Should I buy Adani Power stock in 2025?
Is it the right time to buy Adani Power?
ScoreAdani Power, India's largest private thermal power producer, is currently trading around ₹584.80 (as of July 4, 2025), with an active average daily volume of 6.5 million shares. Despite market volatility in the past year, the company's resilience stands out: revenue climbed 12% year-on-year, even as net profit softened amid higher costs and increased tax outgo. Key developments—such as the awarding of a major ₹6,500 crore project to BHEL, a leadership renewal with Shersingh Khyalia as CEO, and reaffirmed strong credit ratings—have helped reinforce long-term investor confidence. With strategic plans to nearly double capacity to 30.7 GW by 2030 and recent resolution of sizable cross-border receivables, Adani Power fortifies its status in a sector that is increasingly vital to India's growing energy needs. The sentiment among both analysts and the investor community remains notably constructive. According to the consensus of more than 14 national and international banks, the target price is set at ₹760.24, underscoring broad faith in the firm’s structural strengths. For investors seeking exposure to the evolving Indian power sector, Adani Power presents a compelling blend of scale, expansion, and market leadership.
- ✅Leader in India's private thermal power market with 17 GW current capacity
- ✅Aggressive capacity expansion target of 30.7 GW by 2030
- ✅Strong revenue growth: 27% CAGR over the past three years
- ✅Successful cross-border operations and robust international receivables recovery
- ✅Consistent inclusion in major indices: Nifty 200, BSE 500, Nifty Energy
- ❌Declining profitability in FY25 amid rising fuel costs and higher taxation
- ❌Dependence on coal subjects margins to commodity price and regulatory risks
Score- ✅Leader in India's private thermal power market with 17 GW current capacity
- ✅Aggressive capacity expansion target of 30.7 GW by 2030
- ✅Strong revenue growth: 27% CAGR over the past three years
- ✅Successful cross-border operations and robust international receivables recovery
- ✅Consistent inclusion in major indices: Nifty 200, BSE 500, Nifty Energy
Is it the right time to buy Adani Power?
- ✅Leader in India's private thermal power market with 17 GW current capacity
- ✅Aggressive capacity expansion target of 30.7 GW by 2030
- ✅Strong revenue growth: 27% CAGR over the past three years
- ✅Successful cross-border operations and robust international receivables recovery
- ✅Consistent inclusion in major indices: Nifty 200, BSE 500, Nifty Energy
- ❌Declining profitability in FY25 amid rising fuel costs and higher taxation
- ❌Dependence on coal subjects margins to commodity price and regulatory risks
Score- ✅Leader in India's private thermal power market with 17 GW current capacity
- ✅Aggressive capacity expansion target of 30.7 GW by 2030
- ✅Strong revenue growth: 27% CAGR over the past three years
- ✅Successful cross-border operations and robust international receivables recovery
- ✅Consistent inclusion in major indices: Nifty 200, BSE 500, Nifty Energy
- What is Adani Power?
- The price of Adani Power stock
- Our full analysis of Adani Power stock
- How to buy Adani Power stock?
- Our 7 tips for buying Adani Power stock
- The latest news about Adani Power
- FAQ
- On the same topic
Why trust HelloSafe ?
At HelloSafe, our experts have been tracking Adani Power's performance for over three years. Every month, lakhs of users in India trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Adani Power.
What is Adani Power?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | India | Adani Power is an Indian company and the country’s leading private thermal power producer. |
| 💼 Market | NSE / BSE | Listed on both major Indian stock exchanges, providing broad access for investors. |
| 🏛️ ISIN code | INE814H01011 | Unique ISIN identifies Adani Power shares for trading and demat accounts in India. |
| 👤 CEO | Shersingh Khyalia | Appointed in June 2025, bringing extensive sector experience to Adani Power’s management. |
| 🏢 Market cap | ₹225,554 crores | Reflects Adani Power’s status as a major player in India’s power generation sector. |
| 📈 Revenue | ₹56,203 crores (FY25, annual) | Revenue is growing, supported by rising demand and power capacity expansions. |
| 💹 EBITDA | ₹19,109 crores (FY25, annual) | Strong EBITDA highlights robust cash generation, but margins face coal price volatility. |
| 📊 P/E Ratio (Price/Earnings) | 17.43 | Indicates reasonable valuation, but recent profitability has declined due to higher costs. |
The price of Adani Power stock
The price of Adani Power stock is rising this week.
As of today, Adani Power trades at ₹584.80 per share, with a 24-hour decline of ₹3.10 (-0.53%) but a slight weekly gain of 0.08%. Market capitalization stands at ₹225,554 crores and the three-month average daily volume is 6.52 million shares. The Price/Earnings (P/E) Ratio currently is 17.43, with a dividend yield of 0.00% and a stock beta of 1.19.
With no dividend payout and a moderate beta, Adani Power offers dynamic trading potential, but investors should be mindful of potential volatility linked to sector developments.
Our full analysis of Adani Power stock
After a thorough review of Adani Power’s latest financial disclosures, recent price performance, and a multi-dimensional analysis of both technical and fundamental signals—as benchmarked against sector peers and market sentiment—our proprietary algorithms synthesize a compelling case for investors. With an emphasis on quantitative evidence, market trends, and forward-looking company disclosures, this deep dive considers the robust stock data from the past three years. So, why might Adani Power stock once again become a strategic entry point into India’s fast-evolving power and infrastructure sector in 2025?
Recent performance and market context
Adani Power has demonstrated impressive resilience, even amid sector volatility and broader market corrections. As of July 2025, the stock trades at ₹584.80, displaying a stable weekly gain (+0.08%) and a robust six-month appreciation (+9.81%) despite posting a year-on-year decline. This turnaround reflects both improving sentiment and strong operational delivery following industry-wide headwinds last year.
Recent months have been punctuated by multiple positive catalysts:
- A strategic ₹6,500 crore contract was secured with BHEL for large-scale thermal units, confirming Adani Power’s dominance in project awards and execution.
- The appointment of Shersingh Khyalia as CEO brings new executive energy and a track record of value creation to the boardroom.
- Adani Power’s reaffirmed credit ratings (AA/Stable) and an ESG score of 54 from CRISIL position the company well with institutional investors increasingly focused on sustainability.
Further underpinning this bullish context, the forecast for India’s power sector remains strongly positive: accelerated electrification, urbanization, and industrial demand continue to outpace supply additions. India’s regulatory environment supports market-based tariffs and privatization, driving greater profitability for efficient incumbents like Adani Power.
Technical analysis
Current technical signals are converging toward a constructive setup for bulls. The share price has consistently outperformed the 20-, 50-, 100-, and 200-day simple moving averages (SMAs), now positioned above all relevant technical benchmarks (SMA 20: ₹568.43; SMA 200: ₹547.42). This is a technical confirmation of ongoing upward momentum and suggests any short-term dip is being quickly bought by market participants.
Momentum oscillators add conviction to this outlook:
- The RSI (14-day) stands at 61.44, indicating ongoing demand without yet entering overbought territory, so there is room for further price appreciation.
- The MACD registers a bullish crossover (3.65), supported by a sharply positive Stochastic RSI (97.09), signifying strong short-term accumulation.
- The presence of a robust technical support at ₹578.50, just below current levels, creates an ideal “buy-the-dip” setup for traders and investors alike.
- Major resistance sits at ₹600.90; a confirmed close above this would likely trigger additional upside momentum.
The healthy balance of bullish and neutral indicators, combined with the absence of technical deterioration, reinforces the thesis that Adani Power is entering a new intermediate-term uptrend.
Fundamental analysis
From a fundamental perspective, Adani Power stands out as one of the sector’s most compelling growth stories. Q4 FY25 revenue rose by 6.5% year-on-year to ₹14,237 crores, underpinned by a substantial 18.9% increase in electricity sales volumes. Even as net profit dipped marginally for the quarter (₹2,637 crores, down 4%), this short-term margin pressure was largely due to known factors such as higher input costs and increased tax expense.
What is remarkable is Adani Power’s unmatched scale and expansionary ambition:
- The company aims to raise total generating capacity from 17 GW to 30.7 GW by 2030, positioning itself to capture critical share in both base and peak load demand as India’s energy transition accelerates.
- Institutional metrics remain robust: a 3-year revenue CAGR of 27%, 5-year earnings CAGR at an outstanding 65.3%, average 3-year ROE of 40.3%, and a solid current ROCE of 22.5%.
- Profitability remains anchored by an industry-leading 34% operating margin in Q4 and long-term Power Purchase Agreements (PPAs) with off-takers, largely insulating the business from price volatility.
Crucially, Adani Power trades on a forward P/E of 17.43, which—given its consistent earnings delivery, aggressive reinvestment, and Indian macro tailwinds—appears justified and arguably attractive versus the benchmarks for top-quartile growth industrials with similar risk/return profiles.
The company’s vertical integration strategy—managing coal supply, logistics, and downstream transmission—further bolsters its margin profile and operational flexibility. Market leadership is also reinforced by strong brand value, a deep project pipeline, and successful diversification, including cross-border exports (notably to Bangladesh).
Volume and liquidity
Liquidity remains a crucial strength for Adani Power, with a 3-month average daily trading volume of 6.52 million shares and a free float that enables dynamic price discovery. Active market participation, even during consolidation phases, underscores ongoing investor interest and provides the flexibility required by both retail and institutional players for entry and exit.
The share’s 52-week range (₹432.00–₹752.90) and recent volumes suggest high engagement at current levels, reducing the risk of illiquidity. This trading environment is particularly favorable for timely repositioning and effective use of technical signals for execution.
Catalysts and positive outlook
Looking ahead, Adani Power’s outlook is shaped by a suite of powerful bullish catalysts:
- Capacity Expansion: The roadmap to ~31 GW by 2030 ensures that the company stands ready to address India’s growing electricity needs. New projects are expected to generate both substantial incremental revenue and further operating leverage.
- ESG & Sustainability: With CRISIL’s “Adequate” ESG score and a commitment to sustainable practices, Adani Power is progressively improving its risk profile, a factor increasingly prized by global investors.
- Regulatory and Policy Tailwinds: The Government of India’s unwavering commitment to electricity reforms, infrastructure upgrades, and carbon transition initiatives will continue to underpin sector profitability.
- Innovation and Integration: Progressive vertical integration and investments in upgraded technology for process efficiency and emissions management provide structural edges.
- Financial Strength and Credit Ratings: A reaffirmed AA (Stable) credit rating with high levels of promoter holding (74.96%) and significant FII interest (12.36%) signal long-term stability and market endorsement.
Other notable near-term catalysts include ongoing resolution of international receivables (successfully recovering ₹437 million from Bangladesh), regular project awards (such as the recent BHEL deal), and the expectation of improved cost management as expansion scales.
Investment strategies
Given the combination of powerful technical and fundamental alignment, Adani Power currently presents attractive options for all investment horizons:
Short-Term (tactical trades):
- The stock has recently bounced off confirmed support and is exhibiting bullish momentum, making it a strong candidate for traders seeking to capitalize on near-term upside towards resistance at ₹600.90 or above.
- Short-term sentiment is further buoyed by a supportive sector backdrop, technical strength, and event-driven catalysts (e.g., earnings, major contract wins).
Medium-Term (momentum or position trades):
- Investors focusing on delivery over the next 6–12 months can position ahead of anticipated earnings acceleration as new capacity ramps up and margin normalization takes shape.
- Participation at current levels is reinforced by the likelihood of further index inclusion and increased institutional buying, as liquidity and market capitalization thresholds are surpassed.
Long-Term (strategic allocation):
- For those seeking exposure to India’s secular energy growth, Adani Power remains uniquely positioned thanks to its scale, vertical integration, and leadership in a sector undergoing rapid transformation.
- The forward-looking expansion strategy, combined with long-term PPAs and a proven track record of value creation, supports a sustained “buy and hold” approach—especially for sophisticated investors focused on total return and earnings compounding.
The ideal positioning is for investors to consider accumulation on technical retracements toward support zones, or to use any consolidation phase to build meaningful exposure ahead of quarterly catalysts or major project announcements.
Is it the right time to buy Adani Power?
Synthesizing the evidence across all pillars—technicals, fundamentals, liquidity, and forward catalysts—Adani Power currently seems to represent an excellent opportunity for investors looking to strengthen their participation in India’s continued power sector boom. The company’s strong earnings trajectory, ambitious capacity expansion, robust liquidity, and attractive valuation context all reinforce the case for renewed interest.
While some near-term margin volatility remains, ongoing operational improvements and macro tailwinds strongly suggest that the company may be entering a new bullish phase. Given its sector leadership and multifaceted strengths, Adani Power deserves serious attention as a dynamic growth story in a structurally positive environment. For investors seeking participation in India’s energy revolution, this stock may be ideally placed at a technical and fundamental inflection point that could drive upside through 2025 and beyond.
Adani Power appears to offer a rare combination of scale, momentum, and transformative potential—making this a moment of genuine opportunity for well-informed market participants.
How to buy Adani Power stock?
Buying Adani Power stock online is simple and secure when you use a regulated broker with a presence in India. You can choose between owning the shares directly (spot buying), or trading on price movements using Contracts for Difference (CFDs). Both methods have advantages, whether you aim to invest for the long term or trade more flexibly. For a detailed comparison of broker options and their fees, refer to our broker comparator further down the page.
Spot buying
When you purchase Adani Power stock for cash, you become a shareholder and own the shares in your Demat account. This is called a direct or “spot” purchase. Most brokers charge a low, fixed commission per stock order, typically ranging from ₹20 to ₹50 per transaction.
Adani Power Share: Gain Scenario Example
If the Adani Power share price is ₹584.80, you can buy around 1.7 shares with a $1,000 investment (about ₹83,800), including a brokerage fee of around $5 (about ₹420).
✔️ Gain scenario:
If the share price rises by 10%, your shares are now worth about $1,100 (₹92,180).
Result: +$100 gross gain, or +10% on your investment.
Trading via CFD
CFD (Contract for Difference) trading lets you speculate on the price of Adani Power shares without actually owning them. CFD brokers charge a spread (the gap between buy and sell prices) and overnight financing if you hold leveraged positions for more than a day. This method is popular for short-term strategies and allows the use of leverage, but you need to be aware of potential risks.
CFD Trading Gain Scenario: Adani Power
You open a CFD position on Adani Power shares, with 5x leverage and a $1,000 margin (about ₹83,800).
This gives you market exposure of $5,000 (about ₹419,000).
Gain scenario:
If the stock rises by 8%, your position earns 8% × 5 = 40%.
Result: +$400 gain, on a $1,000 stake (broker spread and overnight costs excluded).
Final advice
Before investing, it is important to compare brokers’ fees, available platforms, and market conditions, as these can affect your overall returns. The right method for you depends on your investment goals, time horizon, and risk tolerance. You will find a detailed broker comparison further down this page to help you make an informed choice.
Check out the best brokers in India!Compare brokersOur 7 tips for buying Adani Power stock
| 📊 Step | 📝 Specific tip for Adani Power |
|---|---|
| Analyze the market | Review demand trends in India’s power sector and examine Adani Power’s expansion plans and competitors. |
| Choose the right trading platform | Opt for an Indian broker with strong reliability, efficient order execution, and low fees for Adani Power transactions. |
| Define your investment budget | Set a realistic budget, considering Adani Power's stock volatility; diversify across other sectors for balance. |
| Choose a strategy (short or long term) | Decide if you want to benefit from Adani Power’s long-term capacity growth or take advantage of short-term price movements. |
| Monitor news and financial results | Track Adani Power’s quarterly earnings and regulatory developments that may affect the company’s future. |
| Use risk management tools | Employ stop-loss orders and regularly review your exposure to minimize risk with Adani Power’s sometimes fluctuating price. |
| Sell at the right time | Consider selling when the stock hits technical resistance or after positive news-driven rallies for optimal gains. |
The latest news about Adani Power
BHEL secures ₹6,500 crore contract from Adani Power for new thermal units expansion. Within the past week, Adani Power awarded a major turnkey order to Bharat Heavy Electricals Limited (BHEL) for the expansion of six supercritical thermal power units. This contract, valued at ₹6,500 crore, adds significant momentum to Adani Power’s ambitious plans to increase its installed capacity, directly addressing India's growing power demand and further cementing Adani Power’s role as a leader in the sector.
Adani Power maintains strong analyst and market confidence with 100% buy recommendations and stable credit ratings. Recent confirmations from leading brokerages and credit agencies reinforce optimism around Adani Power, with all analysts maintaining buy ratings and ICRA reaffirming AA (Stable)/A1+ grades for debt instruments. This institutional consensus highlights continued professional trust in the company’s financial health, growth prospects, and ability to service obligations amid an expansionary environment.
Adani Power achieves a significant year-on-year jump in Q4 revenue, supporting positive sectoral outlook. The company’s recently reported Q4 FY25 results show revenue of ₹14,237 crore—a 6.5% increase year on year and a clear sign of sustained demand for power in the Indian market. Despite margin moderation from higher costs, strong top-line growth underlines operational execution and the strength of Adani Power’s contractual relationships with state utilities and large industrial consumers.
Strategic management reshuffle positions Adani Power for next phase of growth and operational excellence. With the appointment of Shersingh Khyalia as CEO and Executive Director in late June 2025, Adani Power is signaling a focused approach to managing its asset base, accelerating new projects, and leveraging its expanded organizational capabilities. This transition is expected to reinforce governance, improve execution, and drive strategic expansion both domestically and in international projects.
Technical indicators turn increasingly positive with price trading above all major moving averages and a bullish MACD signal. Latest market data reveals that Adani Power’s share price remains above its 20-, 50-, 100-, and 200-day simple moving averages, reflecting a persistent upward momentum. The recent MACD reading also confirms a bullish trend, while current analyst consensus points to additional upside potential if the stock breaks above the key resistance of ₹600.90 in coming trading sessions.
FAQ
What is the latest dividend for Adani Power stock?
Adani Power currently does not pay any dividends. As of July 2025, there has been no dividend distribution, and the company has maintained a zero-dividend policy for recent years. Investors seeking income may wish to note that Adani Power is more growth-oriented, focusing its cash flows on capacity expansion and operational investments rather than direct shareholder payouts.
What is the forecast for Adani Power stock in 2025, 2026, and 2027?
Based on the current share price of ₹584.80, the projected value is ₹760 at the end of 2025, ₹877 at the end of 2026, and ₹1,169 at the end of 2027. These optimistic projections reflect strong sector momentum, ongoing capacity expansions, and resilient demand for power in India, with the company benefitting from strategic contracts and a robust project pipeline.
Should I sell my Adani Power shares?
Holding onto Adani Power shares could be a prudent decision for investors with a mid- to long-term outlook. The stock benefits from strong fundamentals, a leading market position, and a clear expansion strategy. Given the company’s role as a major private power producer in India and its ongoing capital investments, staying invested may allow shareholders to participate in future growth as market conditions improve.
Is Adani Power eligible for any tax-saving investment scheme in India?
Adani Power shares are not eligible for specific tax-saving schemes like ELSS (Equity Linked Savings Scheme) in India. However, gains and dividends from Adani Power are subject to the country’s standard capital gains and dividend tax rules. For long-term investors, capital gains above ₹1 lakh are taxed at 10%, while short-term gains are taxed at 15%. Always consult a tax professional for the latest details.
What is the latest dividend for Adani Power stock?
Adani Power currently does not pay any dividends. As of July 2025, there has been no dividend distribution, and the company has maintained a zero-dividend policy for recent years. Investors seeking income may wish to note that Adani Power is more growth-oriented, focusing its cash flows on capacity expansion and operational investments rather than direct shareholder payouts.
What is the forecast for Adani Power stock in 2025, 2026, and 2027?
Based on the current share price of ₹584.80, the projected value is ₹760 at the end of 2025, ₹877 at the end of 2026, and ₹1,169 at the end of 2027. These optimistic projections reflect strong sector momentum, ongoing capacity expansions, and resilient demand for power in India, with the company benefitting from strategic contracts and a robust project pipeline.
Should I sell my Adani Power shares?
Holding onto Adani Power shares could be a prudent decision for investors with a mid- to long-term outlook. The stock benefits from strong fundamentals, a leading market position, and a clear expansion strategy. Given the company’s role as a major private power producer in India and its ongoing capital investments, staying invested may allow shareholders to participate in future growth as market conditions improve.
Is Adani Power eligible for any tax-saving investment scheme in India?
Adani Power shares are not eligible for specific tax-saving schemes like ELSS (Equity Linked Savings Scheme) in India. However, gains and dividends from Adani Power are subject to the country’s standard capital gains and dividend tax rules. For long-term investors, capital gains above ₹1 lakh are taxed at 10%, while short-term gains are taxed at 15%. Always consult a tax professional for the latest details.
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