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Jefferies forecasts Adani Power's stock to rise 18% due to planned expansions and financial improvements.
Jefferies predicts an 18% increase in Adani Power's stock value, citing plans to expand power capacity and boost earnings.
The firm expects annual revenue growth of 20% and a 14% rise in EBITDA by 2030, alongside reduced debt.
Adani Power aims to double its EBITDA and increase generation capacity to 30 GW by 2030, with upcoming projects in Bangladesh improving financial stability.
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Jefferies pronostica que las acciones de Adani Power subirán un 18% debido a las expansiones planeadas y las mejoras financieras.