All Adani Group Stocks in 2024: List of Top Adani Stocks

Adani stocks are shares issued by companies within the Adani Group, a diversified multinational conglomerate based in India. The Adani Group operates in various industries, including energy, infrastructure, ports, logistics, and mining. 

Investing in Adani shares allows individuals to own a portion of these companies and participate in their growth and performance. The Adani group share price is determined by market dynamics and can fluctuate based on factors such as Adani all company performance, industry trends, and market sentiment.

Stick to this blog to learn about the Adani Group Companies and Adani shares. Moreover, we will also share a comprehensive Adani group shares list so that you can decide which Adani shares you would like to invest in for 2024.

Top Adani Group Shares List Based on Return on Equity (ROE)

Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.

Note: The data in this Adani stocks list, including the Adani logistics share price, is dynamic and subject to real-time changes. This data is derived from Tickertape Stock Screener.

🚀 Pro Tip: You can use Tickertape’s Stock Screener to research and evaluate stocks with over 200+ filters and parameters.

Overview of the Top Adani Stocks in India Based on ROE

Adani Power Ltd

Founded in 1996, Adani Power Ltd is one of India’s largest private power producers. The company operates thermal power plants across various locations in India and focuses on the generation and distribution of electricity. Adani Power has a significant presence in the power generation sector, contributing to India’s growing energy needs.

Adani Power Ltd has a market capitalisation of Rs. 2,13,982.97 cr., with a stock price of Rs. 544.20. The PE ratio stands at 10.27, and the return on equity (ROE) is 56.77%.

Adani Total Gas Ltd

Adani Total Gas Ltd, established in 2005, is engaged in the distribution of natural gas to industrial, commercial, and domestic customers. It operates city gas distribution networks across India, providing piped natural gas (PNG) and compressed natural gas (CNG) for vehicles.

The company has a market capitalisation of Rs. 89,343.07 cr., with a stock price of Rs. 766.25. The PE ratio is 133.85, and it has an ROE of 20.47%.

Adani Ports and Special Economic Zone Ltd

Incorporated in 1998, Adani Ports and Special Economic Zone Ltd is India’s largest private port operator. The company operates ports and terminals across India, providing integrated logistics solutions, including cargo handling, storage, and other port-related services.

Adani Ports has a market capitalisation of Rs. 2,57,067.34 cr., with a stock price of Rs. 1,288.65. The PE ratio is 31.70, and the ROE is 15.95%.

ACC Ltd

ACC Ltd, founded in 1936, is one of India’s leading cement manufacturers. The company is known for producing a wide range of cement and speciality products. It has a strong presence in the Indian market, with a network of factories, ready-mix concrete plants, and sales offices.

ACC Ltd has a market capitalisation of Rs. 41,736.66 cr. and a stock price of Rs. 2,291.70. The PE ratio is 17.86, and its ROE stands at 15.33%.

Adani Green Energy Ltd

Established in 2015, Adani Green Energy Ltd is a key player in the renewable energy sector in India, focusing on the development and operation of solar and wind power projects. The company aims to lead the energy transition in India by providing sustainable power solutions.

Adani Green Energy Ltd has a market capitalisation of Rs. 2,09,710.06 cr., with a stock price of Rs. 1,312.80. The PE ratio is 190.65, and the ROE is 8.87%.

Adani Energy Solutions Ltd

Adani Energy Solutions Ltd, a subsidiary of the Adani Group, operates in the power infrastructure sector, focusing on the transmission and distribution of electricity. The company plays a vital role in strengthening India’s power transmission network.

The company has a market capitalisation of Rs. 1,00,967.81 cr. and a stock price of Rs. 801.85. The PE ratio is 88.78, with an ROE of 8.56%.

Ambuja Cements Ltd

Founded in 1983, Ambuja Cements Ltd is a major cement manufacturer in India, producing high-quality cement for the domestic and export markets. Known for its focus on sustainable and innovative building solutions, Ambuja Cements has a strong brand presence.

Ambuja Cements Ltd has a market capitalisation of Rs. 1,30,915.01 cr., with a stock price of Rs. 566.55. The PE ratio is 36.60, and the company has an ROE of 7.98%.

Adani Enterprises Ltd

Adani Enterprises Ltd, established in 1988, serves as the flagship company of the Adani Group. It operates across diverse sectors, including commodities trading, mining, and integrated resource management. The company plays a significant role in the group’s strategic growth initiatives.

Adani Enterprises Ltd has a market capitalisation of Rs. 2,84,292.03 cr. and a stock price of Rs. 2,514.20. The PE ratio is 87.76, and the ROE is 7.89%.

Adani Wilmar Ltd

Adani Wilmar Ltd, founded in 1999, is a leading FMCG company involved in the manufacturing and distribution of edible oils, food products, and other essential commodities. The company is well-known for its brand “Fortune,” a leading name in India’s edible oil market.

Adani Wilmar Ltd has a market capitalisation of Rs. 40,764.42 cr., with a stock price of Rs. 313.60. The PE ratio is 275.47, and the ROE is 1.80%.

New Delhi Television Ltd (NDTV)

Established in 1988, New Delhi Television Ltd (NDTV) is one of India’s most prominent news broadcasters. The company operates various TV channels that deliver news, current affairs, and lifestyle content. NDTV is recognised for its credibility and editorial independence in the Indian media landscape.

NDTV has a market capitalisation of Rs. 1,151.27 cr., with a stock price of Rs. 176.62. The PE ratio is -56.94, reflecting the company’s recent financial challenges, and it has an ROE of -6.80%.

What are Adani Stocks?

Adani shares are the stocks of companies that are part of the Adani Group, a multinational conglomerate founded by Gautam Adani. The Adani Group has interests in a wide range of sectors, including energy, infrastructure, logistics, and financial services. One can find the best Adani group listed companies on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

Adani Shares have been on a tear in recent years, outperforming the broader market. However, there are some risks associated with investing in Adani shares. These include the Adani group company’s high debt levels and exposure to regulatory risks.

Adani Group – Overview

Market Capitalisation of Adani Group

As of early 2024, the combined market capitalisation of Adani Group’s 10 listed companies surged to approximately Rs. 16.22 lakh cr., recovering from previous setbacks. In the first three quarters of FY 2024, Adani Group’s profits jumped by 126% to Rs. 33,920 cr., despite a 6% decline in revenue year-over-year. Key contributors include Adani Green Energy, which saw a 256% increase in market cap, followed by Adani Power and Adani Ports. Despite impressive gains, investors should consider the high debt levels and regulatory risks associated with the group.

Growth Strategy and Investments

The Adani Group is actively pursuing a massive investment strategy, planning to invest over $100 billion in energy transition projects over the next decade. This includes enhancing manufacturing capabilities for green energy components and expanding its renewable energy portfolio, which aims to achieve a total capacity of 50 GW by 2030, with significant projects like the 30 GW renewable energy park at Khavda in Gujarat.

Sector Expansion

The group is strategically expanding into various sectors, including:

• Airports: Adani Group is poised to enhance its airport operations, managing eight airports that account for 25% of passenger traffic in India. The airport business has seen a 23% increase in passenger movements year-on-year, with plans for further expansion and new routes.
• Green Hydrogen: The group is also focusing on establishing itself as a leader in the green hydrogen sector, with plans to secure $2.6 billion from sovereign funds for airport and green hydrogen projects. This aligns with its commitment to sustainable energy solutions and infrastructure development.

Despite the positive outlook, Adani Group faces challenges, including high debt levels and regulatory risks that could impact its stock prices. Investors are advised to carefully evaluate these factors when considering investments in Adani stocks.

Why Invest in Adani Stocks?

Adani Group is a major conglomerate in India, contributing to various sectors such as infrastructure, logistics, energy, and more. You may wonder why Adani stocks are often in the spotlight for investment opportunities. Understanding the significance of companies in Adani Group can help you make informed decisions about your financial strategies.

1. Job Creation and Employment

Adani Group’s operations span diverse sectors, generating significant employment opportunities. Industries like logistics, energy, and ports drive job creation, which has a direct impact on local communities and regional economies. For instance, if you review the Adani penny stock list, you might find emerging companies in growth-driven sectors that contribute to employment.

2. Infrastructure Development

Adani’s extensive investments in infrastructure projects aim to enhance India’s capabilities in the transportation, logistics, and energy sectors. These projects promote seamless trade and connectivity, both domestically and internationally. Infrastructure-focused companies in the Adani stock list often attract attention as long-term investment options.

For example, listed companies of Adani Group, such as those specialising in ports and logistics, play a critical role in India’s trade network. Many investors consider these the Adani top shares due to their consistent contributions to the nation’s economic progress.

3. Economic Growth and Revenue Generation

Adani Group’s ventures support India’s economic development by generating substantial revenue and tax contributions. Their activities stimulate growth in regions where their operations are based. Reviewing the Adani company list share price provides insights into which businesses are experiencing financial growth.

If you are exploring Gautam Adani stocks, understanding how these companies drive revenue generation can help you identify the best Adani stocks to buy now based on your financial goals.

4. Trade Facilitation

The Adani Group’s role in port management and logistics ensures the smooth flow of imports and exports. This makes India a stronger player in global trade. You can look at the Adani all share price today or explore the Adani group companies listed in the stock market to assess the performance of companies active in trade facilitation.

5. Innovation and Technological Advancements

Adani Group’s focus on technology and innovation fosters competitiveness across industries. From renewable energy to logistics, the group promotes research and development, driving technological progress in India.

For example, Adani companies listed in NSE often include technologically advanced firms that support the transition to clean energy. Reviewing the Adani share list with price can guide you in evaluating these innovative firms.

6. Sector Diversification

Adani Group’s portfolio includes diverse sectors, ranging from energy to cement. For instance, investors often explore the Adani cement share name for opportunities in infrastructure-related businesses. Similarly, the Adani total share list offers insights into diversification, helping you assess potential risks and returns.

As always, investors must conduct their own research and/or consult their financial advisor before investing in the Adani group stock price or reviewing the Adani all share list with price for the best investment opportunities.

How to Invest in Adani Stocks?

Here are some investment considerations that you should know about when investing in stocks of Adani Group:

Evaluating Adani Group’s Businesses Through Fundamental Analysis

Assessing the financial health, performance, and growth prospects of Adani Group of companies’ various businesses is crucial. Factors such as revenue, profitability, market share, competition, and management quality help determine the intrinsic value and long-term potential of Adani group of companies.

Analysing Adani Stocks Price Charts Using Technical Analysis

Utilising technical analysis involves studying historical Adani group companies and share price and volume data of a list of Adani shares to identify patterns, trends, and indicators. Chart patterns, moving averages, and other technical tools aid in making informed decisions on when to buy or sell all Adani shares.

Choosing Between Long-Term and Short-Term Investment Perspectives

Investors must decide on their investment horizon for Adani Stocks. Long-term investors focus on the company’s fundamental strength and growth potential over an extended period. Short-term investors may target shorter-term Adani defence and aerospace share price NSE companies’ fluctuations or trading opportunities in Adani group companies listed in stock market.

How To Choose The Best Adani Stocks for Investing?

Choosing the best stocks from the Adani Group for investment involves a comprehensive approach, including qualitative and quantitative analysis. Here’s a structured guide on how to select the most promising Adani Group stocks for your portfolio from the Adani group share list:

Understand the Business Segments

The Adani Group operates across various sectors, including ports, energy, resources, logistics, agribusiness, real estate, financial services, and defence. Each segment contributes differently to the group’s overall performance. If you are an investor, understanding the business segments can help you identify which areas have robust growth potential and align with prevailing economic trends. For instance, segments like renewable energy and logistics may benefit from increased government focus on sustainability and infrastructure development.

Exploring the group’s operations can also assist you in selecting from the Adani business list and determining the most suitable Adani company shares for your portfolio. Each segment presents unique opportunities and risks, making it essential to assess their individual outlooks before making investment decisions.

Financial Health Assessment

A detailed evaluation of the financial health of companies in the Adani all stocks list can offer insights into their potential for long-term growth. You may consider analysing revenue growth, profit margins, debt levels, and cash flow of each company. Strong financials might indicate a company’s ability to navigate market challenges and expand its operations.

For instance, a company with consistent revenue growth and manageable debt may have a better chance of sustaining its operations compared to a heavily leveraged counterpart. This approach is particularly valuable when reviewing the Adani group share price today to identify undervalued opportunities or strong performers in the market.

Market Position and Competitive Advantage

The market position of each Adani Group company can play a significant role in its growth trajectory. Companies that hold a dominant market share or have a unique competitive edge are often considered stronger investment options. These advantages may include superior technology, cost-efficient operations, or strategic partnerships with government entities.

As an investor, you can evaluate the Adani shares list to identify businesses with leading positions in their respective industries. For example, a company operating in a regulated monopoly or enjoying long-term contracts may provide greater stability and growth potential.

Regulatory and Political Environment

The Adani Group operates heavily in sectors that are closely linked to national priorities and infrastructure development. Regulatory changes or shifts in government policies can significantly impact the performance of Adani group shares today. It is essential to understand the broader political and economic landscape before investing in these stocks.

For instance, businesses in renewable energy might benefit from favourable government incentives, while those in traditional energy sectors could face challenges due to environmental regulations. An informed evaluation of the regulatory and political environment can help you make better decisions when choosing from the Adani group penny stocks list or other Adani company shares.

Growth Potential and Expansion Plans

Look for information on the company’s future plans and projects, such as expansions or capacity enhancements. Ensure these expansions are managed prudently to avoid over-leveraging. Companies actively expanding in promising sectors often feature prominently in the top shares from the all Adani share list.

Dividend History and Shareholder Policies

Stable or increasing dividends over the years indicate a company’s profitability and stable financial health. Check the dividend history of companies in the Adani all stocks list and other all Adani listed companies to gauge their shareholder-friendly policies.

Stock Valuation

Compare the current share of Adani stocks from the Adani share list with their intrinsic values using methods like discounted cash flow (DCF) analysis or price/earnings (P/E) ratio comparison. Investing in undervalued stocks relative to their growth potential is essential, especially when reviewing the Adani group share price list.

Risk Assessment

Evaluate the risks associated with each stock, including sector-specific risks, debt levels, and exposure to political issues. Assess the potential returns against these risks to make wise investment decisions. This is particularly important when considering the Adani penny stocks list, which are often high-risk, high-reward investments.

Consult Financial Advisors

Given the complexities associated with stock selection, consulting with financial advisors who understand these nuances can be beneficial, especially when navigating through the Adani group all share list or the Adani list of shares. They can provide insights tailored to your financial situation and investment goals.

By systematically analysing these factors and reviewing the Adani shares today, investors can make more informed decisions when selecting Adani Group stocks from the list of Adani companies to add to their investment portfolios.

Key Factors Driving Adani Stocks

Some key factors that drive Adani Stocks are as follows:

Expansion plans and growth prospects of the Adani Group

The future growth and expansion plans of the Adani Group of companies are key drivers of Adani Group Stock. Investors closely monitor the company’s initiatives, such as new projects, acquisitions, and expansions into new sectors, as these can significantly impact the company’s revenue, profitability, and, consequently, the value of its shares.

Government policies and regulatory environment

Government policies and the regulatory environment can significantly impact Adani Stocks. Changes in regulations, incentives, subsidies, or government initiatives in sectors relevant to the Adani Group, such as energy, infrastructure, and ports, can create opportunities or pose challenges for the company, influencing investor sentiment and the value of its shares.

Market sentiment and investor confidence

Market sentiment and investor confidence are crucial in driving the demand and Adani defence and aerospace share price NSE. Factors such as overall market trends, economic conditions, global events, and investor perception of the Adani Group’s performance and potential can influence buying and selling decisions. Positive market sentiment and high investor confidence can lead to increased demand and a rise in the value of Adani Shares.

Factors Affecting Adani Stocks in the Stock Market

Several factors can affect Adani Industries share price. These factors affecting the Adani group shares include:

• Market Conditions: Market conditions, including economic indicators and investor sentiment, can influence share price of Adani group. Economic growth, interest rates, and geopolitical events can also impact the broader market and Adani Group’s share price.
• Adani Group Company Performance: Adani Group’s financial performance and operational results play a crucial role in determining Its share price. Positive financial indicators, such as revenue growth and profitability, can attract investors and increase share prices.
• Industry Factors: Developments and trends within the sectors in which Adani operates can impact Adani Group share price. Factors such as regulatory changes, market competition, and technological advancements can influence investor perception and valuation of the company.
• Investor Sentiment: Investor sentiment and market expectations can sway Adani group companies share prices. Positive news and confidence in Adani Group’s future prospects can boost Adani Group all share prices, while negative sentiment or concerns can lead to a decline.
• Macroeconomic Factors: Macroeconomic variables, including interest rates, inflation, and government policies, can affect the investment climate and impact Adani all share price. Changes in these factors can have a ripple effect on Adani stocks.

As always, investors must do their own research and/or consult their financial advisor before investing.

Features of Adani Stocks in India

These are a few key features of Adani Stocks in India:

Diversified Business Portfolio

Adani Group’s stocks in India represent a diverse business portfolio spanning energy, logistics, and infrastructure. This diversification can contribute to a balanced risk profile for investors, as the performance of one sector may offset challenges in another.

Global Economic Sensitivity

Adani’s stocks are influenced by global economic trends, particularly in the energy sector. As a major player in energy, factors impacting global energy demand and Adani defence and aerospace share price NSE can have a significant bearing on the performance of Adani shares, making them sensitive to international economic dynamics.

Strategic Initiatives Impact

The company’s strategic initiatives and infrastructure projects shape its market position. Investors should closely monitor updates regarding key projects and government policies that may impact Adani’s operations. These aspects can affect the company’s growth trajectory and, consequently, its stock performance.

Risks and Challenges Associated with Adani Stocks

Some of the risks associated with Adani Group Shares are as follows:

Industry-Specific Risks and Challenges

Investing in Adani Stocks comes with its own set of risks and challenges specific to the industries in which the Adani Group operates. Here are some factors to consider:

1. Regulatory Changes: Adani Stocks are subject to potential regulatory changes and government policies. Changes in regulations related to energy, infrastructure, logistics, or ports can significantly impact the company’s business environment.
2. Market Competition: Adani operates in highly competitive industries. Factors like competitors’ strategies, pricing, technological advancements, and market share can influence Adani’s position and its ability to achieve sustainable growth and profitability.
3. Economic Conditions: The performance of Adani Stocks can be influenced by economic conditions, both domestically and globally. Factors like economic downturns, fluctuations in GDP growth rates, inflation, interest rates, and currency exchange rates can pose challenges.
4. Geopolitical Factors: Adani’s business operations span various regions and countries, exposing it to geopolitical risks. Factors such as political instability, trade disputes, international relations, and government policies in Adani’s regions can affect its operations, supply chains, and market opportunities.

Operational and Financial Risks of investing in Adani stocks

When considering investing in Adani Stocks, it is crucial to be aware of the financial and operational risks associated with the company. These risks include:

1. Debt Levels: High debt levels can affect Adani Group’s financial health and restrict future growth opportunities.
2. Cash Flow Stability: Fluctuations in revenue and cash flow can impact Adani’s ability to meet financial obligations and fund future projects.
3. Currency and Interest Rate Risks: Adani’s operations across different regions expose it to currency exchange rate fluctuations and interest rate risks.
4. Project Execution: Large-scale infrastructure projects may face risks such as delays, cost overruns, and regulatory challenges.
5. Market Demand and Competition: Changes in market demand and the competitive landscape can affect Adani’s business operations and the overall Adani defence and aerospace share price list.
6. Operational Efficiency and Scalability: Adani’s growth potential depends on its ability to manage operations efficiently, control costs, and scale its businesses.

Advantages of Investing in Adani Stocks

Here are a few advantages of investing in Adani Stocks:

1. Historical Returns: Adani companies have delivered exceptional returns over the past five years, with some experiencing over 1,000% growth. This could attract investors seeking capital appreciation.
2. Market Capitalisation: Adani Enterprises and Adani Green Energy have substantial market capitalisations, which indicates their strong positions in their respective sectors. This could instil confidence in investors.
3. Diversification: The Adani Group comprises diverse companies spanning various sectors, allowing investors to diversify their portfolios within a single conglomerate.
4. Moderate Dividend Yields: Some Adani companies offer modest dividend yields, which can contribute to overall returns for income-focused investors.
5. PE Ratios: Adani companies with high PE ratios may attract growth investors willing to pay a premium for stocks with promising growth prospects.
6. Beta Values: Companies like Adani Green Energy and Adani Total Gas have lower beta values in the Adani group company list, suggesting lower volatility than the broader market. This can be appealing to risk-averse investors.

Who Should Invest in Adani Stocks?

Investing in Adani Group stocks appeals to many investors, but it’s particularly suitable for those who align with certain investment profiles and objectives. Here’s a detailed look at who should consider investing in Adani stocks:

Long-Term Investors

Adani Group’s involvement in energy, infrastructure, and logistics sectors suggests its operations are aligned with long-term economic trends in India and globally. Investors with a long-term horizon can benefit from the Group’s growth as these sectors expand with economic development.

Risk-Tolerant Investors

The Adani Group operates in heavily regulated industries that can be subject to significant political and regulatory risks. Additionally, the conglomerate’s aggressive expansion strategy can lead to fluctuations in financial performance. Investors who are comfortable with these risks and have the capacity to withstand market volatility may find Adani stocks appealing.

Income Investors

Some of the Adani companies offer dividends, which can attract income investors looking for regular payouts. However, it’s crucial to evaluate the sustainability of these dividends by examining the company’s dividend payout ratio and historical dividend performance.

Growth-Oriented Investors

Adani’s continuous expansion into new areas—such as renewable energy and digital services—positions it well for growth. Investors seeking exposure to growth sectors within the Indian market might find investing in Adani stocks beneficial as part of a diversified portfolio.

ESG-Conscious Investors

Investors focused on environmental, social, and governance (ESG) criteria should carefully assess Adani Group’s initiatives and policies in these areas. The Group’s increasing focus on renewable energy and sustainable practices might align with the values of ESG-conscious investors.

Diversified Portfolio Seekers

Adani Group’s diverse operations across various sectors provide a natural hedge against sector-specific downturns, making its stocks suitable for investors looking to diversify their portfolios across different industries within a single economic ecosystem.

Emerging Market Investors

Adani stocks represent an opportunity for investors looking to increase their exposure to emerging markets, particularly the Indian economy. The Group’s significant role in India’s critical infrastructure and energy sectors makes it a substantial player in the market’s growth story.

Speculative Investors

Given the high volatility and occasional sharp movements in Adani stock prices due to regulatory news and market sentiment, speculative traders looking for short-term gains through quick entry and exit might find opportunities in these stocks.

To Wrap It Up…

In conclusion, investing in Adani Stocks today offers the potential for attractive returns and exposure to the Adani Group’s diverse businesses. However, investors must conduct their due diligence and consider various factors such as market conditions, financial performance, and risk tolerance. 

By staying informed, diversifying their portfolio, and seeking professional advice when needed, investors can make well-informed decisions and maximise their chances of success in the ever-changing landscape of the Adani company list.

Frequently Asked Questions on Adani Stocks