Sunday, November 8, 2020

Adani Power | Potential Outperformer | Price Outlook

 

Adani Power Ltd.

Stock/Share Price: 37


➽ In this article we will discuss recent development in the StockShare of ADANIPOWER in the Stock Market

Adani Power Ltd is a power project development company,that has been established to carry on the business of generation, accumulation, distribution and supply of power and to generally deal in electricity and to explore, develop, generate, accumulate, supply and distribute or to deal in other forms of energy from any source whatsoever.

Recent Key Strengths

Growth in Net Profit with increasing Profit Margin (QoQ)

Increasing profits every quarter for the past 2 quarters

Company with decreasing Promoter pledge

Recent Results : Growth in Operating Profit with increase in operating margins (YoY) 


Recent Weaknesses

Red Flag: High Interest Payments Compared to Earnings

MFs decreased their shareholding last quarter

Book Value Per Share deteriorating for last 2 years

Highest promoter stock pledges



Technical Chart 


Adani Power stock after long correction and consolidation started rising with good volume and price momentum. Long position can be initiated for the potential upside level of 48 in short term  and 72 in mid term and 128 in long term.


Recent Valuation Summary


Recent  Results


Key Balance Sheet Summary



Thanks for your Precious Time.


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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


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