Adani transmission share

The NSE and BSE have raised the circuit limits for the four Adani group stocks in order to facilitate higher trading activity. The adjustments, which will be effective today will ensure that the price of the stock cannot go either higher or downward above a limit specified for the day, as per NSE circular Adani stocks circuit limit Meanwhile, Adani Group on Tuesday said it has delivered a "record-breaking performance" across its portfolio of companies in FY23. The conglomerate said it has recorded its highest ever EBITDA at group portfolio level of Rs 57,219 crore, achieving a 36% growth in FY23 over the previous financial year ‘Record-breaking performance’ of Adani firms

• The company has shown a poor profit growth of -215.074199241374% for the Past 3 years. • The company has shown a poor revenue growth of -3.87095845944453% for the Past 3 years. • Company has a poor ROE of -2.44336171665627% over the past 3 years. • Company has high Debt to Equity ratio of 13.8122. • Company has low Interest coverage ratio of 0.915316661423928. • Tax rate is low at 0. • The company has a low EBITDA margin of -1.25433306496119% over the past 5 years. • The company is trading at a high EV/EBITDA of 173.1019. Quarterly Result (All Figures in Cr.) PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 332.37 83.3 175.15 271.14 158.41 Total Expenditure 335.4 84.56 180.53 273.36 177.82 Operating Profit -3.03 -1.26 -5.38 -2.22 -19.41 Other Income 209.63 177 177.41 136.63 123.75 Interest 200.65 192.67 139.79 35.27 48.35 Depreciation 0.05 0.03 0.03 0.04 0.05 Exceptional Items 0 0 0 0 0 Profit Before Tax 5.9 -16.96 32.21 99.1 55.94 Tax 0 0 0 0 0.01 Profit After Tax 5.9 -16.96 32.21 99.1 55.93 Adjusted EPS (Rs) 0.05 -0.15 0.29 0.89 0.5 Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Net Sales 835.29 832.83 857.79 755.23 739.81 Total Expenditure 840.71 843.84 880.59 765.34 742.06 Operating Profit -5.42 -11.01 -22.8 -10.11 -2.25 Other Income 775.03 798.58 795.83 679.43 700.86 Interest 794.16 733.45 767.19 690.24 762.96 Depreciation 0.08 0.12 0.3 0.29 0.26 Exceptional Items 0 0 0 0 0 Profit Bef...

However, Avinash Gorakshkar said that downside in Adani Total Gas shares and Adani Transmission share price is limited as these two Adani group shares have already received heavy beating after the Hindenburg Research report that raised concern over the debt positioning of Adani group companies including Adani Total Gas and Adani Transmission. On what chart pattern suggests in regard to these Adani group shares, Anuj Gupta, Vice President — Research at ₹820 levels as it has breached its support of ₹880 apiece levels." On pivot levels in regard to ₹1100 apiece levels. This Adani share has support placed at ₹900 levels and on breaching this support, Adani Transmission shares may go down towards ₹900 and ₹880 apiece levels. On higher side, if the stock breaks its hurdle, it may go up to ₹1200 and ₹1300 apiece levels." Other Adani group shares also fell during stock market's opening bell. Adani Enterprises share price tumbled 1.50 per cent, Adani Power share price dipped around 1.50 per cent, Adani Green Energy shares nosedived to the tune of 3.50 per cent and Adani Wilmar shares dipped around 0.70 per cent. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.

The company's consolidatednet profit for the quarter ended March was ₹389.45 crore, up 69.62% from ₹229.59 crore in the same quarter last year. However, the performance fell 17.96% from the previous quarter's PAT of ₹474.72 crore. The cash profitof the Adani Group-backed company increased by 28% year on year to ₹977 crore. Profitability was boosted by a one-time income of ₹148 crore from a regulatory order in the Transmission business (a net positive impact of ₹21 crore after adjusting for a provision of ₹131 crore (net off tax ₹101 crore) and aided by a mid-term true-up order from the regulator in Adani Electricity Mumbai Ltd (AEML). However, Adani Transmission reported a consolidated total income of ₹3,200.50 crore in Q4 FY23, a 4.97% increase from ₹3,048.96 crore in Q4FY22. Revenue in the previous quarter was ₹3,181.62 crore. ₹389.5 crore, revenue posts single-digit growth According to trendlyne data, the stock price fell 62.8% and underperformed its sector by 53.8% in the past year. The stock has fallen 80.79% from 52-week high of 4236.8 recorded on March 1, 2023.

Adani Transmission Ltd. is a Public Limited Listed company incorporated on 09/12/2013 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L40300GJ2013PLC077803 and registration number is 077803. Currently Company is involved in the business activities of Electric power generation using other non conventional sources. Company’s Total Operating Revenue is Rs. 739.81 Cr. and Equity Capital is Rs. 1099.81 Cr. for the Year ended 31/03/2022.

Adani Transmission Ltd. engages in establishing, commissioning, setting up, operating, and maintaining electric power transmission systems. The firm also deals with the acquisition of available opportunity in power transmission systems and networks. It operates through the following segments: Transmission, Trading, and Mumbai Generation, Transmission, and Distribution (GTD) Business. The company was founded by Gautambahi Shantilal Adani on December 9, 2013 and is headquartered in Ahmedabad, India. #Adanitrans forming a 'triangle In X' after a 3 wave move ABC where, Wave C = 0.618(Wave A). At least 30% move is expected to upside from here with a Sl of 896.25 i.e 1:3 Risk Reward Ratio. #Adanitrans forming a 'triangle In X' after a 3 wave move ABC where, Wave C = 0.618(Wave A). At least 30% move is expected to upside from here with a Sl of 896.25 i.e 1:3 Risk Reward Ratio. BUY - ADANI TRANSMISSION CMP - Rs. 1100 Target - 1: Rs. 2010 Target - 2: Rs. 2830 . . Technicals - Gap Down and Harmonic Patterns . . Follow me for more! BUY - ADANI TRANSMISSION CMP - Rs. 1100 Target - 1: Rs. 2010 Target - 2: Rs. 2830 . . Technicals - Gap Down and Harmonic Patterns . . Follow me for more! adani transmission may tak support of monthly trendline.lets see if it form any bullish candle near trendline then it will be the good time to enter with small SL.this is just for edcational purpose adani transmission may tak support of monthly trendline.lets see if it form any bullish candle near trendli...

The proposed resolution, if approved, will be taken as having duly passed on the last date specified for e-voting by the requisite majority of members by means of postal ballot, i.e. Friday, June 16, 2023, it stated. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

• Adani Transmissions Ltd has an operating revenue of Rs. 13,292.72 Cr. on a trailing 12-month basis. An annual revenue growth of 17% is outstanding, Pre-tax margin of 13% is healthy, ROE of 10% is good. The company has a high debt to equity of 269%, which can be a reason to worry. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 90 which is a GREAT score indicating consistency in earnings, a RS Rating of 1 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 166 indicates it belongs to a poor industry group of Utility-Electric Power and a Master Score of C is fair but needs to improve. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail. Indicator Mar 2023 Dec 2022 Sep 2022 Jun 2022 Mar 2022 Oper Rev Qtr Cr 3,358 3,552 3,251 3,132 2,975 Operating Expenses Qtr Cr 2,154 2,074 2,088 2,459 2,029 Operating Profit Qtr Cr 1,203 1,478 1,164 673 945 Depreciation Qtr Cr 416 410 398 384 370 Interest Qtr Cr 630 697 714 740 650 Tax Qtr Cr 224 122 55 34 123 Net Profit Qtr Cr 389 475 206 186 230 Adani Transmission Synopsis NSE-Utility-Electric Power Adani Transmission L is involved in the business activities of Electric ...