10 hrs ago
Adani Stocks Rebound Sharply, Brokerages Set Higher Targets
Three companies from the Adani Group have risen substantially from their recent one-year lows.
Adani Power has gained the most, rising more than 70%.
Adani Enterprises has increased by more than 68%, while Adani Ports has gained 31%.
Several brokerages believe Adani Power could rise further and have issued targets between Rs 233 and Rs 282.
Motilal Oswal has set a target of Rs 3,880 for Adani Enterprises.
The brokerage said Adani Enterprises could benefit from businesses such as airports, roads, data centres, new energy and mining.
Motilal Oswal also expects Adani Ports to benefit from higher cargo volumes and infrastructure investments.
The targets are analyst opinions, not guarantees that the share prices will reach those levels.
Adani Power has climbed 70.41% from its 52-week low of Rs 120.36 and trades at about Rs 205.15.
Adani Enterprises has risen 68.28% from its 52-week low of Rs 1,753.45 and trades near Rs 2,937.
Adani Ports is up 31% from its 52-week low of Rs 1,293 and trades near Rs 1,694.
Brokerage targets for Adani Power range from Rs 233 at ICICI Securities to Rs 282 at Antique Stock Broking.
Motilal Oswal expects Adani Ports to reach Rs 2,130, citing cargo growth and continued investment in ports and logistics.
- Who
- Adani Power, Adani Enterprises and Adani Ports, along with the brokerages issuing ratings and price targets.
- What
- The three Adani Group stocks have recovered significantly from their 52-week lows, while brokerages have published further price targets.
- Where
- The companies and stock prices are discussed in the Indian equity market.
- When
- The article reports current prices and performance through the dates cited, including July 30, 2026, for one Morgan Stanley target.
- Why
- Brokerages cited expected earnings growth, capacity additions, infrastructure investments, diversified businesses and higher cargo volumes as reasons for their positive views.
Key facts
- Adani Power rise from low
- 70.41% from Rs 120.36; the stock was trading near Rs 205.15.
- Adani Enterprises rise from low
- 68.28% from Rs 1,753.45; the stock was trading near Rs 2,937.
- Adani Ports rise from low
- 31% from Rs 1,293; the stock was trading near Rs 1,694.
- Adani Power target range
- Brokerage targets cited range from Rs 233 to Rs 282.
- Adani Enterprises target
- Motilal Oswal Financial Services set a target of Rs 3,880.
- Adani Ports target
- Motilal Oswal set a target of Rs 2,130, implying 26% upside from the cited price.
- Adani Ports projected growth
- Motilal Oswal estimates cargo volumes will grow at an 11% CAGR during FY26-FY28.
Quotes
Motilal Oswal
Brokerage providing valuation assumptions and a target price for Adani Power.
“The sum of these contributions, adjusted for net debt, results in a target price of 250. APL is trading at an FY29E EV/EBITDA of 13.8 times. We build an EBITDA CAGR of 21 per cent over FY26-29E, a PAT CAGR of 9 per cent over FY26-29E, and capacity additions of 1.3/1.6/3.2GW in FY27/FY28/FY29.”
businesstoday.in
“We believe its market leadership, superior scale, diversified growth portfolio, and proven incubator model position AEL to emerge as a leading global infrastructure platform.”
businesstoday.in
Sources
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