Company Overview
Adani Enterprises Ltd. is one of India's largest conglomerates, involved in diverse sectors such as energy, resources, logistics, agribusiness, real estate, financial services, and defense. With its headquarters in Ahmedabad, Gujarat, Adani Enterprises has expanded its presence globally, focusing on sustainable growth and infrastructure development.
Price Chart Analysis
Current Price: ₹2,919.10
Trend: The stock is currently in a consolidation phase with potential for an upward breakout.
Target Levels: ₹3,598.63, ₹4,300.25, ₹5,194.15, ₹7,775.35
Levels:
Primary Support Zone: ₹906 - ₹1608
Swing Zone: ₹2229- ₹1766
Technical Indicators
Relative Strength Index (RSI): 53.85 (Neutral momentum)
Volume: 65.77M
Key Observations
Current Price: ₹2,919.10
Price Change: -₹335.55 (-12.27%)
Volume: 65.77M
Timeframe: March 5, 2025
The stock is trading within a consolidation phase, suggesting potential for an upward breakout.
The RSI indicates neutral momentum, suggesting that the stock is neither overbought nor oversold.
The volume indicates a healthy level of trading activity, supporting the current price movement.
Earnings Overview
Q3 FY25 Net Profit: ₹1,280 crore
Q3 FY24 Net Profit: ₹800 crore
Revenue Growth: 25% increase to ₹15,000 crore
Key Highlights:
Adani Enterprises reported a net profit of ₹1,280 crore in Q3 FY25, compared to ₹800 crore in the same quarter last year.
The company's revenue surged by 25%, driven by strong performance across its business segments.
The company continues to focus on sustainable growth and infrastructure development, which has positively impacted its financial performance.
Conclusion
Adani Enterprises Ltd. is showing signs of potential upward movement, with key resistance levels ahead. The neutral RSI suggests that there is room for further upward movement without immediate risk of overbought conditions. Investors should watch for potential breakouts above the resistance levels and monitor the support zones for any signs of reversal.
Adani Enterprises Ltd. is one of India's largest conglomerates, involved in diverse sectors such as energy, resources, logistics, agribusiness, real estate, financial services, and defense. With its headquarters in Ahmedabad, Gujarat, Adani Enterprises has expanded its presence globally, focusing on sustainable growth and infrastructure development.
Price Chart Analysis
Current Price: ₹2,919.10
Trend: The stock is currently in a consolidation phase with potential for an upward breakout.
Target Levels: ₹3,598.63, ₹4,300.25, ₹5,194.15, ₹7,775.35
Levels:
Primary Support Zone: ₹906 - ₹1608
Swing Zone: ₹2229- ₹1766
Technical Indicators
Relative Strength Index (RSI): 53.85 (Neutral momentum)
Volume: 65.77M
Key Observations
Current Price: ₹2,919.10
Price Change: -₹335.55 (-12.27%)
Volume: 65.77M
Timeframe: March 5, 2025
The stock is trading within a consolidation phase, suggesting potential for an upward breakout.
The RSI indicates neutral momentum, suggesting that the stock is neither overbought nor oversold.
The volume indicates a healthy level of trading activity, supporting the current price movement.
Earnings Overview
Q3 FY25 Net Profit: ₹1,280 crore
Q3 FY24 Net Profit: ₹800 crore
Revenue Growth: 25% increase to ₹15,000 crore
Key Highlights:
Adani Enterprises reported a net profit of ₹1,280 crore in Q3 FY25, compared to ₹800 crore in the same quarter last year.
The company's revenue surged by 25%, driven by strong performance across its business segments.
The company continues to focus on sustainable growth and infrastructure development, which has positively impacted its financial performance.
Conclusion
Adani Enterprises Ltd. is showing signs of potential upward movement, with key resistance levels ahead. The neutral RSI suggests that there is room for further upward movement without immediate risk of overbought conditions. Investors should watch for potential breakouts above the resistance levels and monitor the support zones for any signs of reversal.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.