Adani Energy Solutions share price: Analysts turn bullish after 30% correction; check new targets
Adani Energy Solutions secured new business in a quarterly results development.
· Business Today Mkts
Adani Energy Solutions share price outlook: Jefferies, ICICI Securities, Elara Capital and PL Capital turn bullish after Q2 results. Check target prices and ratings.
The analysis
Adani Energy Solutions reported movement of 30%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +3.1% on the day at ₹1,258.00, and has returned -26.1% over three months. It sits 28% below its 52-week high, which means a good deal of bad news was already in the price. The power sector has moved -17.7% over the same period, so Adani Energy Solutions is running 8.4 points behind its peers.
For Adani Energy Solutions, the question is how much of this is already reflected in the price and how much re-rates the power peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Adani Energy Solutions (ADANIENSOL), in Power.
- On the day, 2 of 2 are higher: Adani Energy Solutions leads at +3.1% and ICICI Bank trails at +0.6%.
- Over three months: Adani Energy Solutions -26.1% against Power -17.7% (8.4 points behind); ICICI Bank -2.1% against Banks -6.8% (4.7 points ahead).
- At least 25% below the 52-week high: Adani Energy Solutions (28%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Adani Energy SolutionsADANIENSOL · Power | ₹1,258.00 | +3.1% | -6.0% | -26.1% | -27.8% | 0.6× | — |
| ICICI BankICICIBANK · Banks | ₹1,403.00 | +0.6% | +5.7% | -2.1% | -4.1% | 0.6× | — |
Power
1M -11.6% · 3M -17.7%
Adani Energy Solutions
Banks
1M -6.3% · 3M -6.8%
ICICI Bank
Capital Goods & Engineering
1M -12.1% · 3M -5.5%
Capital Markets
1M -6.5% · 3M -6.9%
Prices as of 26 Oct 2026, 16:53 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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