MEMBER'S LOGINX
| Invalid Username / Password | ||||||||
| Invalid Captcha | ||||||||
|
||||||||
| Sign Up | Forgot Password? | ||||||||
- Home
- Views On News
- Nov 26, 2020 - Adani Green: A Future Multibagger or a Big, Speculative Bubble
Adani Green: A Future Multibagger or a Big, Speculative Bubble 
Out of nowhere, Adani Green Energy is now the 17th or the 18th largest company in India by market value.
Bigger than most PSUs and up almost 10x in the last one year, the stock has really seen a meteoric rise.
Part of the sunrise industry of solar and wind energy, the company does have a few things going for it.
However, has the euphoria been overdone? Will the company continue to rise or is it all a big, speculative bubble that can burst any time?
I try to answer these questions in the video.
Do take a look.
Here's more on value investing:
- Is this Sector the Best Contrarian Bet Right Now?
- Is the Nifty Sounding the Warning Bell for a Crash?
- 43% Gains in 6 Months in Covid First Wave. What Will the Second Wave Bring?
- I Trust Tanushree to Pick India's Best Defence Stock for You
Rahul Shah co-head of research at Equitymaster is the editor of (Research Analyst), Editor, Microcap Millionaires, Exponential Profits, Double Income, Midcap Value Alert and Momentum Profits. Rahul has over 20 years of experience in financial markets as an analyst and editor. Rahul first joined Equitymaster as a Research Analyst, fresh out of university in 2003 but left shortly after to pursue his dream job with a Swiss investment bank. However, he quickly became disillusioned working for the 'financial establishment'. He learned first-hand the greedy stereotype of an investment banker is true and became uncomfortable working for a company that put profit above everything else. In 2006, Rahul re-joined Equitymas ter to serve honest, hardworking Indians like his father, who want to take control of their financial future - and not leave it in the hands of greedy money managers. Following the investment principles of Benjamin Graham (the bestselling author of The Intelligent Investor) and Warren Buffet (considered the world's greatest living investor), Rahul has recommended some of the biggest winners in Equitymaster's history.
Equitymaster requests your view! Post a comment on "Adani Green: A Future Multibagger or a Big, Speculative Bubble". Click here!
5 Responses to "Adani Green: A Future Multibagger or a Big, Speculative Bubble"
Diwakar Srivastava
Nov 27, 2020Very rational and realistic analysis. Absence of journalistic and emotional aspect makes your analysis superior.
Yatin Parikh
Nov 27, 2020Instead of comparing Adani Green with ONGC (which is not into solar powerand has been a wealth destroyer), it would have been prudent to compare with a similar company in same industry, namely Sterling and Wilson Solar, which is trading below its fair value.
amar galliara
Nov 27, 2020i definitely agree with this content, and i do believe that ONGC has still good numbers as compared to Adani Green. Even i too was wondering why is the share moving up so rapidly, because it just does not make sense. thanks for giving your professional feedback. it at least confirms my thinking.
Manohar Subramaniam
Nov 26, 2020Dear sir,
I do agree, but still it's a break or build like stock, like Amazon in the beginning did not have the value of today and questioned ... but those who invested are millionaires and some are billionaires, so technically and fundamentally you are right,but it's in a project with future and in hands of a well known citizen with other companies of Adani group, I feel we have to invest less and keep monitoring
ABOUT EQUITYMASTER
Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.
PREMIUM PRODUCTS
QUICK LINKS
POPULAR TOPICS
- Multibagger Penny Stocks
- Basics of Value Investing
- Benjamin Graham
- How to Invest in Gold
- How to Invest in Silver
- Best Stocks to Buy Today
- Best Small-cap Stocks to Buy
- Best Bluechip Stocks to Buy
- Guide to Penny Stocks
- How to Invest in the Share Market
- Warren Buffett - The Value Investor
- Pick the Best Multibagger Stocks
TRENDING TOPICS
Copyright © Equitymaster Agora Research Private Limited.
Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap
Equitymaster Agora Research Private Limited (Research Analyst)
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.
103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Email: info@equitymaster.com. Website: www.equitymaster.com.
CIN:U74999MH2007PTC175407
Name of the Compliance & Grievance Officer: Ms Sonal Ramachandran
Telephone: +91-22-61434003 | Email: compliance@equitymaster.com
LEGAL DISCLAIMER:
Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.
Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.
Rahul
Nov 30, 2020Thanks for sharing your views in a clear and simple manner. I was not aware of the huge surge in Adani Green but your analysis was important to understand why it still does not make sense-as of now-to invest in that sunrise industry. Not completely convinced on your logic of buying ONGC as investors are likely to still shy away from putting too much of their money in a dying industry, so even if the intrinsic value is high and will remain higher for some years to come, it's unlikely to rise too much unless all companies in sunrise industry really fail dramatically and we just revert back to Oil and Gas- an unlikely scenario. Certainly worth a watch on how Adani Green is doing on its financials over the next few years and vs its own commitments!