The current status of Adani Power share price is as follows,
The share price of Adani Power Ltd
ADANIPOWER closed at Rs. 288.25 on Tuesday, August 17, 2023 at 9:51:39 AM GMT+5:30 on the National Stock Exchange NSE,
The share price increased by Rs. 6.20 or 2.20% from the previous close of Rs. 282.05 on Monday, August 16, 2023,
The share price reached a high of Rs. 289.40 and a low of Rs. 280.75 during the trading session on Tuesday,
The share price has a 52-week high of Rs. 432.50 and a 52-week low of Rs. 132.40,
The share price has a market capitalization of Rs. 111,118 crore and a price-to-earnings (PE) ratio of 7.56 as of Tuesday,
The share price has a dividend yield of 0% and a book value per share of Rs. 48.49 as of Tuesday,
what is the target for adani power
The target price for Adani Power is a projection of the future value of the company’s shares based on various factors such as earnings, growth, market conditions, and industry trends. Different analysts and sources may have different methods and assumptions for estimating the target price, so there is no definitive or unanimous answer to this question.
However, based on the results that I have found, some of the possible target prices for Adani Power are,
According to The Economic Times, the average consensus estimate of 11 analysts for Adani Power is Rs. 289.00 as of August 11, 2023, with a range of Rs. 240.00 to Rs. 350.00.
According to The Share Brokers, the Adani Power share price target for 2023 is Rs. 475 for the first target and Rs. 520 for the second target, based on their analysis of the company’s growth potential and market demand.
According to We Invest Smart, the Adani Power share price target for 2023 is Rs. 293, based on their forecast model that uses historical data and trends.
According to Munafa Sutra, the stock price target for Adani Power for tomorrow (August 18, 2023) is Rs. 284.43 on the downside and Rs. 293.08 on the upside, based on their artificial intelligence algorithm that predicts the future movement of the stock.
According to Munafa Sutra, the Adani Power share price forecast and targets for long-term (up to 2030) are an uptrend, with possible share price targets of Rs. 295, Rs. 313, Rs. 330, Rs. 357, or even Rs. 432.50, based on their technical analysis of the stock.
Please note that these target prices are not guaranteed or endorsed, and they may change over time depending on various factors. They are only provided for your information and reference, and you should do your own research and analysis before making any investment decisions.
