Adani Transmission Share Price Target Forecast 2022, 2023, 2025, 2030


What should investors do about the Adani Transmission share price target?

Mazhar Mohammad of has recommended this stock.

In the previous 5 weeks, the counter has risen vertically, gaining a bit more than 100% from a low of about Rs 925 to a high of approximately Rs 1,954. However, it formed a Dragon Fly Doji type structure in the previous trading session, indicating a balance of power between bulls and bears at higher levels, and such formations are typically seen at important turning periods.

In order to retain the bullish bias, this counter must stay above Rs 1,891 in the coming trading sessions. In that case, if it manages to strongly cross the Rs 1,954 level, a higher objective of Rs 2,170 may be forecast using longer-term charts.

Traders are advised to keep their stops below Rs 1,890 and consider quitting if it fails to reach the Rs 1,950 barrier before the end of the next two sessions. is the source for this information.

30 October, 2021

Adani Transmission’s net profit increased by 35% to Rs 289 crore in the second quarter.

Adani Transmission recorded a 35% increase in net profit for the September quarter, at Rs 288.84 crore, thanks to higher revenue. According to a BSE report, the company’s net profit for the quarter ended September 30, 2020 was Rs 214.13 crore.

The total income for the quarter was Rs 2,675.20 crore, compared to Rs 2,306.45 crore in the previous quarter.

In Q2 (July-September 2021), the business reported it operated 486 ckm (circuit km), bringing the overall transmission network to 18,336 ckm.

“ATL’s strong growth pipeline and recent acquisitions would further expand its pan-India reach and cement its position as India’s largest private sector transmission operator,” stated Anil Sardana, MD & CEO of Adani Transmission Ltd (ATL).

He said that this would help the corporation come closer to its 2022 goal of 20,000 kilometres of transmission lines.

ATL is continually benchmarking for best-in-class usage and pursuing disciplined growth with strategic and operational de-risking, capital conservation, and assuring business excellence with high credit quality and strong governance standards, according to Sardana. Is.

Adani Transmission is the Adani Group’s transmission and distribution company.

It is the country’s largest private transmission firm, with a total transmission network of 18,300 CKM, of which 13,700 CKM are operating and 4,600 CKM are under development at various stages.

It also has a distribution operation in Mumbai that serves over 3 million people. is the source for this information.

30 MARCH 2021

With the acquisition of Warora-Kurnool Transmission, Adani Transmission’s stock has reached a 52-week high.

After finalising formal agreements with Essel Infraprojects for the acquisition of Warora-Kurnool Transmission, Adani Transmission’s stock hit a 52-week high of Rs 924.40 in early trade on March 30, up 6%. (WKTL).

WKTL will create, operate, and maintain transmission lines totalling roughly 1,750 ckt km under the terms of the deal, according to the company’s press statement.

The new lines would include 765 kV inter-state transmission lines linking Warora to Warangal and Chilkaluripeta to Kurnool through Hyderabad. Warangal also features a new 765/400 kV sub-station that will be operated as part of the deal.

The transaction is scheduled to be finalised in a month, pending all required regulatory clearances and other consents.

The deal was completed at WKTL’s enterprise value of Rs 3,370 crore. is the source for this information.

17 FEBRUARY 2021

What should investors do about the Adani Transmission share price target?

Mazhar Mohammad of has recommended this stock.

Last week, this counter broke out of a channel on the weekly chart, with a target opening of 756. Surprisingly, this goal was met in just two days of the preceding, with a peak of about 750 in the prior session. to get the word out

As a result, if the rally extends beyond the 750 level, the upswing will extend to the 800 level. However, given the recent positive momentum from the low of 559 in the previous four trading days, profit-booking in the next one or two trading sessions would be excellent.

On a closing basis, a fresh purchase should only be considered for correction and consolidation near the 700 level, with a stop below 689. is the source for this information.

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