Jefferies, Macquarie Diverge on Adani Power: Buy at ₹255 vs Neutral at ₹230 1 day ago Yesterday
Adani Power has received contrasting brokerage views, with Jefferies maintaining a Buy rating at ₹255 based on a 2.3x capacity expansion to 42 GW by FY32, 23% EBITDA CAGR, and improving PPA coverage. Macquarie, however, holds a Neutral stance with a ₹230 target, citing a broad-based regulatory and operational reset across India's power sector that keeps the risk-reward balanced despite sectoral tailwinds.
Jefferies Maintains Buy Rating on Adani Power with Target Price of ₹255
Jefferies has maintained a Buy rating on Adani Power with a target price of ₹255, highlighting the company's status as India's only sizeable private-sector pure-play thermal power generator. The brokerage points to an aggressive capacity expansion plan targeting 31GW by FY30 and forecasts a 23% EBITDA CAGR. A declining risk profile, supported by higher PPA-linked capacity, and expectations of strong free cash flow generation by FY30 further reinforce the positive outlook.
Adani Power Explores Nuclear Power Opportunities While Awaiting Government Regulations
Adani Power Limited is exploring entry into India's nuclear power sector by identifying potential sites for nuclear power projects. The company is awaiting government regulations that would enable private sector participation in nuclear energy generation, positioning itself for future opportunities in this strategic energy segment.
30Apr 26
Adani Power Considers Global Expansion in Thermal and Hydro Power Sectors
Adani Power Limited is considering international expansion through thermal and hydro power projects to broaden its operational reach beyond India. The strategic move was disclosed during a conference call update and represents the company's effort to diversify its geographical presence in the power generation sector.
Adani Power Executes Rs. 15.03 Crore Block Trade on NSE
Adani Power Ltd. completed a block trade on NSE worth Rs. 15.03 crores, involving 732,113 shares at Rs. 205.31 per share. The transaction represents significant institutional trading activity in the power sector stock.
Adani Power Sees Rs. 944.41 Crore Block Trade on NSE for 58.10 Million Shares
Adani Power Limited executed a major block trade on NSE worth Rs. 944.41 crores involving approximately 58,099,395 shares at Rs. 162.55 per share. The substantial transaction indicates significant institutional trading activity and reflects the liquidity available in the company's stock for large-volume deals.
Adani Power Records Rs. 24.52 Crore Block Trade on NSE
Adani Power Ltd. completed a major block trade on NSE worth Rs. 24.52 crores, involving 1,579,389 shares at Rs. 155.28 per share. The transaction represents a significant institutional trade executed through the exchange's block trading mechanism.
Bernstein Initiates Adani Power Coverage with Outperform Rating, Sets Target Price at Rs 177
Bernstein has initiated coverage on Adani Power with an Outperform rating and Rs 177 target price, citing India's energy security push following Russia/Iran disruptions. The brokerage views the company as well-positioned to benefit from India's electrification drive encompassing thermal, nuclear, storage, and grid expansion initiatives.