4 days ago
Jefferies Remains a Buy on Adani Power Limited (ADANIPOWER)
Jefferies analyst Lavina Quadros maintained a Buy rating on Adani Power Limited (ADANIPOWER – Research Report) yesterday and set a price target of INR596.00. The company's shares closed yesterday at INR584.35.
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According to TipRanks, Quadros is a 4-star analyst with an average return of 16.2% and a 54.55% success rate. Quadros covers the Energy sector, focusing on stocks such as NTPC Limited, Adani Energy Solutions Ltd, and Adani Green Energy Limited.
Adani Power Limited has an analyst consensus of Moderate Buy, with a price target consensus of INR627.50.
Based on Adani Power Limited's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR142.37 billion and a net profit of INR26.37 billion. In comparison, last year the company earned a revenue of INR133.64 billion and had a net profit of INR27.37 billion
