4 Adani Group Stocks Trading at Discounts of Up to 50% to Add to Your Watchlist
4 Adani Group Stocks Trading have seen significant declines, with some trading at discounts of over 50%. This downturn stems from multiple challenges, including the Hindenburg Research report (January 2023), which accused the conglomerate of stock manipulation and accounting fraud, and recent U.S. prosecutors’ indictments against Gautam Adani and executives over bribery allegations in solar energy contracts. These developments, along with heightened regulatory scrutiny, ongoing investigations, and broader economic uncertainties, have resulted in massive sell-offs and depressed valuations. Despite this, several Adani stocks present potential opportunities for investors willing to take calculated risks.
1. Adani Power Ltd
Sector: Thermal and Solar Power
Profile: India’s largest private thermal power producer, with a capacity of 15,250 MW, established in 1996. Adani Power focuses on sustainability and advanced technologies, ensuring reliable energy solutions for the nation.
Performance:
- Revenue (FY2024):₹50,351 crore (30% growth from ₹38,773 crore in FY2023).
- Net Profit (FY2024): ₹20,829 crore (94% increase from ₹10,727 crore in FY2023).
Stock Details:
- Current Price: ₹495.50
- Today’s Change: Down 3.76%
- Discount: Trading 44.68% below its 52-week high.
2. Adani Green Energy Ltd
Sector: Renewable Energy
Profile: A leading player in renewable energy, with a 10,934 MW capacity, focusing on solar and wind projects to drive global decarbonization efforts and provide affordable green energy solutions.
Performance:
- Revenue (FY2024):₹9,220 crore (19% growth from ₹7,776 crore in FY2023).
- Net Profit (FY2024): ₹1,260 crore (30% growth from ₹973 crore in FY2023).
Stock Details:
- Current Price: ₹999
- Today’s Change: Down 1.29%
- Discount: Trading 54.04% below its 52-week high.
3. Adani Wilmar Ltd
Sector: FMCG (Edible Oils and Food Products)
Profile: A joint venture between Adani Group and Wilmar International, this company is a top edible oil brand in India, operating large-scale refineries and emphasizing sustainability and quality in its diverse product offerings.
Performance:
- Revenue (FY2024): ₹49,243 crore (declined by 11% from ₹55,262 crore in FY2023).
- Net Profit (FY2024): ₹278 crore (fell 54% from ₹607 crore in FY2023).
Stock Details:
- Current Price: ₹259
- Today’s Change: Up 2.84%
- Discount: Trading 39.66% below its 52-week high.
4. Adani Total Gas Ltd
Sector: Natural Gas Distribution
Profile: Specializing in city gas distribution across 52 regions in India, Adani Total Gas is focused on delivering clean energy solutions and expanding India’s natural gas infrastructure with innovative and sustainable growth strategies.
Performance:
- Revenue (FY2024): ₹4,475 crore (2% growth from ₹4,378 crore in FY2023).
- Net Profit (FY2024): ₹668 crore (22% growth from ₹546 crore in FY2023).
Stock Details:
- Current Price: ₹NaN
- Discount: Trading significantly below its 52-week high.
| Stock | Website |
| Adani Power Ltd | Click here |
| Adani Green Energy Ltd | Click here |
| Adani Wilmar Ltd | Click here |
| Adani Total Gas Ltd | Click here |
Key Takeaways
While Adani Group stocks are currently under pressure, the robust financial performance of its key companies, coupled with discounted valuations, offers potential for value investing. However, investor caution is advised due to ongoing investigations and governance concerns.
