Pending — not yet graded
“Bullish on Adani Power with a Buy rating and a target price of ₹270, implying 33% upside. Management aims to expand capacity by 2.5 times to 45 GW by FY32, with 56% of upcoming capacity already locked in long-term PPAs. Expects 22% EBITDA CAGR over FY26-30E and free cash flow positive by FY30E, noting its low leverage profile.”
Jefferies Analysis’s track record: 3 graded calls · 95% CI 44–100%
Adani PowerBullishCalled 18 Sep 2026
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