Archive · 6 Jan 2026
Adani Power Shares Up 40% in 12 Months
Adani Power, a big company that makes electricity, has seen its stock go up by 40% in the last year.
A financial expert called JM Financial thinks the stock is a good buy and could go up to Rs 178 per share.
The company is already one of the largest private electricity producers in India and plans to make even more electricity in the future.
They have a lot of plans to build new power plants and are expected to grow their revenue and profits over the next few years.
The expert also thinks that electricity made from coal will still be very important for India's growth and stability.
Adani Power shares have increased by 40% in the past year, closing at Rs 146.20 on Monday.
JM Financial initiated coverage with a 'Buy' rating and a target price of Rs 178 per share.
Adani Power is India's largest private sector thermal power producer with 18.1 GW of installed capacity.
The company aims to reach 41.9 GW of capacity by FY32, supported by secured land, clearances, and agreements.
JM Financial projects revenue and Ebitda growth of 15% and 18% CAGR respectively from FY25 to FY28.
- Who
- Adani Power Ltd, a part of the Adani Group
- What
- Stock performance and future outlook
- When
- Past 12 months and future projections up to FY32
- Where
- India
- Why
- Strong execution track record and improving Ebitda per megawatt
- Stock Price
- Rs 146.20
- Target Price
- Rs 178
- Current Rating
- Buy
- Installed Capacity
- 18.1 GW
- Target Capacity by FY32
- 41.9 GW
- Projected Ebitda per MW by FY32
- Rs 1.8 crore
- Expected Revenue Growth (FY25-FY28)
- 15% CAGR
- Expected Ebitda Growth (FY25-FY28)
- 18% CAGR