Buy Adani Power, target Rs 36: Kunal Bothra

Buy Adani Power at a price target of Rs 36 and a stop loss at Rs 30 from entry point.

Independent analyst Kunal Bothra has a buy call on Adani Power with a target price of Rs 36.

The current market price of Adani Power is Rs 32.60.

Time period given by the analyst is intraday when Adani Power price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 30.

Adani Power, incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 12,573.62 Crore) operating in Power sector.

The company’s top management includes Mr.C P Jain, Mr.Gautam S Adani, Mr.Rajesh S Adani, Mr.Raminder Singh Gujral, Mr.Vneet S Jaain, Ms.Nandita Vohra.
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Company has Deloitte Haskins & Sells as its auditors.

As on 30-09-2017, the company has a total of 3,856,938,941 shares outstanding.
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