Why Is the Adani Enterprises Share Falling?

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Adani Enterprises share has lost 18% from its record high at the end of this year. Adani Enterprises’ share price has increased by 8.7% over the past six months and has declined by 24.97% over the last year. The Adani Group stocks reached a record high of ₹182.75 on 23rd September, 2025, a day after trading ex-split in a ratio of 1:10. Since then, the stock has been trading in a range or in a consolidation mode. A total of 16.19 lakh shares of the Adani Group have changed hands, amounting to a turnover of ₹24.15 crore on BSE. On the technicals, the Adani Group stock is trading neither in the oversold nor the overbought zone, and the relative strength index (RSI) of Adani Industries is 57.7. Shares of Adani Power falls for a second straight session, and the stock is still up 21% over the past week and 45% in 2025.

Key Reasons for Declining in the Share Price of Adani Enterprises

The dilution of existing shareholders’ ownership stake and the decrease in EPS can all contribute to a fall in share price following the reduction in fresh equity capital. Once the company has successfully raised funds through an FPO, it will use the proceeds to repay debt and reduce its debt-to-equity ratio.   

There are several main reasons to invest in Adani Enterprises Shares, including a decline in the coal trading business, the Leadership exit at Adani Port, Valuations, and higher interest rates.

• Decline in the Coal business: Reportedly, Hindenburg has accused Adani Group of market manipulation and accounting fraud. At the time of posting this, the Adani Group had yet to respond to these allegations. Revenue dropped 14% to ₹224.3 billion, mainly due to a 27% decline in the coal trading business.
• Adani Port Leadership Exit: Another reason for the decline in Adani Enterprises’ share prices is the vacancy of a key managerial position at Adani Port on 5th August 2025. The company’s division, which accounts for 36% of revenue, was impacted by lower demand. 
• Valuations and Higher Interest Rates: After years of easy-money policies and low interest rates, inflation has begun to rise. The US Fed has now embarked on a series of interest rate increases. The market could be concerned about Adani Enterprises’ high valuations.  
• Dilution of existing Shareholders: The dilution of existing shareholders’ ownership stake and the decrease in EPS can all contribute to a fall in share price following the reduction in fresh equity capital. 

Adani Enterprises Ltd: An Overview 

Adani Enterprises Limited (AEL) is an Indian multinational publicly listed holding company and a part of the Adani Group. It is headquartered in Ahmedabad and is primarily involved in mining and trading of coal and iron ore. Through its various subsidiaries, it also has business interests in airport operations, edible oils, road, rail and water infrastructure. Adani Enterprises’ total revenue is ₹100,365 crore, and its operating income is ₹8,005 crore.    

Adani Airport Holdings is the airport management and operations subsidiary. It is the majority stakeholder in Mumbai International Airport Limited (MIAL), which owns the Chhatrapati Shivaji Maharaj International Airport. 

In 2021, Adani Enterprises acquired a 20% stake in the online travel company. Adani Enterprises acquired a 495 stake in Maharashtra Border Check Post Network, a subsidiary of a publicly listed company on the Stock Market Exchange.  

How Adani Enterprises has performed recently

In the past month, the stock has fallen around 15%, and in the past few days, Adani Enterprises’ stock was down over 1% intraday and is typically down over 3%. Adani Enterprises has a 52-week high of ₹4,189, reached on 21st December 2022, and a 52-week low of ₹1,529, reached on 24th February 2022.  

Adani Enterprises: Performance Analysis

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As of 13th October 2025, Adani Enterprises’ share price is ₹2522.7. The stock opened at ₹2529.1 and had closed at ₹2550.9 the previous day. During today’s trading session, Adani Enterprises’ share price moved higher, with an average price of ₹0. Adani Enterprises’ share price has increased by 8.7% over the past six months and has declined by 24.97% over the last year. Adani Enterprises Ltd reported a 24.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended June (Q1FY 2025-26). 

Adani Enterprises reported a Q1FY 2025-26 revenue of ₹21961.2 crore, up 2.1% YoY, with a net profit of 128% to ₹895.03 crore. For the full year FY2025-26, revenue has reached ₹100365.08 crore and profit touched ₹7510.22 crore.  

What are the Future Predictions of Analysts?

Adani Enterprises reported a Q1FY 2025-26 revenue of ₹21961.2 crore, up 2.1% YoY, with a net profit of 128% to ₹895.03 crore. For the full year FY2025-26, revenue has reached ₹100365.08 crore and profit touched ₹7510.22 crore. Adani Enterprises’ growth perspective is growth with goodness. The Adani Group operates across various segments and has committed to invest over US$100bn (₹8tn) over the next 10 years, driving performance in energy and digital transitions in India and abroad.     

Jigar S Patel from Anand Rathi says, “ Support will be at ₹144 and resistance at ₹155. A decision from the above level of 155 may trigger a further upside of ₹160. The expected short-term trading range will be between ₹140 and ₹160. 

Amol Athawale, VP-technical Research, said, Following a short-term correction, the stock is now exhibiting range-bound activity. For positional traders, the 20-day SMA (Simple Moving Average) or the 140-day SMA will act as key support zones. 

AE Ramachandran, SEBI-registered Independent analyst, says Adani Power is a sideways-to-bearish stock on the Daily charts, with strong resistance at ₹154. A Daily close below the support of ₹145 could lead to a target of ₹122 in the near term.

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What is the Right Time to Buy Adani Enterprises Shares?

According to analysts, Adani Enterprises Ltd.’s share price is determined by market factors. The share price has decreased due to internal company factors, as discussed above. Therefore, investors must review all factors before investing in Adani Enterprises. There are some factors to consider before investing in Adani Enterprises:

• Financial Factors: Investors must analyse the company’s debt levels and review the interest coverage ratio, which indicates the economic risk of the company. Always check the company’s valuation before deciding to invest. 
• Sector-specific Regulations: Always analyse the government policies of the major sectors, such as energy, transportation, and ports, as these can impact on the performance of the company.
• Market and Economic Factors: Sometimes, the Adani stocks can experience higher price movements due to volatility of the market, and always consider the economic conditions of the stock market, it also impacts on the position of the company.
• Business Unit performance: Investors must conduct a fundamental analysis of the business’s various segments, such as airports, to assess the business’s growth prospects.

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Conclusion

The market context for Adani Enterprises Ltd. is that the stock market has performed notably worse than the benchmark, with a one-year return of -29.37% compared to a modest 1.45% gain for the Sensex. This has been consistent underperformance against the benchmark over the last three years, highlighting the challenges faced by Adani Enterprises Ltd. Despite its healthy long-term growth in net sales and operating profit, the company’s financial difficulties, including a significant decline in profitability and increasing debt level, have contributed to a negative sentiment surrounding its stock price. Sometimes, the Adani stocks can experience higher price movements due to volatility of the market, and always consider the economic conditions of the stock market, it also impacts the position of the company. Investors must conduct a fundamental analysis of the business’s segments, such as airports, to assess its growth prospects.

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FAQs

What are the key reasons behind falling in the Adani Enterprises share prices?

Ans. There are several main reasons to invest in Adani Enterprises Shares, including a decline in the coal trading business, the Leadership exit at Adani Port, Valuations, and higher interest rates. The dilution of existing shareholders’ ownership stake and the decrease in EPS can all contribute to a fall in share price following the reduction in fresh equity capital. Once the company has successfully raised funds through an FPO, it will use the proceeds to repay debt and reduce its debt-to-equity ratio.   

What are the factors to consider before investing in Adani Enterprises?

Ans. Investors must analyse the company’s debt levels and review the interest coverage ratio, which indicates the economic risk of the company. Always check the company’s valuation before deciding to invest. Always analyse the government policies of the major sectors, such as energy, transportation, and ports, as these can impact on the performance of the company.

What are the future predictions of analysts for investing in the Adani Enterprises?

Ans. Jigar S Patel from Anand Rathi says, “ Support will be at ₹144 and resistance at ₹155. A decision from the above level of 155 may trigger a further upside of ₹160. The expected short-term trading range will be between ₹140 and ₹160. 

Amol Athawale, VP-technical Research, said, Following a short-term correction, the stock is now exhibiting range-bound activity. For positional traders, the 20-day SMA (Simple Moving Average) or the 140-day SMA will act as key support zones. 

What are the performance analysis of the Adani Enterprises Ltd?

Ans. In the past month, the stock has fallen around 15%, and in the past few days, Adani Enterprises’ stock was down over 1% intraday and is typically down over 3%. Adani Enterprises has a 52-week high of ₹4,189, reached on 21st December 2022, and a 52-week low of ₹1,529, reached on 24th February 2022.  

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