5 Best Adani Stocks To Watch Out For 2022

Best Adani Stocks: Imagine the wealth you have created by investing in Adani stocks over the past year.

Suppose you have invested Rs. 1 lakh in Adani Power Limited at a price of Rs.95.70 per share on May 04, 2022. You hold 1,045 shares.

The Adani shares are valued at Rs. 2.92 lakhs (share price on May 02, 202,2 was Rs. 280.35). And this kind of income is not limited to Adani Power Limited. Almost every Adani stock has yielded exceptional returns over the past year.

Best Adani Stocks: Adani shares such as Adani Enterprises Limited and Adani Ports & SEZ Limited are a permanent feature of the daily volatility list.

Retail investors love Adani shares, why not? Adani stocks are highly fluid, volatile and experience wide volatility in prices, making them ideal for traders. Here is a list of Adani shares currently listed on the Indian Stock Exchange.

5 Best Adani Stocks To Watch Out For 2022

Best Adani Stocks

Best Adani Stocks: These are the 5 Best Adani Stocks To Watch Out For 2022:

Adani Green Energy Ltd

Best Adani Stocks: Adani Green Energy Limited (Adani Green Energy) is a company in the heavy electrical equipment sector. The total valuation (market value) of the company is ₹3,43,711 crore. The price of one share of the company is ₹ 2,165.85 in the BSE market and ₹ 2,166.45 in the NSE market. Adani Green Energy Limited was established in the year X.

As per the report provided by the company, the total income for the last year stood at Rs 1,580.229 crore and the total sales were Rs 1,246.844 crore. The company’s net profit stood at Rs 134.258 crore. Adani Green Energy Limited has paid tax of Rs -10.399 crore in the current year.

PROS

• It is being expected from the company to give good quarter
• Company’s profit growth over last 5 years is 41.40% CAGR

CONS

• Stock is trading at 131.38 times its book value
• Though the company is reporting repeated profits, it is not paying out dividend
• Company has low interest coverage ratio.
• Tax rate seems low
• Company can capitalize the interest cost
• Promoter holding has decreased over last 3 years: -25.23%

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Adani Transmission Ltd

Best Adani Stocks: Adani Transmission Limited is a company in the Electric Utilities Sector. The total valuation (market value) of the company is ₹2,38,693 crore. The price of one share of the company is ₹2,186.45 in the BSE market and ₹2,186.25 in the NSE market. Adani Transmission Limited was established in the year 2013.

As per the report provided by the company, the total income for the last year stood at Rs 1,653.62 crore and the total sales stood at Rs 857.79 crore. The company’s net profit stood at Rs 5.54 crore. Adani Transmission Limited has paid tax of Rs -1.08 crore in the current year.

PROS

• Company’s profit growth over last 5 years is 23.67% CAGR

CONS

• Stock is trading at 24.60 times its book value
• Though the company is reporting repeated profits, it is not paying out dividend
• Company has low interest coverage ratio.

Adani Gas Ltd.

Best Adani Stocks: Adani Gas Limited is an integrated oil and gas sector company. The total valuation (market value) of the company is ₹40,192 crore. The price of one share of the company is ₹365.00 in the BSE market and ₹365.90 in the NSE market. Adani Gas Limited was established in the year 2005.

As per the report provided by the company, the total income for the last year stood at Rs 1,918.94 crore and the total sales stood at Rs 1,874.55 crore. The company’s net profit stood at Rs 436.24 crore. Adani Gas Limited has paid tax of -133.11 crores in the current year.

PROS

• It is expected from the company to give a good quarter
• Company’s profit growth over the last 5 years is 28.92% CAGR
• Company has a good return on equity (ROE) track record: 3 Years ROE 27.25%

CONS

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Adani Enterprises Ltd

Best Adani Stocks: Adani Enterprises Limited (Adani Enterprises) is a trading and distribution company. The total valuation (market value) of the company is ₹2,33,438 crore. The price of one share of the company is ₹ 2,080.10 in BSE market and ₹ 2,080.15 in NSE market. Adani Enterprises Limited was established in the year 1993.

As per the report provided by the company, the total income for the last year stood at Rs.16,619.02 crore and the total sales stood at Rs.16,208.69 crore. The company’s net profit stood at Rs 698.89 crore. Adani Enterprises Limited has paid tax of Rs-222.47 crore in the current year.

PROS

• It is expected from the company to give good quarter
• Debtor days have improved from 97.76 to 72.10 days.

CONS

• Stock is trading at 10.65 times its book value
• Company has low interest coverage ratio.
• Company has a low return on equity of 5.16% for last 3 years.
• Dividend payout has been low at 11.92% of profits over last 3 years

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Adani Ports and Special Economic Zone Ltd.

Best Adani Stocks: Adani Ports & Special Economic Zone Limited (Adani Ports &Special) is a maritime port and services sector company. The total valuation (market value) of the company is ₹ 1,48,404 crores. The price of one share of the company is ₹702.90 in the BSE market and ₹703.10 in the NSE market. Adani Ports & Special Economic Zone Limited was established in the year 1998.

As per the report provided by the company, the total income for the last year stood at Rs.7,672.92 crore and the total sales stood at Rs.4,643.28 crore. The company’s net profit stood at Rs 1,934.25 crore. Adani Ports and Special Economic Zone Limited has paid tax of Rs -527.99 crore in the current year.

PROS

• It is expected from the company to give a good quarter
• Company maintained a good dividend payout of 19.99%
• Debtor days has improved from 77.75 to 49.72 days.
• Promoter holding has increased by 1.71% over the last quarter.
• Company’s median sales growth is 18.72% in last 10 years

CONS

• Stock is trading at 3.88 times its book value
• Tax rate seems low
• Company might be capitalizing the interest cost

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