Adani Group Cheap Shares and How to Buy Adani Shares in 2024
Adani Cheap Shares: Adani, who not long ago became India's richest man, saw his fortune drop from $130 billion to $50 billion after the release of the Hindenburg report. However, Adani Group Chairman Gautam Adani has made a remarkable comeback, with his wealth now standing at $100.7 billion. Witnessing this resurgence, many individuals are interested in investing in Adani's cheapest shares.
Friends, to invest in Adani's affordable shares, today I will tell you about some shares in which you can invest and receive good returns. Additionally, we will also learn about how many companies are there in the Adani Group, which Adani share is good, Adani's cheapest share, and which one is the most expensive share.
Here is a list of some Adani Group Cheap shares that investors may consider
Adani Wilmar – Share Price – ₹380.70 INR ↓−7.15 (1.84%)today
Adani Power – Share Price – ₹549.00 INR ↓ −17.70 (3.12%)today
Ambuja Cement – Share Price – ₹588.00 INR ↓−15.35 (2.54%)today
Adani Total Gas – Share Price – ₹1,018.00 INR ↓−30.30 (2.89%)today
TOP 5 adani Share Price With market Cap.
| Company Name | Share Price | Market Cap |
|---|---|---|
| NDTV | ₹258 | ₹1,702 Cr. |
| Adani Wilmar | ₹380 | ₹45,060 Cr. |
| Adani Power | ₹549 | ₹2,17,377 Cr. |
| Ambuja Cement | ₹588 | ₹1,16,210 Cr. |
| Adani Total Gas | ₹1018 | ₹1,10,701 Cr. |
#1. NDTV
Adani's most affordable share is New Delhi Television (NDTV), which is a media company in India providing news, web stories, live TV, and other content in Hindi and English. Its share price is ₹258 with a Market Cap of ₹1,702 crore. NDTV was founded in 2003 and is headquartered in New Delhi.Through NDTV, you can also learn about the ups and downs of the stock market and gain insights into financial topics such as cryptocurrency, share market, gold, risk management, etc. Posts related to these topics are regularly published here.
NDTV's P/E ratio is 6.16, which is lower than average for this sector. This means that the company's valuation is currently relatively cheap, providing an opportunity for investment. If you want to buy shares of NDTV in the stock market, you need to have a Demat Account. You can open your Demat Account with India's best broker by clicking below – GROWW
#2. Adani Wilmar
This is the second cheapest share of Adani whose share price is ₹ 345. Adani Wilmar is India's largest oil production company. It is a company of Adani Enterprises Limited in which fertilizer oils like soybean, sunflower and mustard are produced.
The current share price of Adani Wilmar is ₹365 and its market cap is ₹45,060 crore and its P/E ratio is 5.66 which is good to invest in. It has fallen below 16% in the last one year and the same in the last 5 years. Has given a return of 61%.
Share Name Adani Wilmar
Share price ₹380
Market Cap ₹45,060
Return in 5 years 61%
#3. Adani Power
Adani Power Limited is one of the largest thermal power producing company in India. It is a Adani Group company which is producing electrical energy in states like Gujarat, Maharashtra, Haryana, Rajasthan, Karnataka and Punjab. Its current share price is ₹ 564. And its market cap is ₹2,17,377 crore and its P/E ratio is 5.37.
Adani Power has 6 thermal power plants which are spread in different states. This company was established in 1966 and its production capacity is 15, 250 MW.
Adani cheapest share name is Adani Power.
Share price ₹549
Market cap ₹2,17,377 crore
P/E ratio 5.37
Return in 5 years 1426%
#4. Ambuja Cement
The cheapest share of Adani is Ambuja Cement Limited, also known as Gujarat Ambuja Cement Limited, its current share price is Rs 588, which is the second largest cement manufacturing company with a market cap of ₹ 1,16,210 crore.
Ambuja Cement has recently been purchased by Adani Group, which has made the return of Ambuja Cement 68% in the last 1 year and its return in the last 5 years is 195%. If you want to invest in the shares of Adani Group, then Ambuja Cement of Adani Group should definitely be in your watch list because it has been giving good returns from time to time.
Adani's cheapest share is Ambuja Cement.
Share price ₹588
P/E ratio 3.53
195% return in 5 years
#5. Adani Total Gas
The current share price of Adani Total Gas Limited is ₹ 1017. It is a company of Adani Group Limited, which has been renamed from Adani Gas Limited to Adani Total Gas Limited in 2021. Its market cap is ₹ 1,10,701 crore and its P/E Ratio is 34.21. Is.
Adani Total Gas manufactures LPG gas in the domestic sector, along with this it also manufactures CNG gas. This is the fifth cheapest share of Adani which you can buy.
Share Name Adani Total Gas
Share price ₹1018
P/E Ratio 34.21
Market Cap ₹1,10,701
Best Adani cheapest share Price
The cheapest share of Adani is NDTV whose share price is ₹258, its market cap is ₹1,702 crore and its P/E Ratio is 6.16.
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How to buy Adani shares in 2024
To buy Adani shares, first open Demat Account and search Adani Group shares and click on buy. Your Adani shares will be bought, if you want to open your Demat account with India's best broker then click.
You will need a Demat and trading account to buy Adani Group shares. You can open a free Demat and trading account with 5paisa and buy the Adani Group shares by logging into your Demat account, choosing a Adani Group company, and placing a “Buy Order.
10 Easy Steps To Create a Demat Account
Choose a Brokerage Platform: Select a reputable brokerage platform that allows you to trade stocks. Ensure the platform supports trading on the stock exchange where Adani shares are listed.
Get Started: Sign up for an account on the brokerage platform you've chosen. Fill in your personal information and complete any verification steps needed, like KYC. Then, deposit funds into your account to have money ready for buying Adani shares.
Research Adani Group: Conduct thorough research on Adani Group, including its various businesses, financial performance, recent news, and future prospects.This will help you make an informed decision before investing.
Find the Ticker Symbol: Determine the ticker symbol for Adani shares on the stock exchange where you plan to buy them. For example, on the Indian stock exchanges, Adani Enterprises Limited's ticker symbol is "ADANIENT."
Buy and Sell : Sign in to your brokerage account and place an order to purchase Adani shares. You have the option to select either a market order (buying at the current market price) or a limit order (specifying the highest price you're willing to pay).
Review and Confirm: Before finalizing your order, review the details carefully, including the number of shares you wish to purchase and the price. Once you're satisfied, confirm the order.
Monitor Your Investment: After purchasing Adani shares, keep track of your investment. Monitor Adani Group's performance, industry trends, and any news that may impact the stock price.
Consider Long-Term Goals: While investing in stocks, including Adani shares, it's essential to consider your long-term investment goals. Avoid making impulsive decisions based on short-term fluctuations in the stock price.
Diversify Your Portfolio: Don't put all your money into a single stock. Consider diversifying your investment portfolio by investing in a mix of stocks from different sectors and asset classes to reduce risk.
Conclusion
Adani's journey from adversity to resurgence serves as an inspiration to many. With his wealth bouncing back and renewed interest in Adani's affordable shares, investors are eyeing opportunities in the Adani Group. Through exploring various Adani Group shares like NDTV, Adani Wilmar, Adani Power, Ambuja Cement, and Adani Total Gas, investors can diversify their portfolios and potentially reap good returns. Remember, investing requires careful consideration, research, and long-term planning. By following the steps outlined for purchasing Adani shares, investors can navigate the market with confidence. Here's to informed investing and fruitful financial endeavors ahead!
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