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ADANIPOWER: Massive Assam Project And Share Split Are Set To Lift Shares

Update shared on 02 Dec 2025

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AnalystConsensusTarget's Fair Value
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1Y
34.1%
7D
-2.5%

Analysts have reaffirmed Adani Power's price target at ₹187.75, citing minor updates to the discount rate and forward valuation metrics in their latest assessment.

What's in the News

  • Adani Power will invest INR 480,000 million to develop a 3,200 MW greenfield ultra super critical thermal power plant in Assam. Commissioning is planned from December 2030, with significant employment generation anticipated during construction and operation (Key Developments).
  • The company emerged as the lowest bidder for a major power project in Assam, securing coal linkage under the SHAKTI Policy and introducing new benchmarks in environmental stewardship (Key Developments).
  • Adani Power is implementing what is described as India's largest private sector capital expenditure programme, aiming to increase its total generation capacity from 18.15 GW to approximately 42 GW by 2031-32 (Key Developments).
  • Adani Power is among a group of bidders exploring an investment in Jaiprakash Power Ventures Limited's compulsorily convertible preference shares, with the potential to gain a controlling stake in the company (Key Developments).
  • A 5:1 stock split and significant amendments to the company's capital structure were approved by shareholders through a postal ballot (Key Developments).

Valuation Changes

  • Consensus Analyst Price Target remains unchanged at ₹187.75 per share.
  • Discount Rate has risen slightly from 13.77% to 13.79%.
  • Revenue Growth projection is stable and remains at 16.21%.
  • Net Profit Margin estimate is essentially unchanged, moving very marginally from 20.79% to 20.79%.
  • Future P/E ratio has increased slightly from 26.77x to 26.78x.

Disclaimer

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