🔔 Contract Alert
Adani Green Energy to supply 5 GW solar power under a long-term PPA with MSEDCL, following a Letter of Intent for 6,600 MW hybrid power.
Analyst Rating
based on 3 analysts
66.67%
Buy
0.00%
Hold
33.33%
Sell
Based on 3 analysts offering long term price targets for Adani Green Energy Ltd. An average target of ₹1826.67
Source: S&P Global Market Intelligence
Adani Green Energy Ltd Share analysis
Adani Green Energy Ltd price forecast by 3 analysts
Upside of2.15%
High
₹2550
Target
₹1826.67
Low
₹800
Adani Green Energy Ltd target price ₹1826.67, a slight upside of 2.15% compared to current price of ₹1930.8. According to 3 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Adani Green Energy Ltd revenue growth forecast
Expected growth rate Q1, FY2026:103.41%
Forecast
Actual
Including amortisation and stock based compensations
Adani Green Energy Ltd EPS growth forecast
EPS estimate Q1, FY2026:273.92%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹1,833.15₹1,941.6552 Week's Low
52 Week's High
₹815.55₹2,174.1
| Returns % | |
| 1 Month Return | -2.34 % |
| 3 Month Return | -1.42 % |
| 1 Year Return | + 77.94 % |
| Market Stats | |
| Previous Close | ₹1,788.20 |
| Open | ₹1,850.00 |
| Volume | 53.43L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,83,256.69Cr |
Key Statistics
| P/E Ratio | 256.19 |
| PEG Ratio | 284.65 |
| Market Cap | ₹2,83,256.69 Cr |
| P/B Ratio | 65.85 |
| EPS | 7.95 |
| Dividend Yield | 0 |
| Sector | Power Generation & Distribution |
| ROE | 0 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹2,83,256.69 Cr | 623.82% | 0.89 | ₹1,260 Cr | ₹9,220 Cr | |
| BUY | ₹1,12,446.70 Cr | 516.19% | 0.59 | ₹660 Cr | ₹6,529 Cr |
Company Information
AGEL operates primarily in India but has ambitions to expand its renewable energy footprint globally. The company does not have specific sub-brands but manages a wide range of solar and wind projects across various states in India, contributing significantly to the country's renewable energy capacity. A notable fact about Adani Green is its achievement of being the world’s largest solar power developer by capacity, with over 20 GW of renewable energy projects in its pipeline. Another key fact is the company’s commitment to sustainability, aiming to become the world's largest renewable energy company by 2030.
Adani Green is a subsidiary of the Adani Group, a multinational conglomerate with interests in multiple sectors, including energy, infrastructure, and logistics. The company has been involved in strategic mergers and acquisitions to enhance its renewable energy portfolio, including acquiring SB Energy India, a major player in the solar energy sector, to bolster its position as a leader in sustainable energy.
Share Price: ₹1930.80 per share as on 16 Sep, 2024 04:01 PM
Market Capitalisation: ₹2,83,256.69Cr as of today
Revenue: ₹2,793.00Cr as on June 2024 (Q2 24)
Net Profit: ₹449.00Cr as on June 2024 (Q2 24)
Listing date: 18 Jun, 2018
Chairperson Name: Gautam S Adani
| Organisation | Adani Green Energy Ltd |
| Headquarters | |
| Industry | Power Generation & Distribution |
| E-voting on shares | Click here to vote |
Key events for Adani Green Energy Ltd
Adani Green Energy Secures Major Solar Power Contracts - 16 Sep, 2024
Adani Green Energy Ltd has secured a significant contract to supply 5 GW of solar power, leading to a notable rise in share prices. The company received a Letter of Intent from MSEDCL for a total of 6,600 MW hybrid power supply, with a flat tariff of Rs 2.70 per kWh for 25 years. Emkay Global maintains a Buy rating, highlighting the growth potential and attractive pricing.
Adani Green Energy Secures Major Power Supply Contract - 15 Sep, 2024
Adani Green Energy and Adani Power won a bid to supply 6,600 MW of renewable and thermal power to Maharashtra. Additionally, Saurabh Shah has been appointed as the new CFO, effective October 1, 2024.
Adani Green Energy Appoints New CFO Saurabh Shah - 14 Sep, 2024
Adani Green Energy Ltd has appointed Saurabh Shah as the new Chief Financial Officer, effective October 1, 2024, succeeding Phuntsok Wangyal, who resigns on September 30, 2024.
Adani Green Energy Responds to Allegations - 13 Sep, 2024
Adani Green Energy Ltd shares gained attention after the Adani group dismissed Hindenburg Research's claims regarding the seizure of $310 million in Swiss accounts.
Adani Green Energy Redeems Bonds Ahead of Schedule - 10 Sep, 2024
Adani Green Energy Ltd has successfully redeemed $750 million worth of bonds ahead of maturity, aligning with its capital management and deleveraging strategy, reflecting its growth in renewable energy.
Adani Green Energy Successfully Redeems $750 Million Notes - 09 Sep, 2024
Adani Green Energy Ltd has successfully redeemed its $750 million Holdco Notes, enhancing its capital management strategy and supporting its growth from 3.5 GW to 11.2 GW capacity. The company aims for 50 GW renewable energy capacity by 2030.
Adani Green Energy Forms JV and Plans Bond Issuance - 06 Sep, 2024
Adani Green Energy Limited has formed a joint venture with TotalEnergies to manage solar projects totaling 1,150 MW and plans to raise $1.5 billion through bond sales for refinancing. Bonds will be issued under renewable energy units.
Adani Green Energy Forms JV, Plans Bond Sales - 05 Sep, 2024
Adani Green Energy is negotiating $1.5 billion in dollar bond sales for refinancing and has formed a joint venture with TotalEnergies for solar projects in Gujarat.
Adani Green Energy Secures $444 Million Investment - 04 Sep, 2024
Adani Green Energy Ltd (AGEL) will supply assets to a joint venture, with TotalEnergies investing $444 million to finance its growth, pending regulatory approvals.
Adani Green Energy Forms JV with TotalEnergies - 03 Sep, 2024
Adani Green Energy Limited announces a joint venture with TotalEnergies, involving a $444 million investment for a 1,150 MW solar project portfolio. Despite this, shares fell over 2% amid weak market conditions.
Adani Green Forms $444 Million JV with TotalEnergies - 02 Sep, 2024
Adani Green Energy has approved a joint venture with TotalEnergies, involving a $444 million investment for a 1,150 MW solar project portfolio. The partnership aims to enhance renewable energy capacity amid India's 500 GW target by 2030.
Khavda Solar Park Progress Boosts Adani Green Energy - 21 Aug, 2024
The Khavda solar park in Gujarat, a hybrid solar-wind project by Adani Green Energy, is set to reach 30GW capacity by 2027. It has already begun generating power with 551 megawatts of solar capacity operational.
Adani Green Energy Reports Strong EBITDA Growth - 19 Aug, 2024
Adani Green Energy Ltd experienced a significant EBITDA increase of 30.3%, driven by a 31% expansion in operational capacity, indicating robust performance in the utility segment.
Insights on Adani Green Energy Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 5 quarters, 2.39K Cr → 3.12K Cr (in ₹), with an average increase of 6.4% per quarter
- POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 56.37% to 57.52% in Jun 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 150.0 Cr → 446.0 Cr (in ₹), with an average increase of 66.4% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 23.93% to 24.11% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Adani Power Ltd has given 542.8% return, outperforming this stock by 489.9%
- NO EFFECT
Against Peers
In the last 1 year, JSW Energy Ltd has given 95.0% return, outperforming this stock by 17.1%
NEGATIVE IMPACTPrice Dip
In the last 7 days, ADANIGREEN stock has moved down by -4.2%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 18.15% to 16.91% in Jun 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 0.19% to 0.10% in Jun 2024 quarter
Adani Green Energy Ltd Infographics
Adani Green Energy Ltd Q1 FY2024-2025 Results: Key Insights
Adani Green Energy Q1 Net Profit doubles to ₹629 cr YoY due to strong sales
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 57.52% | 2.03 | |
| Foreign Institutions | 16.91% | ||
| Mutual Funds | 0.1% | ||
| Retail Investors | 24.11% | 0.76 | |
| Others | 1.36% | 0.21 |
Key Indicators
Adani Green Energy Ltd Valuation
Adani Green Energy Ltd in the last 5 years
Lowest (-3012.88x)
November 24, 2020
Industry (30.36x)
September 13, 2024
Today (256.19x)
September 13, 2024
Highest (5100.71x)
September 29, 2020
Earnings and Dividends
Adani Green Energy Ltd Earnings Results
Adani Green Energy Ltd’s net profit jumped 38.51% since last year same period to ₹446Cr in the Q1 2024-2025. On a quarterly growth basis, Adani Green Energy Ltd has generated 197.33% jump in its net profits since last 3-months.
Read More about Earnings Results
Technicals Summary
Bearish
Neutral
Bullish
Adani Green Energy Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Adani Green Energy Ltd (ADANIGREEN) share price today is ₹1930.8
Adani Green Energy Ltd is listed on NSE
Adani Green Energy Ltd is listed on BSE
- Today’s highest price of Adani Green Energy Ltd is ₹1941.65.
- Today’s lowest price of Adani Green Energy Ltd is ₹1833.15.
PE Ratio of Adani Green Energy Ltd is 256.19
PE ratio = Adani Green Energy Ltd Market price per share / Adani Green Energy Ltd Earnings per share
Today’s traded volume of Adani Green Energy Ltd(ADANIGREEN) is 53.43L.
Today’s market capitalisation of Adani Green Energy Ltd(ADANIGREEN) is ₹283256.69Cr.
| Adani Green Energy Ltd(ADANIGREEN | Price |
|---|---|
52 Week High | ₹2174.1 |
52 Week Low | ₹815.55 |
Adani Green Energy Ltd(ADANIGREEN) share price is ₹1930.8. It is down -11.19% from its 52 Week High price of ₹2174.1
Adani Green Energy Ltd(ADANIGREEN) share price is ₹1930.8. It is up 136.75% from its 52 Week Low price of ₹815.55
| Adani Green Energy Ltd(ADANIGREEN | Returns |
|---|---|
1 Day Returns | 142.6% |
1 Month Returns | -2.34% |
3 Month Returns | -1.42% |
1 Year Returns | 77.94% |