Hear What Our Boarders Have to Say
The discussion revolves around Adani Power stock, with sentiments leaning towards a positive outlook.
- Technical Analysis & Predictions: Some traders believe a complex pattern indicates a buying opportunity. Predictions include crossing 700 before a split, reaching 670 soon, and potentially hitting 1200-1400 levels by 2026. Some suggest a split price between 680-720.
- Block Deals & Promoter Activity: There’s significant interest in recent block deals, specifically who bought/sold large volumes of shares. Speculation exists about promoters potentially selling to a big investor like GQG, possibly to reduce debt.
- Fundamentals & News: The long-term power supply agreement with Bihar and a new project in Madhya Pradesh are seen as positive developments. Focus on future EBITDA targets (70,000 crore in six years). Some analysts cite lower coal costs as a potential profitability boost.
- Market Manipulation & Volatility: Concerns are raised about market manipulation and efforts to remove retail investors. Volatility is noted, with some questioning price fluctuations.
- Comparison with Other Adani Stocks: Some compare Adani Power’s performance with other Adani group stocks, observing that some are rising while others are falling.
- Split Speculation: There’s considerable discussion and speculation about the stock split, including potential split price.
