Post demerge,Adani Enterprise is focusing on renewal, mining sector and city gas. For the last few year Adani Enterprise cleverly invested heavily to build the infrastructure while economy was in downturn. Its mining business is doing quite well as well as company is trying to reach out to maximum cities with gas supplies. In just concluded Q1, FY17; Adani enterprise made 364 Cr ( $ 55Mn) whereas they achieved revenue of more than 8884 Cr ( $1.34 Bn). With higher EPS and lower P/E, Adani Enterprise can be considered as attractive investment opportunity for long term investment. There is a perception within the investment community that organization may face financial constraints to service their debt but at the same time investor must focus on EBITA and the assets organization hold.
Investor mayconsider Adani Enterprise as Pension fund investment.
Disclaimer -
Consult your financial advisor before investing
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