Securities and Exchange Board of India (SEBI) permitted Adani Wilmar (AWL), a 50:50 joint venture between Adani Group and Wilmar Group, to begin first share sales last month. Adani Enterprises stated on August 2, 2021 that AWL has filed its draught red herring prospectus with SEBI in connection with its proposed initial public offering (IPO) of up to Rs 4,500 crore.

AWL is one of India’s fastest-growing FMCG firms in the food sector. The firm has the widest selection of Edible Oils (Prepared from Soya, Sunflower, Mustard, Rice Bran, Groundnut, Cotton Seed and others). The majority of AWL’s sales are made up of branded items, which account for over 73% of edible oils and edible and FMCG sales volumes in FY21.

AWL will use the net proceeds from the IPO to support capital expenditures, debt repayment/prepayment, strategic acquisitions and investments, and general business objectives. suggested that we go. As stated in the Prospectus for the Draft Red Herring (DRHP).

Businessstandard.com is the source for this information.


23 SEPTEMBER 2021

Adani Enterprises’ stock is up 3% following a deal with Flemingo & Mumbai Travel Retail.

On September 23, Adani Enterprises’ stock increased 3% after a subsidiary struck a share subscription deal with Flamingo Travel Retail and Mumbai Travel Retail.

Adani Airport Holdings (AAHL), a fully owned subsidiary of Adani Enterprises, has inked a Share Membership Agreement with Flamingo Travel Retail Pvt Ltd and Mumbai Travel Retail (MTRPL) for a strategic cooperation to operate duty-free stores in airports.

Duty-free shops will be open at Flamingo’s and AAHL’s airports and seaports as part of the strategic cooperation.

AAHL would subscribe to 28,49,000 equity shares with a face value of Rs 10 apiece, constituting 74 percent of MTRPL’s share capital on a fully diluted basis, for a total investment of Rs 284.90 lakh.

Adani Enterprises was bidding Rs 1,476.35 on the BSE at 13:04, up Rs 38.60 or 2.68 percent.

On June 07, 2021, and September 22, 2020, the stock reached a 52-week high of Rs 1,717.20 and a 52-week low of Rs 257.50, respectively.

It is now 14.03 percent lower than its 52-week high and 473.34% higher than its 52-week low.

In the last year, the stock has increased by more than 400%.

Moneycontrol.com is the source for this information.


23 AUGUST 2021

The stock of Adani Enterprises has dropped 3% as the SEBI has decided to postpone the IPO of Adani Wilmar.

The share price of Adani Enterprises was down over 3% on August 23 after market regulator SEBI conducted the Adani Wilmar IPO in response to an investigation against Adani Enterprises.

Due to an ongoing investigation into the flagship firm of port-to-energy giant Adani Group, market regulator SEBI has placed the Rs 4,500-crore initial public offering of the agro-commodity company on hold.

Adani Enterprises owns a 50% share in Adani Wilmar, which produces the famed ‘Fortune’ edible oil brand.

“In response to your query on FPIs, we’d like to point out that we’ve notified the media and the general public that the group has no direct or indirect ties to FPIs. Regrettably, the media keeps bringing up this subject. Investors deceive the public on a regular basis. FPIs are investors who, like other Adani Group investors/shareholders, act independently and have no ties to the company, according to a spokeswoman.

Moneycontrol.com is the source for this information.


20 JULY 2021

The Adani Group’s stock has dropped due to the Sebi and the DRI probe.

For the second day in a row, Adani Group shares were under pressure after Parliament was informed that the Securities and Exchange Board of India (SEBI) and the Directorate of Revenue Intelligence (DRI) were investigating several of the group’s firms.

SEBI was investigating Adani Group entities for non-compliance with the laws, according to Minister of State for Finance Pankaj Choudhary.

“SEBI is scrutinising various Adani Group entities for compliance with SEBI standards,” Chowdhury added. In addition, the Directorate of Revenue Intelligence (DRI) is investigating some Adani Group organisations.

The Enforcement Directorate, on the other hand, was not looking into the Adani Group, he said.

Adani Transmission, Adani Green Energy, Adani Total Gas, and Adani Power all lost 5% of their value in 0936 hours, while Adani Enterprises lost over 1% and Adani Ports lost half of their value.

In June, SEBI froze three funds, Albula Investment Fund, Cresta Fund, and APMS Investment Fund, according to the ministry.

“SEBI directed the depositories to freeze special beneficiary accounts of certain FPIs (Foreign Portfolio Investors) including Albula Investment Fund Ltd., Cresta Fund Limited, and APMS Investment Fund Limited in a matter relating to the issuance of Global Depository Receipts (GDRs) by certain Indian listed companies,” the minister said.

SEBI, on the other hand, did not issue any orders in relation to the three FPIs’ other beneficiary accounts.

Adani Group dismissed accusations that the National Securities Depository Ltd had frozen three of the group’s FPI accounts a month ago. It was “a cynical attempt to push a fake misleading narrative,” Adani Group CFO Jugeshinder Singh told CNBC-TV18.

Moneycontrol.com is the source for this information.


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