Adani Transmission Best Share in 2023
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Adani Transmission
Adani Transmission has made its investors millionaires in 7 years by giving shoddy returns. This stock has increased from Rs 26.60 to Rs 2,779 in the last 7 years. During this period, those investing in this stock have given returns of over 10, 347%.
The share price of Adani Transmission
Today there was a tremendous rise in the shares of Adani Transmission, the company of Adani Group. Shares of the company climbed 3.49% to close at Rs 2,021.15.
Today there was a tremendous rise in the shares of Adani Transmission, the company of Adani Group. Shares of the company climbed 3.49% to close at Rs 2,021.15. The company’s shares jumped up to 4% in early trading. Actually, this jump in the shares of Adani Transmission has been seen after the news in which Adani Transmission, a company of Adani Group, has said to buy a stake in Essar Power Limited.
What is this deal
Essar Power said in a statement on Friday that it has agreed with Adani Transmission Limited to sell one of its two power transmission projects for Rs 1,913 crore. The deal was done for Rs 1,913 crore. Essar Power Transmission Company Limited (EPTCL), a unit of Essar Power, has 465 km of power transmission projects in three states.
M-Cap of Rs 2.2 lakh crore done
The stock of Adani Transmission opened at Rs 2,015, up 3.18 percent from the previous close of Rs 1,953 on the BSE today. The stock trades higher than the 200-day moving average but lower than the 5-day, 20-day, 50-day, and 100-day moving averages. The stock has gained 24.57 percent and 15.42 percent in one year since the beginning of this year. A total of 3683 shares traded at Rs 73.94 lakh on the BSE. The market cap of the firm rose to Rs 2.2 lakh crore.
Adani Transmission Ltd., a part of the Adani Group. Green Transmission Investment Holdings RSC Ltd. has been given by its shareholders on a preferential basis, 1.56 crore shares valued at approximately Rs 3,850 crore. Issuance has been approved.
Currently, IHC Capital Holdings LLC and Green Transmission Investment Holdings RSC Ltd. is the major shareholder. Adani Transmission Ltd. In the information given to the stock exchange, the shareholders said in the extraordinary general meeting on Tuesday that Green Transmission Investment Holdings RSC Ltd. on a preferential basis. approved the issue of shares.
3,850 crore shares to be issued
The company said in separate information that it has decided to issue 1,56,82,600 equity shares of face value of Rs 10 on a preferential basis to Green Transmission Investment Holdings RSC Ltd. Share agreement was entered with on Monday. A total of 1,56,82,600 equity shares were issued at Rs 2,454.95 per share. Thus, a total of Rs 3,850 crore shares will be issued.
Adani Transmission’s multi-bagger returns
Adani Transmission has made its investors millionaires in 7 years by giving shoddy returns. This stock has increased from Rs 26.60 to Rs 2,779 in the last 7 years. During this period, those investing in this stock have given returns of more than 10, 347%.
Share Price History of Adani Transmission
The shares of Adani Transmission were at a level of Rs 26.60 on NSE seven years ago on 18 September 2015, which has now increased to Rs 2,779 (29 April 2022). During this time it has given a return of 10347.37%. At the same time, in five years, this stock increased from Rs 72.55 (NSE on 5 May 2017) to Rs 2,779. This stock has given a return of 3,730.46% to its investors during this period.
In a year, this stock increased from Rs 1,066 to Rs 2,779. During this time it has given a return of 160.69%. The stock of Adani Transmission has given a return of 60.53% so far in this year 2022. The stock has gained 13.27% in the last month.
Adani Transmission share price History
Shares of Adani Group companies are giving excellent returns. Today, the company whose stock we are talking about has made its investors millionaires in 7 years by giving shoddy returns.
Multibagger stock: Shares of companies of Adani Group are giving excellent returns. Today, the company whose stock we are talking about has made its investors millionaires in 7 years by giving shoddy returns. This is the stock of Adani Transmission Ltd. This stock has increased from Rs 26.60 to Rs 2,779 in the last 7 years. During this period, those investing in this stock have given returns of more than 10, 347%.
Share Price History of Adani Transmission
The shares of Adani Transmission, which were at a level of Rs 26.60 on NSE seven years ago on 18 September 2015, have now increased to Rs 2,779 (29 April 2022). It has given a return of 10347.37% during this period. At the same time, in five years, this stock has increased from Rs 72.55 (NSE on 5 May 2017) to Rs 2,779. During this period this stock has gained its net worth.
Has given a return of 3,730.46% to the investors. The stock rose from Rs 1,066 to Rs 2,779 in a year. It has given a return of 160.69% during this period. The stock of Adani Transmission has given a return of 60.53% so far this year in 2022. The stock has gained 13.27% in the last month.
Investors got the benefit of crores
According to the share price history of Adani Transmission, if an investor had invested Rs 1 lakh in this stock seven years ago at the rate of Rs 26.60 and had kept his investment till now, it would have increased from Rs 1 crore as of date. Becomes more. At the same time, in the last five years, if an investor had invested Rs 1 lakh in this stock at the rate of Rs 72.55 per share, then today this amount would have increased to Rs 38.30 lakh. Similarly, the investment of Rs 1 lakh would have increased to Rs 2.60 lakh in the last year.
Adani Transmission stock
Shares of the company jumped up to 3.9 percent on Monday after Adani Transmission announced it would acquire a 100 percent stake in Essar Power Transmission Company (EPTCL). However, later it fell down under the pressure of market sentiment, but still, the stock closed with a gain of 3.12 percent. The cost of this acquisition is Rs 1,913 crore. The company’s shares are currently trading at 26 times the price to book value and 181 times higher than the share on earnings.
Adani Transmission gets stronger
The acquisition of Essar Transmission will further strengthen the presence of Adani Transmission Limited (ATL) in central India. With this acquisition, ATL is well on its way to achieving its 20,000 CKT (Circuit Kilometer) target ahead of time. Anil Sardana, MD, and CEO, ATL said, “We are at the forefront of grid sustainability and creating long-term sustainable value for stakeholders while providing reliable and affordable energy.”
company statement
Adani Transmission Limited said, “This acquisition is part of the company’s strategy of value-added growth through organic and inorganic growth opportunities. With this acquisition, ATL’s cumulative network will reach 19,468 CKT. Out of this, 14,952 CKT are in operation and 4,516 CKT are in different stages of execution.
Essar Transmission Capacity
Essar Power Transmission Company Limited (EPTCL) has 465 km of transmission lines in three states. The deal is for 400 kV inter-state transmission lines connecting Mahan with Sipat Pooling Substation. The project operates under the CERC regulated returns framework and was commissioned on 22 September 2018. The proposed deal will be completed in phases. At present, it is yet to get the necessary regulatory and other approvals.
Experts’ opinion on stocks
Regarding the shares of Adani Transmission, Manoj Dalmiya of Proficient Equities Limited says that this acquisition is part of the company’s value-added growth strategy, which makes its shares look good for the long term. However, there is no fixed trend for this stock and as soon as it goes below Rs 1830, it can fall to Rs 1665.
Adani Transmission shares News
In the last month, the stock of Adani Green is at a loss of about 36 percent, while the share price of Adani Transmission has also fallen by about 30 percent. All the stocks of Adani Group are trading in loss today.
Till some time ago, there was a great boom in the shares of the companies of Adani Group. Some of the shares of Adani Group were constantly going into the upper circuit and making investors rich by giving multi-bagger returns.
However, now these shares have also come under the grip of a market sell-off and are falling continuously. Shares of the group’s largest company Adani Green have fallen about 36 percent in the last month.
The biggest company suffers the most
Adani Green Energy’s stock had also fallen on Tuesday and closed at Rs 1,898.80. In comparison, on Wednesday, this stock opened at Rs 1,825 with a loss of about 4 percent. During trading, it made a one-time recovery and climbed up to Rs 1,889.90. However, Adani Green stock could not handle the high level and by 1 pm it fell more than 4 percent to Rs 1,818. In the last month, the price of this stock has decreased by 35.91 percent.
Adani Transmission dropped so much in a month
The stock of another Adani group company has also fallen by about 30 percent in the last month. Adani Transmission is also in a loss of more than 4 percent in today’s business. Falling from Tuesday’s level of Rs 2,049.85, it opened at Rs 2,012 today. The stock of Adani Transmission never recovered from this during the day’s trading. In the afternoon, it was trading at Rs 1,967, down 4.04 percent.
A lower circuit was installed on these two stocks
The two shares of Adani Group, Adani Wilmar and Adani Power, are still under the lower circuit. Adani Wilmar’s stock is in the grip of the lower circuit for the second consecutive day. In the afternoon, the stock was trading at Rs 637, down 4.99 percent on the BSE. Similarly, the stock of Adani Power was also trading at Rs 307.60 with a loss of 4.99 percent. Both these stocks were consistently giving tremendous returns with upper circuit till some time back.
These shares of the group also suffered losses.
Apart from Adani Wilmar, Adani Power, Adani Green, and Adani Transmission, other shares of the group are also falling. Apart from this, the stock of Adani Enterprises Limited was trading 1.59 percent down at Rs 2,133.30. Adani Ports and Special Economic Zone Ltd stock price declined by 1.24 percent and was trading at Rs 730.15. The stock of Adani Total Gas was down 2.50 percent on the BSE and remained around Rs 2,333.
Some Question Related
1) what is Adani transmission
Ans) Adani Transmission (ATL) headquartered in Ahmedabad, Gujarat is one of the largest private sector power transmission companies in India with a presence in the western, northern, and central regions of India.
2) why Adani Transmission
Ans) Adani Transmission has made its investors millionaires in 7 years by giving shoddy returns. This stock has increased from Rs 26.60 to Rs 2,779 in the last 7 years. During this period, those investing in this stock have given returns of more than 10, 347%.
3) is Adani Transmission into contracting
Ans) Government company Rural Electrification Corporation (REC) has given the contract of Power Transmission-2 in MP to Adani Group for Rs 1200 crore. For the next 35 years, the Adani Group will handle the transmission line’s maintenance and operation. In lieu of this, he will get Rs 250 crore every year as per the tariff from the distribution companies of the state. This money will be recovered directly from the pockets of the common consumers by increasing the electricity rate. One month’s bill will be Rs 13 more.
understand from the figures
- Transmission Capacity in MP-31743 MVA
- Total power generation capacity in MP – 22607 MW
- Maximum power demand in MP as of 31st December 2020-15425 MW
- Average demand on the day of peak demand – 12311 MW
- Average demand throughout the year in MP – 9250 MW
- Load at Sub Stations at peak demand-13225 MW
- Transmission Efficiency Utilization – 46%
- Average utilization of transmission capacity in a financial year – 33%
4) Will Adani go green?
Ans) Adani Green Energy Ltd. quote is equal to 1917.650 INR on 2022-06-28. Based on our forecasts, a long-term increase is expected, the “Adani Green Energy Ltd” stock price prognosis for 2027-06-18 is 6919.110 INR. With a 5-year investment, the revenue is expected to be around +260.81%.
5) Is Adani Green Profitable?
Ans) Adani Green Energy Ltd (AGEL) on Wednesday posted over a 16 percent rise in its consolidated net profit to Rs 121 crore in the March quarter compared to a year ago, mainly on the back of higher revenues. The consolidated net profit of the company was Rs 104 crore in the quarter ended on March 31, 2021, a statement showed
6) Why increase the share price of Adani group?
“Adani Enterprises and Adani Transmission shares are skyrocketing because of the rise in demand and consumption of electricity after the beginning of the summer season. This has led to demand-supply constraints in the market and power distribution companies may rise prices to cash in this scenario.
7) May impact on Adani Group share due to thrown out from Zee Internet
Besides Zee, the half-yearly review of the MSCI India index saw the exclusion of TVS Motors and Abbott India. These stocks have been included in the MSCI India Domestic Smallcap Index. In all, 34 stocks were included in the MSCI India Domestic Smallcap Index while five have been excluded.
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