Adani Enterprises Share Price Target Tomorrow, Next Week and 2024 to 2030
Adani Enterprises Limited is one of India’s leading business conglomerates, operating in diverse sectors including infrastructure, renewable energy, mining, and logistics. As the flagship company of the Adani Group, it has been instrumental in shaping India’s economic landscape.
Founded in 1988, Adani Enterprises began as a commodity trading business and has since evolved into a diversified powerhouse with a strong presence in high-growth sectors such as green energy, transportation, and urban infrastructure development.
In this article, we will analyze Adani Enterprises’ share price targets from 2024 to 2030, based on its current financial performance, market position, and future growth prospects.
Table of Contents
- 1 Live Chart
- 2 Adani Enterprises Share Price Target Tomorrow
- 3 Adani Enterprises Share Price Target Monday
- 4 Adani Enterprises Share Price Target Next Week
- 5 2025 to 2030 Adani Enterprises Share Price Target
- 6 Adani Enterprises Share Price Target 2024
- 7 Adani Enterprises Share Price Target 2025
- 8 Adani Enterprises Share Price Target 2026
- 9 Adani Enterprises Share Price Target 2027
- 10 Adani Enterprises Share Price Target 2028
- 11 Adani Enterprises Share Price Target 2029
- 12 Adani Enterprises Share Price Target 2030
- 13 Technical Analysis
- 14 Quarterly Performance 2024
- 15 Conclusion
Basic Details of Adani Enterprises
Company Name | Adani Enterprises Limited |
Business Sector | Conglomerate (Energy, Logistics, Mining, etc.) |
Stock Symbol | ADANIENT |
NSE Listing Status | Listed |
BSE Listing Status | Listed |
Official Website | www.adanienterprises.com |
Business Overview
Adani Enterprises is like a launchpad for new businesses, nurturing them until they grow into independent companies. It operates in several important industries, such as:
- Renewable Energy: Developing solar, wind, and green hydrogen projects.
- Mining: Managing coal and mineral resources for industrial use.
- Infrastructure: Building airports, highways, and city projects.
- Logistics: Handling shipping, ports, and supply chain solutions.
- Agri-Business: Supporting food processing, storage, and farm solutions.
- Data Centers: Setting up advanced facilities for digital storage and computing.
Its innovative projects and aggressive expansion strategies have positioned it as a dominant player in India’s industrial growth.
Fundamental Data
- 📈 Market Cap: ₹ 2,41,812 Cr.
- 💵 Current Price: ₹ 2,095
- 📉 High / Low (52-Week): ₹ 3,744 / ₹ 1,964
- 📊 Stock P/E (Price-to-Earnings): 42.8
- 📘 Book Value: ₹ 368
- 💰 Dividend Yield: 0.06%
- ⚙️ ROCE (Return on Capital Employed): 9.87%
- 📈 ROE (Return on Equity): 9.73%
- 🏷️ Face Value: ₹ 1.00
Live Chart
Considering recent market trends, the short-term outlook suggests volatility due to heavy selling pressure. Technically, a support level near ₹2,150 and resistance around ₹2,200 are key levels to watch.
For Monday, intraday movement will depend on broader market trends. If buyers regain momentum, prices may test ₹2,250, while bearish sentiment could see it retest ₹2,100.
Next week’s trading range might span between ₹2,050 (low) and ₹2,300 (high), depending on market sentiments and global factors like interest rates or commodity prices.
Year | Share Price Target |
---|---|
2025 | ₹2,500 |
2026 | ₹3,000 |
2027 | ₹3,500 |
2028 | ₹4,000 |
2029 | ₹4,500 |
2030 | ₹5,000 |
In 2024, Adani Enterprises is expected to stabilize after recent market corrections. The company’s renewable energy ventures and infrastructure projects could drive growth. With global governments promoting clean energy and infrastructure development, Adani’s business portfolio aligns well with future trends. However, market volatility might influence short-term price movements.
Year | Low Approx | High Approx |
---|---|---|
2024 | ₹2,000 | ₹3,000 |
The year 2025 could see steady growth in Adani Enterprises due to the development of its key renewable projects. With potential policy incentives and robust project execution, the stock might reach new heights. Investors can expect a balance between earnings growth and valuation. However, cost overruns in projects could pose risks.
Year | Low Approx | High Approx |
---|---|---|
2025 | ₹2,500 | ₹3,500 |
In 2026, Adani Enterprises’ business diversification and strategic expansion in green energy may lead to sustainable growth. Increased adoption of renewable energy solutions worldwide will further benefit the company. Investors should monitor global economic trends and market competition in renewable energy.
Year | Low Approx | High Approx |
---|---|---|
2026 | ₹3,000 | ₹4,000 |
The year 2027 could bring strong growth for Adani Enterprises, driven by its expanding logistics and mining business. As the Indian government prioritizes infrastructure development, Adani may benefit from large-scale contracts. However, geopolitical risks and commodity price fluctuations need consideration.
Year | Low Approx | High Approx |
---|---|---|
2027 | ₹3,500 | ₹4,500 |
By 2028, Adani Enterprises might leverage its established market position and innovations in clean energy. Strong execution in solar and wind power projects could attract global investors. Regulatory changes and technological advancements in renewable energy will likely impact the company positively.
Year | Low Approx | High Approx (₹) |
---|---|---|
2028 | ₹4,000 | ₹5,000 |
In 2029, Adani Enterprises could achieve new milestones in profitability. Its extensive project pipeline in mining and renewables will continue to contribute to its growth. Additionally, its diversification into global markets will further solidify its position. Risks like market saturation in renewables should be evaluated.
Year | Low Approx | High Approx |
---|---|---|
2029 | ₹4,500 | ₹5,500 |
By 2030, Adani Enterprises may emerge as a global leader in infrastructure and renewable energy. With India’s ambitious energy targets and Adani’s strategic investments, the company is positioned for sustained growth. Long-term investors can benefit significantly from its consistent earnings and project completions.
Year | Low Approx | High Approx |
---|---|---|
2030 | ₹5,000 | ₹6,000 |
Technical Analysis
- Short-Term Trends: The recent breakdown below the 50-day Exponential Moving Average (EMA) indicates bearish momentum in the short term.
- Long-Term Trends: The monthly chart shows long-term support around ₹2,000, with the stock consistently trading above the 200-day EMA, suggesting strength in the overall uptrend.
- Key Support Levels: ₹2,000 and ₹1,800.
- Key Resistance Levels: ₹2,500 and ₹3,000.
Quarterly Performance 2024
Quarter | March 2024 | June 2024 | Sept. 2024 |
---|---|---|---|
Sales (₹ Cr.) | 29,180 | 25,472 | 22,608 |
Operating Profit (₹ Cr.) | 3,195 | 3,706 | 3,766 |
OPM % | 11% | 15% | 17% |
Other Income (₹ Cr.) | -176 | 591 | 583 |
Net Profit (₹ Cr.) | 352 | 1,772 | 1,989 |
EPS (₹) | 3.95 | 12.76 | 15.28 |
Conclusion
Adani Enterprises has great growth potential because it works in many different industries and focuses heavily on renewable energy. Although the company faces some risks, such as changes in government rules and international competition, its future looks strong. Before investing, it’s important for people to check both the company’s financial performance and market trends.