Best Adani Stocks To Buy For Long Term – Latest 2024

This article explores into the world of stocks, particularly focusing on the best adani stocks to buy for long term. Investing strategically can significantly impact financial well-being. As a leading conglomerate, Adani offers a portfolio of attractive stocks. We will guide you through the top Adani stocks, highlighting their potential for long-term financial success. This article aims to empower you with knowledge to make informed investment decisions and embark on a path of financial growth by incorporating the best Adani stocks into your portfolio

Best Adani Stocks To Buy For Long Term – Latest 2024

Table of Contents

Overview of Best Adani Stocks To Buy For Long Term

1. Adani Green Energy Ltd.

Adani Green Energy Limited (AGEL), established in 2015 and based in Ahmedabad, India, specializes in producing and providing renewable energy to both central and state government bodies, as well as government supported corporations in India. AGEL provides clean energy to government entities and corporations supported by the government. The company constructs, owns, and manages power plants utilizing solar, wind, and hybrid technologies.

  • Current Market Price1,909
  • Market Capitalization308,403 crore
  • The company has had a 15% increase in all key trailing twelve months margins. 
  • Annual net profit has been trending upwards for the past three years. 
  • EBITDA has been steadily increasing for the past three years.
  • The company has achieved a good return on equity of 19.58% and a net margin of 15.67%.

2. Adani Energy Solution Ltd.

Adani Energy Solutions Limited was established in 2006 and headquartered in Ahmedabad, India, Adani Energy Solutions Limited is involved in power generation, transmission, and distribution within the country. Its operations are divided into three divisions: Transmission, Trading, and GTD Business. The company specializes in establishing, operating, and maintaining electrical transmission networks. Adani Energy Solutions Limited is an affiliate of the S.B. Adani Family Trust.

  • Current Market Price – ₹ 1,057.75
  • Market Capitalization – ₹ 119,363 crore
  • The company has shown an increase in annual net profit over the last three years. 
  • EBITDA has been steadily increasing over the same time period. 
  • EPS has grown steadily over the last four quarters.  
  • The company has achieved a good return on equity of 10.09%.

3. Adani Total Gas Ltd.

Adani Total Gas Limited is an Indian company. It operates in the distribution of natural gas. It supplies piped natural gas to residential, commercial, and industrial customers, as well as compressed natural gas for vehicles. Adani Total Gas Limited was founded in 2004 and is based in Ahmedabad, India.

  • Current Market Price – ₹ 999.70
  • Market Capitalization – ₹ 112,137 crore
  • The company’s annual net profit has been increasing for the past three years. 
  • Profit before tax has also been increasing for the past five quarters. 
  • EPS has grown steadily for the past four quarters. 
  • The company has a good return on capital employed of 12.27. 
  • It has a good return on equity of 19.86%. 
  • It has a good net margin of 12.56%.

4. Ambuja Cements Ltd.

Ambuja Cements is an Indian company that manufactures and distributes cement and related products. They serve various customers, including individual homeowners, construction workers, contractors, architects, and engineers. Founded in 1981 and based in Mumbai, India, Ambuja Cements is owned by Holderind Investments Ltd.

  • Current Market Price – ₹600.55
  • Market Capitalization – ₹ 121,760 crore
  • The company’s annual sales have climbed for three previous years. 
  • Total assets have steadily expanded over the last three years.
  • The debt-to-equity ratio has reduced to its lowest level in the past five years. 
  • The company’s financial liquidity has improved.

5. Adani Power Ltd.

Adani Power Limited, established in 1988 in Ahmedabad, India, specializes in generating, distributing, and supplying electricity throughout India. They work under long-term contracts (PPAs) for power purchases and participate in short and medium-term PPAs. Additionally, they engage in direct electricity sales. Thermal energy sources drive the company’s electricity production at numerous power plants.

  • Current Market Price – ₹564.25
  • Market Capitalization – ₹221,060 crore
  • The company has achieved a good Return On Equity of 70.72% over the last year.
  • The company achieved a high Return On Asset of 26.66% over the last year.
  • The company has maintained a solid Net Margin of 49.41% throughout the past year.
  • All major trailing twelve months margins increased by 15%.
  • The company’s annual net profit has been increasing over the last three years.
  • EBITDA has been steadily increasing over the same period.
  • The return on capital employed is 14.91.

Read also: Best FMCG Penny Stocks To Buy In India – 2024

Best Adani Stocks To Buy For Long Term List

Stock Names CMP Market Cap (Cr) PE Ratio ROE EPS
Adani Green Energy
₹1,909
₹308,403
211
18.40%
9.20
Adani Energy Solution
₹1,057.75
₹119,363
102.40
11.05%
10.45
Adani Total Gas
₹999.70
₹112,137
187.77
17.65%
5.43
Ambuja Cements
₹600.55
₹121,760
38.45
8.44%
15.95
Adani Power
₹564.25
₹221,060
9.47
50.86%
60.50

Note: The above figures have been taken from google finance.

Conclusion

Investing in the best Adani stocks to buy for long term is like cultivating a promising future. By making informed decisions and carefully selecting stocks from Adani’s wide-ranging portfolio, you’re not simply investing but embarking on a journey towards financial growth. Each stock you choose represents a seed for a prosperous future, ensuring long-term stability and establishing a foundation for your financial well-being.

Frequently Asked Questions (FAQ)

The Abu Dhabi Investment Authority has acquired stakes in three companies: Adani Energy Solutions, Adani Ports and Special Economic Zone, and Adani Power. In August, the Qatar Investment Authority bought a 2.69 percent interest in Adani Green Energy for $470 million. That is currently worth approximately $785 million.

According to a statement, the Adani company will gain full operational and management control of IANS after acquiring a 50.5% interest for 510,000 rupees ($6,140). The news agency reported income of more than 118.6 million rupees in the fiscal year 2022/23.

Here is the list of best Adani stock to buy for long term.
  • Adani Green Energy
  • Adani Energy Solution
  • Adani Total Gas
  • Ambuja Cements
  • Adani Power

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