{"id":302149,"date":"2026-10-12T13:11:13","date_gmt":"2026-10-12T07:41:13","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=302149"},"modified":"2026-10-12T13:11:13","modified_gmt":"2026-10-12T07:41:13","slug":"adani-green-energy-shares-up-16-percent-in-6-months-jefferies-sees-35-percent-more-upside-target-price-rs-1695","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/adani-green-energy-shares-up-16-percent-in-6-months-jefferies-sees-35-percent-more-upside-target-price-rs-1695\/","title":{"rendered":"Adani Green Energy Shares Up 16% in 6 Months: Jefferies Sees 35% More Upside With Target Price Rs 1,695, 22% Correction From Peak, 20x EV\/EBITDA, 30% EBITDA CAGR, Q1 FY27 Numbers and Risks"},"content":{"rendered":"

Adani Green Energy shares: about Rs 1,269. Jefferies Buy, target Rs 1,695 (about 34% above, my calculation; report says 35%). 22% below peak, 20x 1Y forward EV\/EBITDA, EBITDA CAGR 30% (FY26-30E). Q1 FY27 EBITDA Rs 4,122 cr (+33%).<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Adani Green Energy shares are up about 16% in six months and trade near Rs 1,269, and Jefferies has a Buy rating with a target of Rs 1,695, which is about 34% above that price (my calculation, while the report says 35%). Jefferies says the stock has corrected about 22% from its peak and trades at about 20 times one-year forward EV\/EBITDA, which looks attractive against an expected 30% EBITDA CAGR over FY26 to FY30. Q1 FY27 supported the case, with power supply EBITDA up 33% to Rs 4,122 crore and operational capacity up 27% to 20,142 MW, but finance costs of Rs 2,001 crore absorb about half of that EBITDA (my calculation). Risks include the recent RBI rate hike, utilisation below Jefferies’ assumptions and execution delays at Khavda, so a target price is an opinion and not a guarantee.<\/p>\n<\/p><\/div>\n

Adani Green Energy shares are the listed flagship of the Adani group’s renewable business, with more than 20 GW of operating capacity and a plan to reach 50 GW by 2030. A fresh Buy call from Jefferies after a 22% fall from the peak has put Adani Green Energy shares back in the spotlight.<\/p>\n

This article covers the Jefferies call, how the target is built, the valuation, the Q1 FY27 results, the Khavda and storage plans, the triggers, the risks and a checklist, so you can judge Adani Green Energy shares from the numbers.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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