Adani Power Ltd
ADANIPOWER

36.70

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

36.75

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

36.70

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
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Sell
Reco. Price
Rs 36.50
We recommend a SELL on the stock due to shrinking EBITDA margins and high interest costs. The stock also appears overvalued considering the high degree of leverage which pressurizes earnings. The stock is currently trading at FY18E EV/EBITDA of 9.4x. (Target Price - Rs.31.5)
Detailed View
50 DMA (.)
33.97
100 DMA (.)
30.34
200 DMA (.)
29.51
Weekly Range (.)
34.25
36.10
Monthly Range (.)
33.50
37.65
52 Weeks Range (.)
23.15
39.05
Detailed Chart