An analyst from Anand Rathi said that the price action of Adani Power is below the 10- and 20-DEMA currently, which is a short-term bearish signal.
Antique said Adani Power is set to expand capacity 2.3 times, from 18.15 GW in FY25 to 41.9 GW by FY33, marking a decisive transition.
JSW Energy has been tagged with a ‘Buy’ rating and a target price of Rs 697, suggesting a potential upside of over 50% from current levels.
An analyst from Anand Rathi said that BHEL has been exhibiting a strong and consistent bullish pattern, indicating sustained investor interest and positive price momentum.
JP Power: The counter was buzzing recently following an update indicating that creditors of its associate company, Jaiprakash Associates Ltd (JP Associates), unanimously voted in favour of Adani Enterprises Ltd's resolution plan.
JP Power: The stock surged 12.26 per cent to hit a day high of Rs 22.80. At this level, it has gained 29.25 per cent in two trading days.
Bondada Engineering formalised a five-year strategic agreement with the Adani Group for renewable energy design and construction.
Adani Power sold 24 BU of power in Q2, up 7 per cent YoY. The merchant realisation was down 9 per cent in the quarter YoY. It reported PLF of 63 per cent was down 410 basis points (bps) YoY.
An analyst from YES Securities said that Adani Power is witnessing profit booking, suggesting a possible correction or consolidation in its uptrend, after a strong rally from Rs 120 to Rs 182.
The brokerage said Adani Power trades at a trailing P/E of 22-23 times and EV/EBITDA of 14-15 times, which is a premium to public-sector peers but justified by its superior earnings visibility, balance sheet improvement and growth trajectory.
Adani Power Ltd stands as one of India’s largest private-sector thermal power producers, with an installed capacity of 18,150 MW spread across strategically located plants.





