Sri Lanka’s Energy Minister seeks to convert agreement with Adani Green Energy to govt-to-govt deal. Reports suggest shift due to legal requirement. Opposition accused Group of making “backdoor entry” & India of “pressuring” island. President held talks with Adani, energy project to be completed by …

Colombo mulls converting Adani power project to a G2G deal: Sri Lankan media

Adani Group stocks are trading down following the report. Adani Enterprises, Adani Ports, and Adani Power are down more than 2 percent, Adani Green Energy down 3.5 percent.

Adani Group Rejects OCCRP Allegations On Stock Manipulation

AAP Rajya Sabha MP Sanjay Singh demanded action against officials and Ministers in Gujarat for alleged excess payment to Adani Power Mundra Limited over five years under two power purchase agreements.

After Congress, AAP demands probe into Adani Power issue

Trends in Nykaa, Policy Bazaar and Adani Power

Adani Power shares gains for the fourth consecutive session, its longest gaining streak since June 2023. In the last six months, the share prices of Adani Power have doubled. In the same time period, the BSE Power index gained around 32%.
Recently the company came out with an analyst presentation, where it said it aims to increase its capacity by 39% to 21,110 MW by FY29. Of the incremental addition, nearly 1,100 MW will be via inorganic route.
In FY24, the company expects net senior debt to rise to Rs 26,690 crore, but given the 20% expected  rise in EBITDA, its leverage ratio will improve to 1.6x.
#adanipower #adanistocks #adanishares #adanipowerstocks
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Adani Power Gains For Fourth Consecutive Session; Longest Gaining Streak Since June 2023

Shares of most Adani companies rose, led by Adani Power and Adani Energy Solutions.

Most Adani Group Stocks Rise For Fourth Straight Day

Adani Power stock has given a return of 101.23 percent over the last six months and has outperformed the benchmark Nifty50 index significantly.

Adani Power shares spike 5% on growth focus, capex plans

Here are the stocks to watch before going into trade today.

Stocks To Watch: Adani Enterprises, Adani Power, Union Bank Of India, Aeroflex Industries, Sanghi Industries

Technically, the markets needed a correction, and it appears that in the upcoming week, the support zone between 19,100 and 19,200 would be important to watch out for Nifty. A zone of resistance would continue to exist between 19,500 and 19,600 on the upswing. Being ready for a turbulent trading wee…

Aamar Deo of Angel One decodes Nifty mood, Adani Power and Nykaa strategy for next week

Adani Group stocks rise 1.6-6.6%, market cap above Rs 11 lakh cr; Adani Green Energy gains 6.6% on solar plant certificate; Adani Enterprises, Adani Power, Adani Energy Solutions deny talks with TAQA.

Adani Group stocks soar to new levels

All ten Adani Group companies were trading higher on Friday, which led the total market capitalization of Gautam Adani’s listed empire to race past Rs 11 lakh crore mark.

Adani Power, AEL shares: Adani Group stocks rally up to 12%, mcap hit Rs 11 lakh crore

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Adani Power Limited is a holding company  engaged in providing electric power generation by coal-based thermal power plants and coal trading.

Adani Power Ltd