Adani Enterprises Share Price 📈✨
Adani Enterprises Limited, part of the Adani Group, has witnessed a strong buying trend in its shares. Experts from global brokerage house, Jefferies, have expressed a positive sentiment towards the surge in Adani Enterprises’ share price. Currently, Jefferies has recommended investing in Adani Enterprises’ shares, stating that they have the potential to touch Rs. 3,800 in a short span of time. This implies a 20% increase from its current value.
As of Thursday, 15th February 2024, Adani Enterprises’ share price was trading at Rs. 3,224, registering a 0.52% increase. On Friday, 16th February 2024, the shares continued to rise, trading at Rs. 3,210, showing a 0.51% increase. During Wednesday’s trading session, the share price of Adani Enterprises rose by 2%, reaching Rs. 3,245.65.
Brokerage houses have faith that Adani Enterprises’ consolidated operating profit could double by the financial year 2026 due to the company’s new businesses related to airports and green hydrogen. Additionally, there are expectations of a three-fold increase by the financial year 2028.
In its report, the brokerage house mentioned that Adani Enterprises is emerging as a leader in new business ventures such as green hydrogen, airports, data centers, roads, copper, among others. Over the past year, Adani Enterprises’ shares have provided an impressive 85% return to its investors. On February 14th, 2023, the shares were trading at Rs. 1,750.30, and on February 14th, 2024, they were trading at Rs. 3,215.65.
Over the past five years, Adani Enterprises’ shares have delivered a remarkable return of 2,580% to its investors. On February 15th, 2019, the company’s shares were trading at Rs. 119.65, and on February 14th, 2024, they were trading at Rs. 3,245.65. In the last decade, Adani Enterprises’ shares have provided a staggering 13,000% return to its investors.
This upward trajectory in Adani Enterprises’ share price demonstrates the company’s strong performance and potential for growth in various sectors. Investors have reaped significant rewards from their investments, showcasing the company’s ability to deliver value and generate substantial returns.
Stay tuned as Adani Enterprises continues to make waves in the market with its impressive share price performance! 🚀💰
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
