Adani Power Limited (NSE, BSE: ADANIPOWER) is a key player in India’s power generation sector and part of the renowned Adani Group. Its is known for its large-scale thermal power projects and strong infrastructure capabilities. Backed by rising electricity demand and sectoral growth, Adani Power has shown promising performance in recent years. According to our projections, the stock has the potential to reach ₹608.85 in 2025, ₹1,224.65 by 2030, ₹2,463.10 by 2035, ₹4,954.40 by 2040, ₹9,965.05 by 2045, and could soar to ₹20,043.20 by 2050, making it an attractive long-term investment opportunity for growth-focused investors.
Are you wondering if Adani Power could be the next big spark in your investment journey? As our country’s demand for electricity continues to rise and infrastructure is expanding rapidly, Adani Power — a key player in the energy sector — has caught the eye of long-term investors. But is the stock truly destined to shine in the coming decades, or is it a high-voltage risk? Let’s find out..
In this blog, we’ll break down Adani Power share price targets for 2025, 2030, 2040, and beyond, using market data, growth trends, and expert insights. If you’re searching for a stock with strong potential and ambitious future targets, this deep-dive might just electrify your portfolio decisions.
NTPC Ltd (NTPC), Power Grid Corporation (POWERGRID), Tata Power Company (TATAPOWER), JSW Energy (JSWENERGY), Torrent Power (TORRENTPOWER), Reliance Power (RPOWER), Waaree Renewable (WAAREENEER)
Listing date
BSE & NSE – August 20, 2009
All-time high price
₹ 895.85 (June 03, 2024)
All-time low price (since 2020)
₹ 23.00 (March 13, 2020)
Adani Power Share Price Analysis : SHORT & LONG TERM
Before getting into Adani Power share price targets, we will first analyze its technical chart and compare the its performance with major indices like NIFTY50 and Sensex. This section will cover a detailed long-term share price analysis and timeframe analysis of ADANIPOWER.
Chart analysis of ADANIPOWER Share Price
When we checked Adani Power’s chart, it looked like a roller-coaster ride. After COVID-19 hit, when the stock reached its lowest level of ₹23.00, Adani Power traded in sideways to uptrend till March 2022. On March 25, 2022 Adani Power broke its range and started to move up. From ₹140 it reached the level of ₹340 within two months. After hitting this high, there was heavy profit-booking done by the traders, who might have bought it during Covid crises and the stock reached the level of ₹238 losing almost ₹100 per share in just 20 days. This downward movement didn’t continued and Adani Power regained its strength & started moving up again till ₹432.50, we can see three gap-up openings also which shows the confidence of the traders / investors in the company. But this rally also met its end and the stock started to coming down.
Till ₹260 in downtrend, it looked like a normal sell-off but on January 27, 2023, Adani Power started its free fall. It gapped-down in the straight 14 trading sessions. This is a nightmare for an investor. Adani Power lost all its gains and left nothing to start again from the price of ₹134.40 per share. That Free-Fall was the sell-off which hit Adani Power with that magnitude. After that fall, Adani Power traded in the uptrend from March 2023 to June 2024 & it went up to ₹895 on June 03, 2024. (on Lok Sabha elections result day). After the end of this huge rally, Adani Power started to come down with a very slow pace. Today, Adani power is trading in a sideways direction but again it is trying to regain its strength for another rally. If you are thinking for a fresh but, them we suggest you to wait for some time until it gives clear signal of Bullishness.
Adani Power’s Key indicators, Comparative analysis with major indices and peer companies, Long term price analysis
NIFTY, SENSEX & Adani Power : A comparative analysis
Adani Power Limited is neither a part of NSE’s NIFTY index nor included in BSE’s SENSEX index and by observing the comparative chart above, we can clearly see NO correlation between ADANIPOWER & SENSEX. Below is the comparative table of NIFTY, SENSEX & ADANIPOWER returns based on CLOSING Prices.
Year
Nifty
Sensex
ADANIPOWER
2024
+8.80%
+8.17%
+0.82%
2023
+20.03%
+18.74%
+75.31%
2022
+4.33%
+4.44%
+200.45%
2021
+24.12%
+21.99%
+100.20%
2020
+14.90%
+15.75%
-19.42%
Here, we can observe that, in the year 2021, 2022 and 2023, Adani Power gave Massive returns to its investors even the overall market was slightly on the positive side.
Adani Power Limited : Long term price analysis
From the given table we can observe that in the previous 5 years, ADANIPOWER shares gave HUGE returns to its investors from 2021 till 2024. These percent changes are based on the HIGHEST price (TARGET) of the year basis.
Year
Close
Low
High
% change on High
🟢 2024
529.45
432.00
895.85
+51.98%
🟢 2023
525.15
132.40
589.45
+36.29%
🟢 2022
299.55
98.00
432.50
+159.14%
🟢 2021
99.70
48.50
166.90
+153.07%
🔴 2020
49.80
23.00
65.95
-10.64%
🔴 – Negative Returns , 🟢 – Positive Returns
Amazing isn’t it ?? I wasn’t expecting this data. But yes, Adani Power is going up Year on Year by creating Higher Highs every year and that too of minimum 36% since 2021. If we take average inflation rate of 6% per annum into account, it can be considered as a return (ROI) of almost +78% in 5 years. Now we know about the historical price change, its time to dive into how Adani Power share might behave in coming months. Let’s analyze it on different timeframes.
Adani Power Ltd. Peer Comparison / Competitors analysis
Now we will compare Adani Power Limited (ADANIPOWER) to its top competitors. We will see how its peer companies performed year-on-year . Below is the comparative table of NTPC Ltd (NTPC), Power Grid Corporation (POWERGRID), Tata Power Company (TATAPOWER), JSW Energy (JSWENERGY), Reliance Power (RPOWER)’s returns from 2020 to 2024 based on CLOSING Prices.
Year
ADANIPOWER
NTPC
POWERGRID
TATAPOWER
JSWENERGY
RPOWER
2024
+0.82%
+7.13%
+30.1%
+18.1%
+57.1%
+82.8%
2023
+75.3%
+86.9%
+48.0%
+59.9%
+42.2%
+62.3%
2022
+200%
+33.8%
+4.55%
-6.00%
-4.29%
+5.51%
2021
+100.2%
+25.2%
+43.6%
+192.0%
+343%
+300%
2020
-19.42%
-16.6%
-0.21%
+33.9%
-2.24%
-2.86%
Average Returns
+71.5%
+27.3%
+25.2%
+59.7%
+87.2%
+89.5%
Since Waaree Renewable (WAAREENEER) got listed in 2024, we are not considering it for this analysis, but if you are interested in it, you can checkout our other post. Adani Power gave massive average returns of 71.50% to its investors. Year 2021, 2022 and 2023 can be termed as golden year for Adani Power. In these three years, Adani Power’s share price rose by 375%. Although the average power sector growth can be estimated up to 50%, but Adani Power outperformed that too.
We’ve highlighted Adani Power’s returns to help you understand and compare its performance more clearly.
Adani Power Limited (BSE, NSE : ADANIPOWER) Key Indicator Values
Indicator
Value
Interpretation
Profit Before Income Tax/Share (in Rs.)
47.94 (Mar 25)
ADANIPOWER’s PBIT / Share ratio was 54.02 (Mar 24) & 27.73 (Mar 23).
Earning-per-Share (EPS)
28.74 (FY25)
ADANIPOWER’s EPS has been decreased from 46.24 (FY24).
Debt-to-Equity (D/E) ratio
0.75 (FY25)
ADANIPOWER’s D/E ratio is improved when compared to previous year’s 0.80.
Time-Frame analysis of Adani Power : Daily, Weekly & Monthly
As by a simple timeframe chart analysis we can observe the following about ADANIPOWER share price which will help us more in reaching our final outcome i.e. Adani Power share price targets-
Time Frame
Observation
View Daily Chart (Every candle represents NSE : ADANIPOWER share’s trading session of one day. Each single candle represent the HIGH, LOW, OPEN, CLOSE of that particular day)
On daily time-frame, we can observe that Adani Power share price is trading ABOVE all the 21 Day, 50 Day & 100 DaySMAs but slightly BELOW the 200 Day SMA. This is the indicator of weak BULLISH trend for medium term.
View Weekly Chart (Every candle represents NSE : ADANIPOWER stock’s trading session of one week. Each single candle represent the HIGH, LOW, OPEN, CLOSE of that particular week)
On the weekly time-frame, we can observe that Adani Power share price is trading ABOVE all the 21 week, 100 week & 200 weekSMAs but slightly BELOW the 50 week SMA. This is the indicator of weak BULLISH trend for Long term. Check the Support & Resistance zone we have marked in the image.
View Monthly Chart (Every candle represents NSE : ADANIPOWER stock’s trading session of one month. Each single candle represent the HIGH, LOW, OPEN, CLOSE of that particular month)
On the monthly time-frame, we can observe that Adani Power share price is trading ABOVE all the 50 month & 100 month SMAs but slightly ABOVE the 21 month SMA. This is the indicator of weak BULLISH trend for Very long term.
Technical Analysis for ADANIPOWER Share price analysis, SMA – Simple Moving Average as on May 22, 2025.
Since there is a SIDEWAYS to POSITIVE perspective shown by SMAs in Daily, Weekly & Monthly time-frames & while observing the directions of the SMAs, we can also find that ADANIPOWER’s direction is sideways to uptrend. But, since some of the major SMAs are above its current market price, we would suggest you to wait for sometime until it crosses its upper SMAs. We will revise these targets, once it break out from the current Support & Resistance Zone.
Adani Power Share Price Target : SHORT & LONG TERM
Adani Power Share Price Target 2025, 2026, 2027, 2028, 2029
By 2030, Adani Power’s share price is estimated to touch ₹1,224.65, offering an impressive 131.34% return from its 2024 closing price of ₹529.45.
By 2035, the stock could climb to ₹2,463.10, delivering a significant 365.13% gain compared to the 2024 levels.
Moving forward to 2040, Adani Power’s share value may rise to ₹4,954.40, marking a massive 835.69% increase over its 2024 closing price.
In 2045, the stock could reach around ₹9,965.05, reflecting a substantial 1,782.12% surge from the 2024 value.
Looking even further ahead, by 2050, Adani Power’s share could potentially soar to ₹20,043.20, indicating a phenomenal 3,686.86% growth from its 2024 price of ₹529.45.
These projections are provided without considering any kind of share split. They can be viewed as long-term share price targets based on the current valuation of Adani Power Ltd. (ADANIPOWER) as of 2025.
Adani Power Share Price Target 2025 (month-wise)
Month
Stock Price Target
April 2025
₹ 580.50
May 2025
₹ 585.05
June 2025
₹ 591.30
July 2025
₹ 596.15
August 2025
₹ 608.85
September 2025
₹ 601.05
October 2025
₹ 593.55
November 2025
₹ 587.25
December 2025
₹ 598.10
BSE, NSE : ADANIPOWER Share Price Target for 2025 (month-wise)
As per our analysis of Adani Power share price target 2025, we are expecting that the prices may rise up to ₹608.85 representing a 15.10% gain over the 2024 closing price of ₹529.45.
Adani Power Share Price Target for 2026 (month-wise)
As per our analysis of Adani Power share price target 2026, we are expecting that the prices may rise up to ₹720.05 by 2026, offering an approximate +35.99% return on its 2024’s closing price of ₹529.45.
Adani Power Share Price Target 2027 (month-wise)
Month
Stock Price Target
January 2027
₹ 715.15
February 2027
₹ 728.25
March 2027
₹ 742.05
April 2027
₹ 755.55
May 2027
₹ 772.85
June 2027
₹ 793.50
July 2027
₹ 814.05
August 2027
₹ 832.25
September 2027
₹ 819.40
October 2027
₹ 801.75
November 2027
₹ 794.30
December 2027
₹ 813.05
Adani Power Share Price Target for 2027 (month-wise)
As per our analysis of Adani Power share price target 2027, we are expecting that the prices may rise up to ₹835.25, offering an approximate +57.75% return on its 2024’s closing price of ₹529.45.
Adani Power Limited (NSE, BSE : ADANIPOWER) was founded in 1996. It has built a legacy of over 28 years in India’s energy sector. With a strong market cap of ₹2.15 lakh crore and annual revenue of ₹58,905 crore, the company has shown consistent growth and resilience. It reached an all-time high of ₹895.85 in June 2024 and has delivered an impressive 5-year average return of 71.5%.
Based on current trends and long-term projections, Adani Power’s share price could potentially reach ₹20,043.20 by 2050. While the journey may include short-term ups and downs, Adani Power shows strong potential to light up your portfolio for the long run.
Don’t forget to check out our FAQs, you may find the answer of your query. Please rate this post if you like it, suggestions are always welcomed. 🤑HAPPY INVESTING🤑
Frequently Asked Questions (FAQs)
1) Is ADANIPOWER a good share to buy?
Yes, Adani Power (BSE, NSE : ADANIPOWER) can be a good share to buy for long-term investors. With a strong legacy since 1996, a market cap of ₹2.15 lakh crore, and impressive 5-year average returns of 71.5%, the company shows solid growth potential. While market risks remain, Adani Power’s position in the energy sector and consistent performance make it a promising option for long-term investment.
2) What is the Adani Power share price target for 2025?
₹608.85 is the Adani Power share price target 2025 representing a 15.01% gain over the 2024 closing price of ₹529.45
3) What is the Adani Power share price target for 2050?
By 2050, the Adani Power share price target could be around ₹20,043.20 (without considering any split).
4) What is the Adani Power share price target for 2040?
By 2040, the Adani Power share price target could be around ₹4,954.40 (without considering any split).
5) What is the Adani Power share price target for 2030?
As per our analysis, Adani Power share price target can be a high of ₹1224.65 in 2030.
6) What can be the Adani Power share price target today / tomorrow?
Since ADANIPOWER share’s average daily move is around +/- 1.50%. We can estimate +1.50% or -1.50% of previous day’s close for Adani Power share price target today / tomorrow.
The content shared in the article “Adani Power Share Price Target 2025 to 2050 – Will It Light Up Your Portfolio?” is for general information only. It’s not intended as financial, investment, or professional advice. Always consult a qualified professional—whether legal, financial, or tax-related—before making any investment decisions.
I am trading financial instruments like Equity shares, F&O, Commodities & sometimes Forex since 2013. During my Post Graduation (MBA-Finance), I got interested in financial markets and started learning it from various sources. I started this blog to share my experience and knowledge with you & to help you in taking informative investment decisions.