As an investor, I'm always interested in the power industry. Recently, I've been following Adani Power closely. Their share price changes a lot, which makes me want to learn more.
Adani Power's share price was at ₹642.10 on October 4, 2024. It had dropped by 0.42% from the day before. But, the company's big market value and strong performance over the past year are key points.
The share price has been all over the place. It hit a high of ₹895.85 and a low of ₹289.35 in the last year. Despite this, Adani Power's strong basics and growth potential are attractive to investors.
Adani Power Limited is a top name in India's power generation. It has a mix of thermal and solar power projects. Founded in 1988 in Ahmedabad, Gujarat, it's a big player in the energy field.
Adani Power runs coal-based power plants in several states. These plants have a total capacity of 15,250 MW. It also has a 40 MW solar plant in Gujarat, showing its green commitment.
As part of the Adani Group, it covers many areas like infrastructure and clean energy. This shows its wide range of interests.
Gautam S. Adani leads as Non-Executive Chairman, with Anil Sardana as Managing Director. The board includes Rajesh S. Adani, Sangeeta Singh, and Sushil Kumar Roongta. The Adani family owns 72.71% of the company.
Domestic and foreign investors own 1.42% and 14.73% respectively. The rest, 11.14%, is with other investors.
Shareholding PatternPercentage
Promoter Group | 72.71% |
Domestic Institutional Investors | 1.42% |
Foreign Institutional Investors | 14.73% |
Other Investors | 11.14% |
Adani Power's share price has seen big ups and downs lately. Over the past 1 week, the adani power stock performance dropped by 1.86%. The decline over the last 1 month is 1.34%. But, the company's long-term adani power returns are impressive. It has a 3-year return of 531.06% and a 5-year return of 968.39%.
Adani Power's adani power market capitalization of Rs 247,654 crore makes it a top player in India's power sector. It ranks 4th in the industry. The company's stock is part of the BSE 200 and BSE 500 indices. This shows its strong performance and its role as a key player in the power sector.
Time PeriodAdani Power Stock Performance
1 Week | -1.86% |
1 Month | -1.34% |
3 Year | +531.06% |
5 Year | +968.39% |
Adani Power's strong long-term returns and market presence show it's a leading player in the power sector. Being part of the BSE 200 and BSE 500 indices highlights its importance in the Indian market.
Adani Power, a leading energy company, has shown strong financial results in recent years. The company's total income for the year ending March 31, 2024, was Rs 60,281.48 crore. Its net profit was Rs 20,828.79 crore, showing its efficiency and profit.
Adani Power's financial health is impressive. It has a profit margin of 29.43% and a return on assets (ROA) of 22.56%. The company's revenue grew by 40.06% in a year, beating its 3-year average growth rate.
Operating income for Adani Power increased by 29.9% in FY24. Operating profit rose by 81.0% YoY. But, operating profit margins dropped to 36.1% in FY24 from 25.9% in FY23. This might be due to higher depreciation and finance costs.
Other income grew by 132.7% YoY, helping the company's profitability. Net profit for the year jumped by 94.2% YoY. Net profit margins rose from 27.7% in FY23 to 41.4% in FY24. This shows Adani Power's skill in managing operations and growing profitably.
The company's financial health is also reflected in its capital structure. As of March 31, 2024, its debt-to-equity ratio was 0.96. This balance helps maintain financial stability and long-term success.
Adani Power is a leading name in India's energy sector. It's focused on growing its power generation and diversifying its energy sources. The company plans to increase its capacity through new thermal and renewable projects.
Adani Power is investing in new coal-based power plants across India. These projects will boost its thermal power and make it a major player in the traditional power sector. At the same time, it's exploring solar energy, following the global trend towards renewables.
The company is also moving into power transmission and distribution. This move will strengthen its energy ecosystem and solidify its industry presence.
Adani Power's growth is driven by long-term power purchase agreements (PPAs). These agreements give the company a stable income, allowing it to invest in new projects. Its focus on efficiency and technology has also improved its performance and competitiveness.
Key HighlightsDetails
Adani Power Expansion Plans | Investing in new coal-based power plants and exploring solar energy opportunities to increase total installed capacity |
Diversification into Power Transmission and Distribution | Venturing into power transmission and distribution sectors to strengthen its energy ecosystem |
Secured Long-term Power Purchase Agreements (PPAs) | Adani Power's ability to secure long-term PPAs provides a stable revenue stream for its growth and expansion |
Focus on Operational Efficiency | Adani Power's emphasis on technological advancements and operational efficiency has been a key driver of its competitiveness |
Adani Power's ambitious plans and diversification strategy make it a strong player in India's energy sector. As power demand grows, Adani Power's efforts will be crucial in meeting India's energy needs.
Adani Power's share price has caught a lot of investor interest lately. The company's solid finances, wide range of power generation, and big growth plans make it a major player in India's power sector. Despite some ups and downs, the adani power stock looks good for the long run. This is thanks to India's growing need for energy and Adani Power's knack for finding new chances.
Adani Power could be a good choice for investors wanting to dive into India's fast-changing power market. Its strong base and plans for growth make it attractive for those looking to invest for the long haul. But, it's key to look at the company's finances, industry trends, and risks before deciding to invest in adani power.
Adani Power has grown a lot in India's power sector, thanks to its innovation and expansion. As it keeps growing and using new tech, it's set to be a big player in meeting India's energy needs. For investors, Adani Power could bring big gains if they approach the market wisely and with good knowledge.
As of October 4, 2024, Adani Power's share price is Rs 642.10. It has dropped 0.42% from the last close.
Adani Power's market cap is Rs 247,654 crore. It ranks 4th in the power sector.
The stock's 52-week high is Rs 895.85. The low is Rs 289.35.
Over the past year, Adani Power's stock has seen a 72.58% return. This outperforms the broader market.
In the last 3 months, the stock price has dropped by 9.85%.
Technical indicators show a bearish sentiment. The stock's average price has dropped by 6.51% in 10 days after a bearish signal in the last 10 years.
Adani Power is a leading power generation company in India. It has a diverse portfolio of thermal and solar power projects. The company operates coal-based power plants with a total capacity of 15,250 MW across multiple states. It also has a 40 MW solar power plant.
The leadership team includes Gautam S. Adani as Non-Executive Chairman and Anil Sardana as Managing Director. The board also has Rajesh S. Adani, Sangeeta Singh, and Sushil Kumar Roongta.
The promoter group holds 72.71% of Adani Power as of June 30, 2024. Domestic institutional investors own 1.42%, and foreign institutional investors hold 14.73%. The remaining 11.14% is held by other investors.
Over the past 1 week, the stock has declined by 1.86%. The decline over the last 1 month is 1.34%. However, the company's long-term performance is impressive, with a 3-year return of 531.06% and a 5-year return of 968.39%.
Adani Power reported a total income of Rs 60,281.48 crore and a net profit of Rs 20,828.79 crore for the year ending March 31, 2024. The company's profitability metrics are impressive, with a profit margin of 29.43% and a return on assets (ROA) of 22.56%.
Adani Power aims to expand its power generation capabilities and diversify its energy mix. The company plans to add more thermal and renewable energy projects to its portfolio. It also explores opportunities in the power transmission and distribution sectors.
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