26-Oct-2026 09:01:12
ADANIENSOLGeneral news
JEFFERIES ON ADANI ENERGY ; BUY | TP ₹1,980 (EARLIER ₹2,060)
• Trading business drives Q2 EBITDA beat. • FY27 EBITDA estimates raised by 6%. • FY28–30 EBITDA estimates cut by 4–5% due to lower capitalization guidance in transmission and smart meters. • Expects EBITDA CAGR of over 25% during FY26–30. • Sees further earnings upside from the trading business. • Retains Adani Energy as one of its top sector picks.
ADANI ENERGY SOLUTION LTD