Adani Enterprises Ltd
| Name | Adani Enterprises Ltd |
| Sector | Trading |
| Capitalization | Large Cap |
| Buy/Sell | Overvalued |
| Peer Comparision | Click here |
Should you buy as per the technical Analysis?
Adani Enterprises Limited, often referred to as AEL, is headquartered in Ahmedabad, Gujarat, India. It is a publicly traded company listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Following the report by Hindenserburg, the stock faced a steep downfall but has been steadily recovering ever since.
Should you buy as per the Fundamental Analysis?
Adani Enterprises Ltd is highly valued considering the industry standards. However, given the brand name and favourable dynamics with the current ruling govt. we wont be surprised if the stock sustains these valuations and further moves up. Despite the positive longterm outlook, we believe there are many other stocks that can yield better returns with minimal risks. Check out this list.
Looking at the financials, the company has been performing well despite high debt. that it owns. But, investment here is associated with certain risks that we believe an investor must avoid.
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