GENERAL3 Sept 2026
BUY rating for Adani Power stock from Motilal Oswal; 20% upside seen - Check target price, recommendation rationale | Stock Market News
Motilal Oswal started covering Adani Power with a Buy rating and a ₹250 target price, about 20% above the current ₹207. The brokerage expects India's thermal power demand to stay strong despite renewable growth. Adani Power plans to expand capacity to 42GW by 2032. This is good news for investors watching the power sector.
Key Statutory Highlights
- Motilal Oswal initiated coverage on Adani Power with a Buy rating and a target price of ₹250 per share, implying over 20% upside.
- The brokerage sees Adani Power as a key beneficiary of India's rising thermal power demand and limited competition.
- Adani Power aims to more than double its operational capacity to 42GW by FY32.
Actionable Advice for Taxpayers / Founders:If you invest in power stocks, review Adani Power's growth plans and risks before deciding, as a brokerage rating is just one opinion.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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