ADANIPOWER - AnalysisAdani Power Limited is a holding company engaged in providing electric power generation by coal-based thermal power plants and coal trading.
Financials:
TTM EPS: 27.81
TTM PE: 10.01
P/B: 5.74
Face Value: 10
Mkt Cap (Rs. Cr.): 107,415
Sector PE: 14.22
Book Value Per Share: 48.49
News: Adani Power, the Adani group company, on Thursday(03/08/2023), had posted a net profit of ₹8,759 crore for the first quarter of FY24, registering a robust growth of 83% from ₹4,780 crore in the same quarter last year.
Positives:
Strong Momentum: Price above short, medium and long term moving averages
Company with high TTM EPS Growth
Strong Annual EPS Growth
Efficient in managing Assets to generate Profits - ROA improving since last 2 year
Growth in Net Profit with increasing Profit Margin (QoQ)
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Increasing Revenue every quarter for the past 3 quarters
Increasing profits every quarter for the past 2 quarters
Annual Net Profits improving for last 2 years
Book Value per share Improving for last 2 years
FII / FPI or Institutions increasing their shareholding
Negatives:
Companies with High Debt
Inefficient use of shareholder funds - ROE declining in the last 2 years
Rising other income, and low operating income
Declining Net Cash Flow : Companies not able to generate net cash
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
ADANIPOWER
Adani Power: Powering up...After a 69% correction, the stock price has recovered to form a cup and handle pattern.
Ideal buy zone between 410-425.
Initial targets of 500 and 570. Revision, once these levels are achieved.
On the downside, 345-300 can act as important levels. Caution below 288.
Always keep a strict stop loss of 5-8% and follow proper risk management.
Note: Not a buy/sell recommendation.
ADANIPOWER | Mini Swing Trade📊 DETAILS
Sector: Power Generation/Distribution
Mkt Cap: 130,345 cr
Adani Power (APL), a part of the diversified Adani Group, is the largest private thermal power producer in India. The co along with its subsidiaries sell power generated from these projects under a combination of long term Power Purchase Agreements, Short term PPA and on merchant basis.
TTM PE : 8.86 (Average PE)
Sector PE : 16.42
Beta : 1.45
📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
17.55% away from 52 week high
Underperformer - Adani Power down by -11.07% v/s NIFTY 50 down by -1.79% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis Is For educational purposes only, And I'm not a SEBI registered analyst.
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ports ... adani ports the counter which was hammered by heidenburg reports!!
i expect it to touch a 15% upmove area
multiple reasons beyond technicals
one is to maintain market cap of the group
being one of the nifty stocks in adani folio
other stock may show underperformance but such counter with real value are someone who should perform !
i like a quote that could be useful here !!
When everything seems to be going against you, remember that the airplane takes off against the wind, not with it." Henry Ford.
Adani Total Gas is the verge of BOOM💥💥💥Adani Total Gas is already trading in a limited range as per shown on Chart. Very soon it will break the upper resistance line and trade on a higher side. Target would be as follows:
1st Target - 994
2nd Target - 1040
Stop Loss - 910
Keep your watch on such levels
My view on Adani Enterprises stockIf you have seen my above post on Adani Enterprises share done on 3rd March. Then you are at the right place, as I already said. that its shares will return to its 1300rs level in the next few days And today it has begun to find that lining. I think so. Because today's high which is around 2135, has seen a decline since then. Which stopped at the bottom line of about 1855. Let's see. when does your levels come.
Adani Power: TechnoFunda PickDisclaimer: View for Educational purpose only, not to be taken as any advice to invest or trade.
Stock has corrected more than 60% from its recent highs.
Stock available at lower PE in comparison to Industry PE
Price-Earning Ratio (PE) 6.26
Industry PE 15.21
Stock price may continue to fall more and see levels from 142 to 125
Still seems very interesting.
Adani Nosedives What can we expect now?ADANI fell from 4000 to 1500 in less than four weeks in a sensational week.
Here in this chart , I compare it with another instrument which printed a same pattern last year and try to predict how it might move.
Comparison purely based on technical levels.
Follow @piyushrawtani if you found the idea useful.
Cheers =)