adani enterprise buy on dips to accumulate

Adani Enterprises Ltd. (AEL) is the flagship company of the Adani Group and operates as an incubator for large infrastructure and emerging businesses, including airports, new energy, data centres, roads, copper and other strategic sectors. The stock was trading around ₹2,883 on 6 October 2026. Its 52-week range is approximately ₹1,753–₹3,245, indicating that the stock has already witnessed substantial volatility over the last year. Business Standard Fundamental Analysis The company's Q1 FY27 results were operationally strong. Consolidated total income increased 50% YoY to ₹33,546 crore, while EBITDA rose 49% to ₹5,642 crore, the highest-ever quarterly EBITDA reported by AEL. Adani Enterprises However, reported PAT was impacted by a ₹2,644 crore exceptional item related to the OFAC settlement, resulting in a reported loss attributable to owners for the quarter. Therefore, investors should distinguish between the underlying operating performance and the reported bottom line. Adani Enterprises Several businesses are entering an important scale-up phase: - Airports: EBITDA increased 49% YoY to ₹1,633 crore. - Copper: Sales increased sharply to 64.7 KT from 11.5 KT. - New Energy: Solar module manufacturing capacity expanded to 5.7 GW. - Data Centres: A new 400 MW hyperscale order took cumulative tied-up capacity to more than 960 MW. - Roads: Ganga Expressway toll collections commenced in May 2026. Adani Enterprises The company also raised ₹15,000 crore through a QIP, which strengthens its ability to fund its capital-intensive growth plans. Adani Enterprises Technical Analysis From a technical perspective, the stock is currently in a consolidation/correction phase rather than a confirmed fresh uptrend. At around ₹2,883, the stock is below its 20-day EMA of ₹2,936 and 50-day EMA of ₹2,963, while remaining above the 200-day EMA of approximately ₹2,726. RSI is around 44, indicating weak-to-neutral momentum.