Which Is The Best Adani Stocks To Buy And When And Why?

 

On an annual basis, Adani Groups' best stocks included Adani Power and Adani Wilmar. You would do well to invest in either of these Adani Group stocks as prices drift further into their lower end. These are two stocks that I am confident about, and they are also good bets at their current levels. I would not recommend buying any of the other Adani Group stocks at these levels.

 

All Adani Group company's share prices have surged over the years, with some rising higher than others. Adani Group companies have continued to skyrocket, thereby pushing Gautam Adani to the list of the top three richest people in the world. These stocks are the market leaders in sectors such as natural gas, green energy, power, etc. It seems that Gautam Adani is creating an entire universe of stocks to become the final authority on the green energy and power sectors.

 

Adani Green Energy Ltd is one of the biggest players in power generation, transmission, and distribution. Adani Green Energy Limited (AGEL) is a company engaged in green energy generation, one of India's largest renewable energy companies. Adani Enterprises is a company focused on building new businesses in the infrastructure and energy sectors. The group has seven listed companies, including Adani Enterprises, Adani Ports, Adani Power, Adani Total Gas, Adani Green Energy, and Adani Transmission.

 

Other companies, such as Adani Power, Adani Green, Adani Ports, and Adani Gas, were effectively spun off from Adani Enterprises over the last year and listed separately on stock exchanges. Stocks like Adani Power, Adani Transmission, Adani Gas, and Adani Green created a lot of wealth for investors, if you owned any of these stocks, you would have been a happy investor. Imagine the wealth that could have been created if you invested in Adani stocks over the past year. If you asked me today where are Adani stocks and whether should people buy them, my response would be that, yes, one could buy Adani Port, and perhaps, if one has a longer horizon, one could also build.

 

Adani Power is considered to be a multi-bagger as in 2 years, it has almost tripled the value of investors by getting more than 177% over that time. Adani Enterprise's stock price is picking up after power stocks Adani Group are trending upwards, with the group getting double benefits from coal trades and rising power demand. According to stock market experts, the stock price of Adani Enterprises is rising because Adani Enterprises has emerged as the holding company of the Adani group. Speaking about the reasons behind Adani Enterprises' stock price rise, Avinash Gorakshkar, Head, Research, Profitmart Securities said, Adani Enterprises has turned into a holding company of Adani group, which is getting benefits from company exposure in the business of coal trading as well as generation & power distribution.

 

As per analysts and research houses reports, it is expected that 3 stocks of Adani group, viz., Adani Enterprises, Adani Total Gas, and Adani Transmission, would get included in the Standard MSCI index.