adani energy solutions buy on dips opportunity for long term

Adani Energy Solutions Limited is currently trading around ₹1,400–₹1,405, after closing at ₹1,385.70 on 3 September. The stock remains well below its 52-week high of ₹1,789 but significantly above its 52-week low of ₹744.90. 1. Company Overview Adani Energy Solutions is primarily involved in: Power transmission Power distribution Smart metering Energy Solutions Platform Its transmission network has reached around 27,949 ckm, while cumulative smart-meter installations stood at 13.44 million as of Q1 FY27. 2. Fundamental Analysis The latest Q1 FY27 results were very strong: Particular Q1 FY27 YoY Growth Total Income ₹9,852 Cr +40% Operational Revenue ₹7,117 Cr +54% EBITDA ₹3,178 Cr +58% PAT ₹1,237 Cr +130% Operating EBITDA ₹2,779 Cr +70% The particularly strong areas were: Transmission EBITDA: +38% Smart Metering EBITDA: +141% Energy Solutions Platform EBITDA: ₹590 crore vs ₹17 crore Transmission availability remained very high at 99.6%. Fundamental View: Positive The earnings trajectory is encouraging, particularly because transmission, smart metering and the new energy-solutions business can provide multiple growth drivers. However, valuation is not cheap. Around ₹1,400, the stock is trading at a high earnings multiple; one current data source shows P/E around 55x. So, strong business growth is already partly reflected in the price. 3. Technical Analysis This is where the stock becomes interesting. The stock had a sharp fall on 31 August, dropping around 10.37% to ₹1,417.40 on very high volume. It subsequently moved toward ₹1,385–₹1,400 and is attempting to stabilize. Current technical data shows: Current price: ₹1,400 200-day EMA: ₹1,317 100-day EMA: ₹1,472 50-day EMA: ₹1,553 20-day EMA: ₹1,532