Adani Power Q2 Review: Long-Term Outlook Remains Intact Says ICICI Securities Maintaining 'Buy'

5 days ago 4
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ICICI Securities maintains 'Buy' on the stock, sees upto 15% upside potential.

31 Oct 2025, 01:05 PM IST i

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31 Oct 2025, 01:05 PM IST

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31 Oct 2025, 01:05 PM IST

Adani Power

Adani Power reported revenue growth of 1% YoY to Rs 134 billion.   (Photo: Anirudh/Unsplash)

Adani Power has resolved its disputes, reduced the leverage and improved the profits of its operating assets. It is using its balance sheet to acquire assets at attractive prices. It is also setting up new assets to meet renewed demand for coal. It is ahead of competition in new build. As a result, it is able to tie up its existing assets under new long-term arrangements at attractive tariffs.

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