27-Oct-2026 07:49:08
ADANIPOWERGeneral news
Jefferies on Adani Power ; Buy, TP cut to Rs 240
Sept Qtr EBITDA was 21% above estimates given higher than expected merchant sales Raise FY27E EBITDA and PAT by 6-8% but retain FY28E-30E estimates as proportion of merchant reduces with signing of incremental PPAs. Management retained their 2032 capacity guidance of 45 GW, with land and equipment already tied up for 42 GW.
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