Synopsis:
Jefferies has recommended a “Buy” call on Adani Enterprises Limited, with target prices of ₹3,000, suggesting strong upside potential up to 19%.
This Adani Group stock, engaged in airport management, mining, integrated resource management, roads, water, solar manufacturing, green hydrogen, data centers, and defence sectors, jumped 1.42 percent after Jefferies gave a target price of Rs. 3,000 per equity share.
With a market capitalization of Rs. 293,144.59 crores, the share of Adani Enterprises Limited has reached an intraday high of Rs. 2,559 per equity share, rising nearly 1.42 percent from its previous day’s close price of Rs. 2,523.15. Since then, the stock has retreated and is currently trading at Rs. 2,539.85 per equity share.
What is the news?
Jefferies, a prominent brokerage firm, has recommended a “Buy” call on Adani Enterprises Limited with a target price of Rs. 3,000 per share, indicating an upside potential of 18.90 percent from its previous day’s close price of Rs. 2,523.15.
Rationale for Target
Jefferies expects Adani Enterprises Limited to benefit from the launch of NMIA, which strengthens India’s aviation infrastructure and helps reduce congestion in the Mumbai Metropolitan Region. Phase 1 of the airport increases capacity for 20 million passengers and focuses on serving regions that currently have fewer flight options. This expansion is likely to improve overall operations and passenger flow.
Additionally, Adani Enterprises’ dual airport strategy allows better coordination of flight slots and reduces competition between nearby airports. The company’s strong focus on non-aviation businesses like retail, hospitality, and real estate also supports higher revenue and long-term growth potential.
Company Overview
Adani Enterprises Limited (AEL), founded in 1993 as Adani Exports Limited, is the flagship company of the Adani Group, headquartered in Ahmedabad. It focuses on building and managing diverse infrastructure businesses across key sectors, including energy, utilities, transportation, logistics, consumer goods, and primary industries.
The company also plays a key role in nurturing new ventures within the Adani portfolio. Over the years, it has successfully spun off several listed companies, such as Adani Ports, Adani Power, and Adani Green Energy, supporting growth and expansion across industries.
Adani Enterprises Limited operates across diverse sectors. It is a major coal importer and miner in India and Australia, manages multiple airports, invests in roads, rail, water, and data centers, and focuses on renewable energy and solar manufacturing, driving growth across industries.
Recent quarter results
Coming into financial highlights, Adani Enterprises Limited’s revenue has decreased from Rs. 25,472 crore in Q1 FY25 to Rs. 21,961 crore in Q1 FY26, which is a drop of 13.78 percent. The net profit has also decreased by 44.92 percent from Rs. 1,772 crore in Q1 FY25 to Rs. 976 crore in Q1 FY26.
Adani Enterprises Limited’s revenue and net profit have grown at a Compound annual growth rate (CAGR) of 17.67 percent and 50.41 percent, respectively, over the last five years.
In terms of return ratios, the company’s ROCE stands at 9.45 percent and ROE at 9.82 percent, respectively. Adani Enterprises Limited has an earnings per share (EPS) of Rs. 61.62, and its debt-to-equity ratio is 1.82x.
Written By – Nikhil Naik
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