19 Sep 2025 | 3 Mins Read

Morgan Stanley sees 29% upside in Adani Power stock

Flipitmoney

Morgan Stanley initiated coverage on Adani Power with an "overweight" rating and a ₹818 price target, projecting a 29% upside. The brokerage expects strong earnings growth, a 2.5-fold capacity increase, and 3-fold earnings before interest, taxes, depreciation, and amortisation by FY 2033. All five analysts have "buy" recommendations on the stock.