Gautam Adani's power transmission company can give multibagger earnings to its shareholders who invest in the stock of adani Green Energy Solutions in 2025. Ventura capital has released its coverage report on adani Green Energy Solutions. According to this report, the share of adani Green Energy Solutions can go up to Rs 1675, which is currently trading at Rs 772.
Adani Green Energy Solutions will give bumper returns!
Brokerage house Ventura capital said in its report, adani Green Energy Solutions can show strong performance in the long term due to its strong fundamentals, better strategic decisions and excellent dynamics of this industry. Ventura capital has recommended buying the stock of adani Green Energy Solutions for a target price of Rs 1675 in the next two years. That is, the company's stock can give a return of 117 percent to its investors from the current level.
The stock can give a return of up to 150 percent!
The brokerage house has reviewed the returns of adani Green Energy Solutions in both bull and bear cases based on the company's revenue growth, EBITDA margin and EV / EBITDA multiples. According to this note, in the bull case, that is, in the event of strong growth of the company, the stock of adani Green Energy Solutions can go up to Rs 1923 with a jump of 149 percent from the current level. According to Ventura capital, the price target in the bear case can be Rs 649. That is, the stock can also fall by 16 percent from the current level.
The stock is 82% below its lifetime high. The stock of adani Green Energy Solutions is currently trading at Rs 772. But it is trading 82 percent below its lifetime high. On 16 september 2022, the stock had made a high of Rs 4236. Even before the Hindenburg Research report against the adani Group came on 23 january 2023, the stock was trading at Rs 2784. That is, the stock is trading 72 percent below that level. After the Hindenburg Research report came, all the stocks of the adani Group have recovered from the setback, but the stock of adani Green Energy Solutions is yet to recover. But if the report of Ventura capital is to be believed, then the good days of the stock and its investors may return.
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