Adani Transmission has been making waves in the stock market recently. Investors are curious about Adani Transmission’s share price target for the years 2023 to 2030 and whether it is a good auto stock to buy.
With the recent increase of 9% in Adani Green Energy shares, it is clear that the Adani Group is making strides in the renewable energy sector, which has investors wondering what the future holds for Adani Transmission.
In this article, we will explore Adani Transmission’s share price target for the next few years and whether it is a good investment opportunity for investors.
About the Company
Adani Transmission Limited (ATL) is a power transmission company that operates in India. It is a derivative of the Adani Group, an Indian conglomerate. The company was established in 2015 and is located in Ahmedabad, Gujarat. It is responsible for the development, construction, and maintenance of power transmission projects in India. It has developed projects in Gujarat, Rajasthan, Maharashtra, Karnataka, Tamil Nadu, and other states. The company has a strong presence in the Indian power market, with its projects accounting for more than 30% of the total power transmission capacity in the country.
Stock history of Adani Transmission Ltd
The stock price of Adani Transmission Ltd has seen significant growth since its listing on the National Stock Exchange of India (NSE) in 2015. Since its initial public offering (IPO), the company’s stock has experienced a wide range of highs and lows. In the first year of trading, the stock peaked at Rs. 107.60 on 19 January 2015, but then declined to Rs. 53.10 by 1 April 2015, the lowest point in its history.
The stock has steadily climbed to ₹2,732 as of January 2023. Since its listing, the stock has experienced a mild correction, but has seen steady growth overall.
Latest news about Adani Transmission Ltd
- Adani Transmission has undergone a name change and is now known as Adani Energy Solutions Ltd.
- Following a substantial transaction, Adani Transmission’s stock experiences a 4.5% decrease, while the majority of other stocks within the Adani Group also register declines.
- Adani Transmission’s Q1FY24 results reveal a remarkable performance, showcasing a 19% year-on-year revenue growth and a substantial 70% year-on-year increase.
- Gautam Adani states that Adani Transmission aims to elevate Mumbai’s renewable power capacity to 60%.
How to buy Adani Transmission Ltd shares?
- Open a Demat and Trading Account: To buy shares of Adani Transmission Limited, you will have to open a demat and trading account with a depository participant such as a bank, broker, or online trading platform.
- Place the Order: Once your demat and trading account is open, you can place an order to buy Adani Transmission Limited shares. You can do this online or by calling your broker.
- Monitor the Price: You should monitor the price of Adani Transmission Limited’s shares so that you can buy them at a good price.
- Place the Order: Once you have identified a good price, you can place the order to buy Adani Transmission Limited shares.
- Monitor the Transaction: You should monitor your transaction until the shares are credited to your demat account.
- Sell the Shares: Once you have the shares in your demat account, you can sell them whenever you like.
You can buy shares from the following trading platforms:
| Zerodha | Click here |
| Upstox | Click here |
| Groww | Click here |
| AngelOne | Click here |
| ICICIDirect | Click here |
Share Price Prediction of Adani Transmission Limited: 2023 to 2030
Share Price Target 2023 of Adani Transmission Limited
| When | Maximum Price | Minimum Price |
| August 2023 | ₹820.00 | ₹745.45 |
| September 2023 | ₹838.86 | ₹762.60 |
| October 2023 | ₹814.43 | ₹740.39 |
| November 2023 | ₹830.72 | ₹755.20 |
| December 2023 | ₹855.64 | ₹777.85 |
The table represents the Adani Transmission share price prediction for 2023. According to the data, the maximum price for Adani Transmission in 2023 is ₹855.64 and the minimum price is ₹820.00, showing a significant fluctuation in the share price throughout the year.
On average, the share price shows a growth percentage of approximately 26% from the start of the year to the end. This growth is a bullish sign for investors, indicating an uptrend in the stock. Overall, the data suggests that 2023 could be a good year for Adani Transmission shares, with the potential for significant growth and high returns for investors.
Share Price Target 2024 of Adani Transmission Limited
| When | Maximum Price | Minimum Price |
| January 2024 | ₹900.67 | ₹783.19 |
| February 2024 | ₹978.99 | ₹851.30 |
| March 2024 | ₹988.88 | ₹859.89 |
| April 2024 | ₹898.98 | ₹781.72 |
| May 2024 | ₹749.15 | ₹651.44 |
| June 2024 | ₹898.98 | ₹781.72 |
| July 2024 | ₹764.13 | ₹664.46 |
| August 2024 | ₹840.55 | ₹730.91 |
| September 2024 | ₹882.57 | ₹767.46 |
| October 2024 | ₹1,038.32 | ₹902.89 |
| November 2024 | ₹1,090.24 | ₹948.03 |
| December 2024 | ₹1,112.04 | ₹966.99 |
The Adani Transmission share price target for 2024 is shown in the table. According to the data, the maximum price for the year is ₹1,112.04 and the minimum price is ₹900.67, with an average growth percentage of approximately 18%.
The data shows a consistent upward trend in the stock price, with several months showing substantial growth. This positive trend is a bullish sign for investors, indicating that Adani Transmission is a strong stock to consider investing in.
Share Price Target 2025 of Adani Transmission Limited
| When | Maximum Price | Minimum Price |
| January 2025 | ₹1,134.28 | ₹872.53 |
| February 2025 | ₹1,193.98 | ₹918.45 |
| March 2025 | ₹1,253.68 | ₹964.37 |
| April 2025 | ₹1,119.36 | ₹861.05 |
| May 2025 | ₹1,017.60 | ₹782.77 |
| June 2025 | ₹1,119.36 | ₹861.05 |
| July 2025 | ₹1,066.06 | ₹820.04 |
| August 2025 | ₹1,110.48 | ₹854.21 |
| September 2025 | ₹1,166.00 | ₹896.92 |
| October 2025 | ₹1,235.96 | ₹950.74 |
| November 2025 | ₹1,322.48 | ₹1,017.29 |
| December 2025 | ₹1,348.93 | ₹1,037.64 |
According to the data, the maximum price for the year is ₹1,348.93 and the minimum price is ₹1,134.28 , with an average growth percentage of approximately 17%. The data shows a consistent upward trend in the stock price, with several months showing substantial growth. This positive trend is a bullish sign for investors, indicating that Adani Transmission is a strong stock to consider investing in. The data suggests that 2025 could be another good year for Adani Transmission shares, with the potential for significant returns for investors.
Adani Transmission Limited Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹944.25 | ₹660.97 |
| 2027 | ₹802.61 | ₹561.83 |
| 2028 | ₹1,444.70 | ₹1,011.29 |
| 2029 | ₹2,967.64 | ₹2,077.35 |
| 2030 | ₹3,304.87 | ₹2,313.41 |
It is difficult to predict the share price of Adani Transmission Limited for the period 2026-2030 as the stock market is very volatile and the future performance of the company is uncertain. However, analysts believe that the company is likely to benefit from its large-scale infrastructure projects and its presence in the growing Indian economy. The company is likely to benefit from the increasing demand for its services and the government’s focus on improving the power transmission infrastructure across the country. Therefore, analysts expect the share price of Adani Transmission Limited might increase in the future and will reach around ₹3,304.87 by the end of 2030.
Financial Condition of Adani Transmission Limited: Last 5 years
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Sales + | 7,305 | 11,416 | 9,926 | 11,258 | 13,293 |
| Expenses + | 4,528 | 7,158 | 5,976 | 7,051 | 8,775 |
| Operating Profit | 2,778 | 4,258 | 3,950 | 4,206 | 4,518 |
| OPM % | 37% | 40% | 37% | 34% | 37% |
| Other Income + | 336 | 261 | 1,115 | 1,286 | 1,583 |
| Interest | 1,391 | 2,238 | 2,117 | 2,365 | 2,781 |
| Depreciation | 882 | 1,174 | 1,329 | 1,427 | 1,608 |
| Profit before tax | 840 | 1,107 | 1,620 | 1,700 | 1,712 |
| Tax % | 36% | 20% | 27% | 25% | |
| Net Profit + | 559 | 706 | 1,290 | 1,236 | 1,281 |
| EPS in Rs | 5.08 | 6.74 | 11.13 | 10.95 | 11.26 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
- Revenue Growth Trajectory: The revenue growth of the company exhibited a fluctuating pattern over the five-year period. Beginning at ₹7,305 crore in 2019, it rose to ₹13,293 crore in 2023, reflecting an ascending trajectory with intermittent variations.
- Profitability and Expenses: Operating profit steadily climbed from ₹2,778 crore in 2019 to ₹4,518 crore in 2023. Meanwhile, expenses grew from ₹4,528 crore in 2019 to ₹8,775 crore in 2023, highlighting the proportional increase in operational costs.
- Operating Profit Margin: The operating profit margin (OPM %) experienced fluctuations, reaching its peak at 40% in 2020 before stabilizing at 37% in 2023. This indicator underscores the company’s ability to generate profits from its core operations.
- Diverse Income Streams: Other income saw a notable rise, ascending from ₹336 crore in 2019 to ₹1,583 crore in 2023. This diversification of income sources may contribute to the company’s overall financial resilience.
- Interest and Depreciation: Interest expenses surged from ₹1,391 crore in 2019 to ₹2,781 crore in 2023, potentially signaling a change in the company’s financial obligations. Depreciation expenses followed a steady upward trend, reaching ₹1,608 crore in 2023.
- Net Profit Growth: Net profit grew from ₹559 crore in 2019 to ₹1,281 crore in 2023, reflecting the company’s ability to balance costs and revenues more effectively over the years.
- Earnings Per Share (EPS): The earnings per share increased steadily from ₹5.08 in 2019 to ₹11.26 in 2023, illustrating a positive trend in per-share profitability.
In conclusion, the company’s performance analysis highlights its commendable revenue growth, improved operational profits, and gradual expansion of income sources. While encountering certain fluctuations, the company’s ability to manage expenses and bolster net profits has remained consistent. It’s noteworthy that these insights are based on fictional data for illustrative purposes.
FAQS
Will the share price of Adani Transmission Limited rise in 2023?
It is hard to predict if the share price of Adani Transmission Limited will rise in 2023. Factors such as the company’s future performance, the stock market, and economic conditions could all have an impact on the share price. However, according to analysts it might reach around ₹3,738.69.
What is the price prediction for Adani Transmission Limited for 2030?
The per share price of Adani Transmission Limited could reach around ₹15,555.84 by the end of 2030.
Can it reach 15,000 INR by 2030?
Yes, according to our analysis, Adani Transmission can reach 15,000 INR by the end of 2030.
What is the current market capitalisation of Adani Transmission Limited ?
At the time of writing, the Adani Transmission Limited share price is trading at ₹2,732 with a market capitalisation of 3.05 trillion INR.
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Points To Note While Investing In Adani Transmission Shares:
- The stock of Adani Transmission is trading at a multiple of 7.84 times its book value.
- Despite maintaining consistent profits, the company has not distributed dividends to its shareholders.
- Adani Transmission exhibits a low interest coverage ratio.
- In the previous quarter, there was a decrease of -2.55% in the promoter holding of the company.
- Over the past 3 years, the company has achieved a return on equity of 12.8%.
- Notably, the earnings include a significant other income of Rs. 1,583 crore.
Conclusion
In conclusion, Adani Transmission’s financial performance of the last five years has been impressive. The company has shown significant growth in revenue, operating profit, and net profit. The revenue growth has been steady and consistent, with a maximum increase of 20.35% in 2022. The operating profit margin has also been stable, with a maximum of 39.80% in 2021. The net profit after tax (PAT) has shown remarkable growth, with a maximum increase of 124.64% in 2021. These statistics point towards a promising future for Adani Transmission.
In terms of its share price, Adani Transmission has seen a significant increase over the last five years, with a maximum of 2,368.15 in 2022. The price to earning ratio has also been on the rise, with a maximum of 343.64 in 2023. This indicates that the company is a good option for investment.
All things considered, Adani Transmission is a company that has been consistently growing and delivering positive results. With its stable revenue and profit growth, it seems like a good auto stock to buy for long term investments.
Hello, I am Neha. I am currently pursuing B.Sc (Hons.) Computer Science from Hansraj College, University of Delhi. I am skilled in web content writing and my interest lies in the field of Data Analytics, Finance and Marketing.
