Adaro Energy traded at 2,630.00 this Wednesday March 25th, increasing 180.00 or 7.35 percent since the previous trading session. Looking back, over the last four weeks, Adaro Energy gained 13.36 percent. Over the last 12 months, its price rose by 42.93 percent. Looking ahead, we forecast Adaro Energy to be priced at 2,361.07 by the end of this quarter and at 2,113.17 in one year, according to Trading Economics global macro models projections and analysts expectations.
PT Adaro Energy Tbk is an Indonesia-based company. The Company is an integrated energy producer in Indonesia with businesses in the coal, energy, utilities and supporting infrastructure sectors. Its business activities include Adaro Mining, Adaro Services, Adaro Logistics, Adaro Power, Adaro Land, Adaro Water, Adaro Capital and Adaro Foundation. The Company's segments include Coal mining and trading, Mining services, Logistics and Others. Its coal is marketed under the brand name Envirocoal. Its subsdiaries include PT Alam Tri Abadi, PT Saptaindra Sejati, PT Adaro Power, PT Drupadi Tirta Intan, PT Adaro Logistics, PT Adaro Persada Mandiri, Adaro Capital Limited (ACL).