Adani Energy Solutions Limited (AESL) shares showed positive movement on September 20, driven by analyst forecasts from Cantor Fitzgerald, who see the potential for a significant upside of up to 125% in the stock. AESL shares rose 3.66%, reaching an intraday high of ₹1,014.90 on the NSE. This rebound followed two consecutive days of decline.
Over the past year, AESL’s stock has appreciated by 17.68% on the BSE, with a remarkable five-year performance, offering investors a 353.36% return. Formerly known as Adani Transmission, AESL holds a diverse portfolio, including transmission assets, distribution assets, and smart metering operations, establishing itself as India’s largest private-sector power transmission and distribution company.