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Adani Transmission Share Price Review Analysis

Adani Transmission is a Large company with the market Capitalization of Rs 134215 Crores .  Adani Enterprises is in the line of business of generating electricity.

Adani Transmission Sales sale in March Quarter 2021 increased to Rs 13525 as compared to the December 2020 where it stands up to Rs 11620 crores.  Adani Transmission Operating Profit in March Quarter 2021 increased to Rs 904 as compared to the December 2020 where it stands up to Rs 772 crores.  Adani Transmission Profit Before Tax in March Quarter 2021 decreased to Rs 296 as compared to the December 2020 where it stands up to Rs 404 crores. Adani Transmission Net Profit in March Quarter 2021 decreased to Rs 234 as compared to the December 2020 where it stands up to Rs 297 crores. Adani Transmission EPS (Earning Per Share) in March Quarter 2021 decreased to Rs 2.13Also ATGL [Adani Total Gas Limited] is recommended to hold the stock for the longer period of time as compared to the December 2020 where it stands up to 2.70.

If we see the performance of Adani Transmission then in this March 2021 quarter we will see that there is a tremendous growth in Sales  as well as Operating Profit as compared to last December 2020 quarter.  But in Profit Before Tax , Net Profit, EPS [Earning Per Share] there is drop in the performance of March 2021 Quarter as compared to that of December 2020 Quarter.

So, overall the Trend is positive and offcourse there is a Buy Call with the Target Price of Rs 1400 which would come in the span of 2 to 3 Month of time.

Also, if anyone wants to add Adani Transmission in the portfolio could add it for the long term of investment.

 

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