Adani Power Ltd
ADANIPOWER

31.10

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

31.05

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

29.10

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
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Sell
Reco. Price
Rs 29.00

Last updated on 02-Dec-2016

We recommend a SELL on the stock due to contracting EBITDA margins and excessive pressure on earnings due to high interest costs. The stock appears overvalued considering the high degree of leverage. The stock is currently trading at FY17E EV/EBITDA of 9x. (Target Price - Rs.26)
Detailed View
50 DMA (.)
26.21
100 DMA (.)
27.03
200 DMA (.)
28.65
Weekly Range (.)
24.40
29.75
Monthly Range (.)
23.15
29.75
52 Weeks Range (.)
22.45
36.10
Detailed Chart