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Adani Green Energy Ltd

(ADANIGREEN)

₹1034.353.66%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Adani Green Energy Ltd Analyst Rating

based on 4 analysts

BUY

75.00%

Buy

0.00%

Hold

25.00%

Sell

Based on 4 analysts offering long term price targets for Adani Green Energy Ltd. An average target of ₹1966.25

Source: S&P Global Market Intelligence

Adani Green Energy Ltd Share analysis

Adani Green Energy Ltd price forecast by 4 analysts

Upside of83.14%

High

₹2550

Target

₹1966.25

Low

₹800

Adani Green Energy Ltd target price ₹1966.25, a slight upside of 83.14% compared to current price of ₹1034.35. According to 4 analysts rating.

Source: S&P Global Market Intelligence

Adani Green Energy Ltd Performance

  • Day's Low

    Day's High

    ₹1,015.1
    Day's Price Range
    ₹1,119
  • 52 Week's Low

    52 Week's High

    ₹870.25
    52-Week Price Range
    ₹2,174.1
1 Month Return-6.29 %
3 Month Return-47.14 %
1 Year Return-29.34 %
Previous Close₹1,073.65
Open₹1,074.90
Volume1.43Cr
Upper Circuit-
Lower Circuit-
Market Cap₹1,75,114.79Cr

Adani Green Energy Ltd Key Statistics

P/E Ratio168.55
PEG Ratio-147.85
Market Cap₹1,75,114.79 Cr
P/B Ratio65.85
EPS7.95
Dividend Yield0
SectorPower Generation & Distribution
ROE0

Adani Green Energy Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹1,75,114.79 Cr131.38%0.89₹1,260 Cr₹9,220 Cr
BUY₹91,981.85 Cr634.15%0.59₹660 Cr₹6,529 Cr

About Adani Green Energy Ltd

Adani Green Energy Limited (AGEL) is a leading player in the renewable energy sector, focusing on the development, operation, and maintenance of solar and wind energy projects. Incorporated in 2015 by Gautam Adani, the company is headquartered in Ahmedabad, Gujarat, and is registered under the Company Identification Number (CIN) L40106GJ2015PLC082007. AGEL is committed to providing sustainable energy solutions and is one of the largest renewable energy companies in India, with a rapidly expanding portfolio of solar and wind projects.

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: ₹1034.35 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,75,114.79Cr as of today
Revenue: ₹3,033.00Cr as on September 2024 (Q3 24)
Net Profit: ₹416.00Cr as on September 2024 (Q3 24)
Listing date: 18 Jun, 2018
Chairperson Name: Gautam S Adani
OrganisationAdani Green Energy Ltd
Headquarters
IndustryPower Generation & Distribution
E-voting on sharesClick here to vote

Key events for Adani Green Energy Ltd

  • Adani Green Completes $750 Million Bond Funding - 21 Dec, 2024

    Adani Green Energy has successfully completed funding for $750 million Holdco Bonds, enhancing investor confidence. The funds are allocated for bond redemptions, supporting AGEL's strategic goals of achieving 45 GW capacity by 2030.
  • Adani Green Energy Secures Major Investments Amid Scrutiny - 19 Dec, 2024

    Adani Green Energy faces scrutiny over a solar capacity transfer linked to bribery allegations. However, it secures significant investments from Qatar Investment Authority and Bain Capital, reinforcing its position as a leader in renewable energy development.
  • Adani Green's Solar Deal Faces Serious Scrutiny - 17 Dec, 2024

    Andhra Pradesh's solar energy contract with SECI, primarily benefiting Adani Green, is under investigation for alleged bribery and corruption, raising financial concerns for the state.
  • Adani Green Energy Faces Bribery Allegations and Stock Decline - 16 Dec, 2024

    Adani Green Energy's new subsidiary was formed, but shares fell 3% due to bribery allegations against Gautam Adani, supported by strong evidence. The indictment claims Adani bribed officials to secure contracts, raising concerns among investors.
  • Adani Green Energy Expands Capacity Amid Stock Decline - 14 Dec, 2024

    Adani Green Energy Limited plans to expand its renewable capacity to 50 GW by 2030, having added 2.8 GW in FY24. However, shares fell 2%, trading at Rs 1,197.35, a 45% discount from its 52-week high.
  • Adani Green Energy Reports Growth Amid Challenges - 13 Dec, 2024

    Adani Green Energy Limited announced a 250 MW solar project and new subsidiaries, but faced share price declines and opposition in Sri Lanka. Revenue for Q2 FY25 was Rs 3,973 crore.
  • Adani Green Energy Surges After Solar Project Commissioning - 12 Dec, 2024

    Adani Green Energy's share price rose nearly 9% following the commissioning of a 250 MW solar power project in Rajasthan, increasing its operational capacity to 11,434 MW. The company also reported a significant rise in net profit and total income for Q2FY25.
  • Adani Green Energy Faces Stock Decline Amid Challenges - 11 Dec, 2024

    Adani Green Energy faced stock declines due to market sentiment and challenges, including a withdrawn bond fundraising and ongoing scrutiny. Despite this, it remains a leading renewable energy producer with ambitious growth plans.
  • Adani Green Tops Wealth Creation Study - 10 Dec, 2024

    According to Motilal Oswal's study, Adani Green Energy Ltd emerged as the fastest wealth creator from 2019 to March 2024, achieving a remarkable 118% CAGR, turning ₹10 lakh into ₹4.9 crore.
  • Adani Green Faces Legal Scrutiny Amid Expansion Plans - 09 Dec, 2024

    Adani Green Energy Ltd is facing legal challenges from the US DoJ and SEC over alleged securities fraud, while also expanding its renewable energy capacity and cement production. Investor sentiment remains cautious but optimistic about project viability.
  • Adani Green Faces Regulatory Scrutiny and Financial Challenges - 06 Dec, 2024

    Adani Green Energy Ltd is navigating regulatory scrutiny regarding capacity transfers and facing financial challenges with a significant loan due in 2025. The government has waived transmission costs to incentivize electricity purchases, which may benefit the company.
  • Adani Green Energy Faces Controversies and Stock Decline - 05 Dec, 2024

    Adani Green Energy's stock is affected by bribery allegations against Gautam Adani, trading down 1.4% at ₹1,243.1. The company has lost 24.52% over the past month.
  • Adani Green Energy Faces Regulatory Challenges - 04 Dec, 2024

    Adani Green Energy has been impacted by bribery allegations against the Adani Group, leading to stock declines. Bernstein maintains its coverage without changing ratings.
  • Adani Green Faces Legal and Financial Challenges - 03 Dec, 2024

    Adani Green Energy Ltd faces significant challenges, including SEC fraud charges against its founder, debt repayment concerns, and a negative rating from Bernstein. However, the company maintains sufficient cash reserves to manage its obligations.
  • Adani Green Energy Stock Surges Amid Legal Scrutiny - 02 Dec, 2024

    Adani Green Energy shares experienced significant gains, rising 60% over four sessions. The stock's rally followed Gautam Adani's response to bribery allegations and plans to revive a dollar bond offering. However, scrutiny over a power supply agreement in Andhra Pradesh poses potential financial risks.
  • Adani Green Faces Legal Challenges and Supply Controversy - 01 Dec, 2024

    Adani Green Energy Ltd faces legal issues with US authorities over fraud allegations, impacting market value. Additionally, Andhra Pradesh's Cabinet will discuss a controversial power supply agreement.
  • Adani Green Energy Shares Surge Amid Bribery Allegations - 30 Nov, 2024

    Adani Green Energy shares rose over 25% this week following the company's clarifications regarding bribery allegations. The group denied all charges, boosting investor confidence.
  • Adani Green Energy Faces Challenges Amid Stock Surge - 29 Nov, 2024

    Adani Green Energy Ltd experiences significant stock gains following its inclusion in the F&O segment, despite facing serious bribery allegations and project delays in Andhra Pradesh. The company is also reconsidering its bond issuance plans amid ongoing scrutiny.
  • Adani Green Energy Responds to US Indictment Allegations - 28 Nov, 2024

    Adani Green Energy Ltd clarified that no bribery charges were leveled against its executives in a US indictment, leading to a significant rise in share prices. The company faces securities law charges but denies any wrongdoing related to bribery, prompting a rally in its stock.
  • Adani Green Energy Clears Executives of Bribery Charges - 27 Nov, 2024

    Adani Green Energy Ltd clarified that its executives are not charged with FCPA violations, leading to a surge in stock prices. However, Gautam Adani faces securities fraud charges. Legal experts suggest lower impact from these allegations.

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.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 6 quarters, 2.39K Cr → 3.37K Cr (in ₹), with an average increase of 6.7% per quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 57.52% to 60.94% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, JSW Energy Ltd has given 58.1% return, outperforming this stock by 86.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Adani Power Ltd has given 436.7% return, outperforming this stock by 456.0%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 16.91% to 15.15% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 446.0 Cr → 276.0 Cr (in ₹), with an average decrease of 38.1% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 24.11% to 22.46% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, ADANIGREEN stock has moved down by -9.2%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 0.10% to 0.09% in Sep 2024 quarter

Adani Green Energy Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹2,205.00Cr (-)₹2,218.00Cr (↑0.59%)₹2,498.00Cr (↑12.62%)₹2,793.00Cr (↑11.81%)₹3,033.00Cr (↑8.59%)
Net Income₹294.00Cr (-)₹139.00Cr (↓52.72%)₹265.00Cr (↑90.65%)₹449.00Cr (↑69.43%)₹416.00Cr (↓7.35%)
Net Profit Margin13.33% (-)6.27% (↓52.96%)10.61% (↑69.22%)16.08% (↑51.56%)13.72% (↓14.68%)
Value in ₹ crore
Details2021202220232024
Total Assets₹14,298.00Cr (-)₹27,964.00Cr (↑95.58%)₹28,665.00Cr (↑2.51%)₹41,383.00Cr (↑44.37%)
Total Liabilities₹11,828.00Cr (-)₹25,695.00Cr (↑117.24%)₹23,009.00Cr (↓10.45%)₹33,885.00Cr (↑47.27%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,490.00Cr (-)-₹718.00Cr (↓148.19%)₹1,455.00Cr (↓302.65%)₹5,003.00Cr (↑243.85%)-₹2,482.00Cr (↓149.61%)

Index Inclusions

S&P BSE Utilities

₹5,430.64

-2.6 (-145.01%)

Nifty Next 50

₹68,702.65

-2.72 (-1923.05%)

BSE 200

₹10,905.86

-1.89 (-210.17%)

NIFTY 100

₹24,448.85

-1.75 (-436.1%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

S&P BSE POWER

₹7,054.19

-3.55 (-259.88%)

Nifty Energy

₹34,910.60

-2.01 (-717.6%)

Nifty 200

₹13,373.90

-1.94 (-264.25%)

S&P BSE Infra.

₹606.32

-2.35 (-14.57%)

Nifty100 Eq Weig

₹31,223.95

-2.18 (-694.7%)

S&P BSE 250 LargeMidCap

₹10,353.28

-1.89 (-199.23%)

S&P BSE 100 LargeCap TMC

₹8,809.09

-1.77 (-158.49%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

Nifty Services Sector

₹31,563.85

-1.5 (-482.05%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

S&P BSE Largecap

₹9,171.23

-1.78 (-165.83%)

Nifty Commodities

₹8,188.45

-1.93 (-160.75%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Adani Green Energy Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
60.94%
5.95
Foreign Institutions
15.15%
-10.37
Mutual Funds
0.09%
-9.45
Retail Investors
22.46%
-6.86
Others
1.36%
-0.26

Adani Green Energy Ltd Key Indicators

Details202020212022
Return On Equity %610.84-4.18
Details20202021202220232024
Return On Assets %-0.361.471.753.42.66
Details20202021202220232024
Book Value Per Share (₹)4.885.517.6137.1238.33
Details20202021202220232024
Earning Per Share (₹)-0.391.163.136.147.95

Adani Green Energy Ltd Valuation

Adani Green Energy Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-3012.88x)

November 24, 2020

Industry (26.97x)

December 19, 2024

Today (168.55x)

December 19, 2024

Highest (5100.71x)

September 29, 2020

LowHigh

Adani Green Energy Ltd Earnings and Dividends

  • Adani Green Energy Ltd Earnings Results

    Adani Green Energy Ltd’s net profit fell -25.81% since last year same period to ₹276Cr in the Q2 2024-2025. On a quarterly growth basis, Adani Green Energy Ltd has generated -38.12% fall in its net profits since last 3-months.

    Read More about Earnings Results

Adani Green Energy Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Adani Green Energy Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Adani Green Energy Ltd

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Adani Green Energy Ltd (ADANIGREEN) share price today is ₹1034.35

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 ₹1119.
  • Today’s lowest price of Adani Green Energy Ltd is ₹1015.1.

PE Ratio of Adani Green Energy Ltd is 168.55

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 1.43Cr.

Today’s market capitalisation of Adani Green Energy Ltd(ADANIGREEN) is ₹175114.79Cr.

Adani Green Energy Ltd(ADANIGREENPrice
52 Week High
₹2174.1
52 Week Low
₹870.25

Adani Green Energy Ltd(ADANIGREEN) share price is ₹1034.35. It is down -52.42% from its 52 Week High price of ₹2174.1

Adani Green Energy Ltd(ADANIGREEN) share price is ₹1034.35. It is up 18.86% from its 52 Week Low price of ₹870.25

Adani Green Energy Ltd(ADANIGREENReturns
1 Day Returns
-39.3%
1 Month Returns
-6.29%
3 Month Returns
-47.14%
1 Year Returns
-29.34%