Adani Power Ltd Buy rating and a ₹270 price target

Motilal Oswal initiated coverage on Adani Power with a “Buy” rating and a ₹270 price target (roughly 30% upside from recent levels), citing India’s thermal-capacity upcycle, strong earnings visibility and improving free-cash-flow generation. For Q1 FY27, Adani Power reported consolidated net profit of about ₹4,806 crore, up 41.98% year-on-year, with net sales rising 26.5% to ₹15,761 crore. In parallel, market commentary on the 2026 MSCI index rebalancing highlighted Adani Power as one of the Adani group stocks likely to attract incremental foreign inflows, estimated at around $28 million. The stock was trading around ₹207–₹208, with a day range of roughly ₹206.75–₹208.99. its Q1 FY27 profit jump of about 42%, and its inclusion among Adani stocks expected to see MSCI-related inflows.