IIFL Capital sets INR 3,282 target for Adani Enterprises stock

Published on 10/26/2026 at 15:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FY26 revenue rose 2.63 percent. Adani Enterprises stock stood at INR 2,508.00 on October 26, 2026, up 1.25 percent on NSE.

Analyst target and dates

IIFL Capital initiated coverage with an INR 3,282 target on October 15, 2026.
Fiscal year 2026 revenue rose 2.63 percent to INR 1,004.69 billion.
Adani Enterprises stock stood at INR 2,508.00 on NSE on October 26, 2026 at 3:28 p.m. IST, up 1.25 percent on the day.
The investor calendar lists a board meeting for October 28, 2026.

Adani Ent, INE423A01024, Illustration mit AI erstellt.

Adani Enterprises (ISIN INE423A01024) has an INR 3,282 target from IIFL Capital, which initiated coverage with a buy rating on October 15, 2026, according to NDTV Profit. The target is 30.86 percent above the NSE price of INR 2,508.00. Adani Enterprises last traded at INR 2,508.00 on NSE on October 26, 2026 at 3:28 p.m. IST, up 1.25 percent on the day.

Revenue reached INR 1,004.69 billion

Adani Enterprises reported fiscal year 2026 revenue of INR 1,004.69 billion, compared with INR 978.95 billion in fiscal year 2025, according to its investor-relations page. The increase was 2.63 percent year over year. Earnings before depreciation, interest, taxes and amortization were INR 16.46 billion in fiscal year 2026, versus INR 16.72 billion in fiscal year 2025.

Stock sits 22.71 percent below its high

The NSE quote was within a 52-week range of INR 1,753.00 to INR 3,245.00 on October 26, 2026. At INR 2,508.00, the stock was 22.71 percent below the high and 43.07 percent above the low. The market capitalization was INR 3.4 trillion, while the price-to-earnings ratio was 39.68.

What does October 28 bring?

Adani Enterprises' investor calendar lists a board meeting for October 28, 2026. The calendar also lists January 28, 2027 for the third-quarter fiscal year 2027 board meeting, giving investors a dated sequence for the next reporting milestones.

Business mix keeps valuation in view

Adani Enterprises operates across infrastructure, energy and resources, airports, logistics, food, defense manufacturing and new-energy activities. IIFL Capital expects revenue to grow at a 22.00 percent compound annual rate and earnings before interest, taxes, depreciation and amortization at 35.00 percent between fiscal year 2026 and fiscal year 2029, according to NDTV Profit. The firm identified airports, copper, defense, data centers and new-energy projects as contributors to that outlook.

Price and target remain separate

The INR 3,282 target stands 30.86 percent above the October 26 NSE price, while the stock remains 22.71 percent below its 52-week high. That gap puts the analyst view and the current valuation on different reference points.

Adani Enterprises last traded at INR 2,508.00 on NSE on October 26, 2026 at 3:28 p.m. IST, up 1.25 percent on the day.