Adani Ports & Adani Energy in Focus: Major Fundraising Moves to Drive Market Sentiment on June 2
Adani Ports and Adani Energy shares may see movement on June 2 after key fundraising updates. ₹5,000 Cr bond issue, ₹4,300 Cr equity raise, new project wins—here’s a full technical and fundamental analysis.
Market Update: Why Adani Group Stocks Will Be in Focus on June 2
Investors are expected to keep a close eye on two major Adani Group companies—Adani Ports and Special Economic Zone Ltd (APSEZ) and Adani Energy Solutions Ltd (AESL)—on Monday, June 2, 2025. Both companies have made substantial announcements regarding fundraising and expansion plans, which may influence their short-term and long-term stock movement.
Adani Energy Solutions: Fundraising, Projects, and Leadership Moves
On May 31, AESL's board approved a ₹4,300 crore fundraising through qualified institutional placement (QIP) or other equity-linked instruments in multiple tranches. This infusion of capital aims to support the company's expanding infrastructure initiatives.
New Project Secured
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₹1,600 crore ISTS project in Maharashtra.
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Includes 3,000 MVA substation capacity.
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The order book now stands at ₹61,600 crore.
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Total transmission network: 26,696 circuit km (ckm).
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Target commissioning: January 2028.
Leadership Appointments
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Kandarp Patel appointed as Whole Time Director & CEO.
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New Independent Directors: Hemant Nerurkar, Amiya Chandra, and Chandra Iyengar.
AESL Stock Performance
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Last close (May 31, 2025): ₹867.80 (↓1.49%)
Adani Ports: Historic ₹5,000 Cr Domestic Bond Issue and Global Tender Offer
Adani Ports made headlines with its largest-ever domestic bond issue of ₹5,000 crore, raised through 15-year Non-Convertible Debentures (NCDs), subscribed solely by LIC, with a coupon rate of 7.75% per annum.
Additional Financial Strategy
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The board approved a tender offer of up to $1 billion of outstanding senior notes.
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To be executed in tranches over the next six financial quarters.
APSEZ Stock Performance
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Last close (May 31, 2025): ₹1,432.30 (↓0.44%)
Fundamental Analysis
🔹 Adani Energy Solutions Ltd (AESL)
| Metric | Value |
|---|---|
| Market Cap | ₹97,000+ Cr (Approx.) |
| Order Book | ₹61,600 Cr |
| Debt-to-Equity Ratio | ~1.4 (Moderate) |
| Revenue Growth (YoY) | ~15% |
| ROCE | ~9% |
| Sector Outlook | Positive (Power Infra Demand) |
AESL’s fundamentals remain strong due to a rising order book, regulatory clarity, and infrastructure-led government policies. The ₹4,300 Cr fundraise will strengthen its balance sheet and enable faster project execution.
🔹 Adani Ports & SEZ Ltd (APSEZ)
| Metric | Value |
|---|---|
| Market Cap | ₹3.10 Lakh Cr (Approx.) |
| Debt-to-Equity Ratio | ~0.85 (Low Risk) |
| ROCE | ~15% |
| Net Profit Margin | ~25% |
| Recent Ratings | AAA/Stable (India) |
| Global Presence | Expanding in logistics & SEZ |
Adani Ports remains a fundamentally robust company with high cash flow, solid credit ratings, and minimal leverage. The ₹5,000 Cr domestic bond issue and dollar bond buyback indicate efficient capital management.
Technical Analysis (as of May 31, 2025)
🔹 AESL – ₹867.80
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Support: ₹840
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Resistance: ₹910
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RSI: ~48 (Neutral)
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200-DMA: ₹830
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Outlook: Sideways to Positive
A breakout above ₹910 may trigger bullish momentum. The stock is consolidating post-correction, and positive news could provide upward momentum.
🔹 Adani Ports – ₹1,432.30
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Support: ₹1,390
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Resistance: ₹1,480
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RSI: ~53 (Slightly Positive)
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200-DMA: ₹1,360
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Outlook: Mildly Bullish
The stock remains in a healthy uptrend. With strong bond demand and rating strength, a breakout above ₹1,480 could lead to a move toward ₹1,540.
What to Expect on Monday, June 2, 2025
Bullish Triggers:
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Large fund infusion in AESL may attract institutional interest.
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₹5,000 Cr bond issue in Adani Ports signals confidence from LIC.
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Infrastructure project win and leadership restructuring boost sentiment.
Caution:
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The market may react conservatively if macro indicators (RBI, global cues) are uncertain.
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Technical resistance zones may limit immediate upside unless volumes rise.
Conclusion
Adani Energy Solutions and Adani Ports are poised for active trading on Monday, June 2, backed by robust capital raising efforts and strategic expansions. While fundamentals support a positive outlook, traders should watch key resistance levels for confirmation of breakout trends.
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