4 Mutibagger Adani Stocks That Gave Up To 235% In The Last 1-Year

Adani Group based out of Gujarat is now foraying into uncharted domains and perhaps you name a sector and Adani has its presence there. Also, it is making endeavours to break the monopoly of players like Borosil Renewables by entering domains such as specialty glass. Also, it has made its entry into the 5G spectrum race.

The Group has seven listed companies namely:

Adani Green Energy

Adani Enterprises

Adani Transmission

Adani Total Gas

Adani Power

Adani Ports and SEZ

Adani Wilmar

From the list above 3 stocks from the pack have doubled investors' wealth in a year's time reaping up to 235% return

Adani Power

This is a mid cap power-sector company of the Adani Group. The company is contributing to India's energy security. It is a holding company engaged in providing electric power generation by coal-based thermal power plants and coal trading.

Talking about its scrip, it is decently valued with a P/E of 25.28. Further financially also the stock enjoys a number of positives such as net profit increasing with increase in profit margin (QoQ). Increasing revenue from last two quarters with total revenue in the March ended quarter at Rs. 444.04 crore. Rising net cash flow and cash flow from operating activity. RoA and RoCE improving in last 2 years. Also, FIIs have been increasing stake in the quarter and for the June ended quarter it is at 12.53% from 11.31% in March ended quarter.

The stock of the company was last priced at Rs. 319.65 and in 1-year has generated 235% return with YTD of a still lucrative percentage at 220%.

Adani Total Gas

This is a large cap Adani group enterprise in the business of developing city gas distribution networks to supply piped natural gas to the industrial, commercial, domestic and compressed natural gas to the transportation sector. Scrip of the company is last priced at Rs. 3052 with 1-year return at 231%.

The scrip in trade today has made a fresh high of Rs. 3058.8 per share on the NSE.

The stock is highly valued with a P/E of 658.46. Financially the company is strong with net income increasing year on year. From a net income of Rs. 228.7 crore in Fy 2019, the company ended the Fy22 with a net income of Rs. 509.4 crore.

Adani Green Energy

This is a power generation large-cap company.It builds and operates solar and wind energy power plants in India. Recently, Maharashtra inked an agreement with the company for 11000 MW of power.

Over the last 5 years, revenue has grown at a yearly rate of 57.51%, vs industry avg of 3.99% . After being on the negative side for last several years, the company's net income has turned positive and in Fy22 more than doubled from the previous fiscal year to Rs. 489 crore.

The stock's 1-year return is at 138% and the scrip last at the time of writing this story traded at Rs. 2200 per share.

This stock is again trading at expensive valuations.

Adani Transmission

Adani Transmission is another large cap Adani Group stock that is engaged in engineering, construction management / operation and maintenance business. The Company's businesses include engineering, procurement and construction (EPC) and Utilities.

The stock in the last 1 year has gained 225%.

The stock currently is showing strong momentum with price more than short, medium and long term moving averages. Also, promoter pledging for the company is reducing.

The stock last traded at a price of Rs. 3047.75 per share.