Adani Group shares saw a dramatic surge in Monday’s trade, with some counters jumping up to 10%, fuelled by robust fourth-quarter earnings, improved operational indicators, and renewed investor optimism. Adding momentum to the rally was a Bloomberg report indicating confidential discussions between Adani representatives and Trump-era U.S. officials, aimed at resolving a foreign bribery investigation. After months of regulatory scrutiny and legal challenges, this upswing marks a shift in sentiment toward the conglomerate.
Market Rally Fueled by Financial Strength and Global Developments
By mid-morning, Adani Total Gas led the rally with a 10% rise to Rs 659, followed by Adani Ports & SEZ, which gained nearly 7% to Rs 1353.85. Adani Enterprises climbed 5.88% to Rs 2436, while Adani Green Energy, Adani Energy Solutions, and Adani Power rose between 4.6% and 6.3%.
The positive sentiment gained further traction after Bloomberg reported that Adani Group had initiated high-level talks with officials from the former Trump administration in an effort to dismiss foreign bribery charges. Though unconfirmed by the company, the report lifted investor confidence, indicating potential resolution on international legal fronts.
Strong Quarterly Numbers Add to Momentum
The rally was also driven by impressive Q4 FY25 results across the group. Adani Ports & SEZ reported a 50% year-on-year jump in net profit to Rs 3,023 crore, with revenue up 23% and EBITDA rising 24% to Rs 5,006 crore.
Adani Enterprises, the group’s flagship, posted a 753% spike in net profit to Rs 3,845 crore despite an 8% decline in revenue. A dividend of Rs 1.30 per share was declared for FY25.
Adani Green Energy showed strong operational growth as well. EBITDA rose 31% to Rs 2,400 crore, driven by a 30% rise in operational capacity and improved Capacity Utilization Factor (CUF), particularly at the Khavda plant. Power sales jumped 44%, with merchant and infirm segments making up 33%. While net debt increased 37% to Rs 72,900 crore due to aggressive capital expenditure, the company projects a 5GW capacity addition in FY26.
Analyst commentary remained bullish. Emkay Global retained its BUY rating on AGEL, maintaining its target price at Rs 1,500, citing steady earnings and long-term growth visibility.
With strong financials, favorable guidance, and easing global pressure, the Adani Group appears to have regained significant ground in market sentiment.
