ADANIGREEN

ADANI GREEN ENERGY

Large Cap BSE: 541450 NSE: ADANIGREEN
₹1990.7
-33.25 (-1.64%)
As on 28 November, 2022 | 16:30

Adani Green Energy Share Price

Adani Green Energy Performance

Day Range

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  • High

52 Week Range

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  • High
  • Open Price
  • Previous Close
  • Volume

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Adani Green Energy Share Returns

  • Over 1 Month -4.29%
  • Over 3 Month -15.94%
  • Over 6 Month -8.99%
  • Over 1 Year 41.68%

Adani Green Energy Key Statistics

P/E Ratio 591.6
PEG Ratio 42.4
Market Cap Cr 315,333
Price to Book Ratio 265
EPS -0.6
Dividend 0
Relative Strength Index 40.45
Money Flow Index 47.24
MACD Signal -23.42
Average True Range 70.88

Adani Green Energy Investment Rating

  • Master Rating:
  • Adani Green Energy has an operating revenue of Rs. 6,082.00 Cr. on a trailing 12-month basis. An annual revenue growth of 55% is outstanding, Pre-tax margin of 11% is healthy, ROE of 41% is exceptional. The company has a high debt to equity of 3590%, which can be a reason to worry. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 47 which is a POOR score indicating inconsistency in earnings, a RS Rating of 45 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 134 indicates it belongs to a poor industry group of Energy-Alternative/Other and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Adani Green Energy Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 2,9122,1672,1092,2694,8481,4462,034
Operating Expenses Qtr Cr 2,9782,3082,0982,1474,8321,4211,988
Operating Profit Qtr Cr -66-14111122162546
Depreciation Qtr Cr 3222121
Interest Qtr Cr 154107288317789274
Tax Qtr Cr 00-54-7-10-118
Net Profit Qtr Cr -93132-116-7910137135

Adani Green Energy Technicals

EMA & SMA

Current Price
1990.7
-33.25 (-1.64%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 2094.16
  • 50 Day
  • 2138.67
  • 100 Day
  • 2159.88
  • 200 Day
  • 2151.15
  • 20 Day
  • 2110.41
  • 50 Day
  • 2154.73
  • 100 Day
  • 2180.53
  • 200 Day
  • 2152.99

Adani Green Energy Resistance and Support

PIVOT
₹2021.7
Resistance
First Resistance 2051.85
Second Resistance 2079.75
Third Resistance 2109.9
RSI 40.46
MFI 47.24
MACD Single Line -23.42
MACD -34.67
Support
First Resistance 1993.8
Second Resistance 1963.65
Third Resistance 1935.75

Adani Green Energy Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 686,767 17,512,559 25.5
Week 659,337 21,342,732 32.37
1 Month 895,498 33,393,124 37.29
6 Month 2,278,505 70,177,956 30.8

Adani Green Energy Result Highlights

Adani Green Energy Synopsis

NSE-Energy-Alternative/Other

Adani Green Energy is involved in the business activities of Electric power generation using solar energy. Company’s Total Operating Revenue is Rs. 10672.00 Cr. and Equity Capital is Rs. 1564.00 Cr. for the Year ended 31/03/2022. Adani Green Energy Ltd. is a Public Limited Listed company incorporated on 23/01/2015 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L40106GJ2015PLC082007 and registration number is 082007.
Market Cap 316,490
Sales 9,457
Shares in Float 61.78
No of funds 658
Yield
Book Value 208.23
U/D Vol ratio 0.7
LTDebt / Equity 766
Alpha 0.18
Beta 1.1

Adani Green Energy

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 60.75%60.5%61.27%
Mutual Funds 0.11%0.13%0.14%
Insurance Companies 1.15%0.85%0.65%
Foreign Portfolio Investors 15.25%15.91%16.53%
Financial Institutions/ Banks
Individual Investors 1.43%1.37%1.18%
Others 21.31%21.24%20.23%

Adani Green Energy Management

Name Designation
Mr. Gautam S Adani Chairman
Mr. Vneet S Jaain Managing Director & CEO
Mr. Sagar R Adani Executive Director
Mr. Rajesh S Adani Non Exe.Non Ind.Director
Mr. Sandeep Singhi Ind. Non-Executive Director
Dr. Poornima Advani Ind. Non-Executive Director
Mr. Dinesh Hasmukhrai Kanabar Ind. Non-Executive Director
Mr. Raminder Singh Gujral Ind. Non-Executive Director
Mr. Jose Ignacio Sanz Saiz Nominee Director
Ms. Friga Noy Ahlem Non Executive Director

Adani Green Energy Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Adani Green Energy Corporate Action

Date Purpose Remarks
2022-11-10 Quarterly Results
2022-08-02 Quarterly Results
2022-05-04 Audited Results
2022-04-08 Preferential issue of shares Inter-alia, to consider and evaluate the proposal for raising of funds by way of a rights issue, preferential allotment, including a qualified institutions placement.
2022-02-02 Quarterly Results

Adani Green Energy MF Shareholding

Name Amount(cr)
NJ Balanced Advantage Fund Regular Growth 4826
Nippon India ETF Nifty Next 50 Junior BeES 3020
ICICI Prudential Nifty Next 50 Index Fund Growth 2480
UTI Nifty Next 50 Index Fund Regular Growth 2026
SBI Nifty Next 50 ETF 1182

About Company

Adani Green Energy Limited (AGEL) is established as one of the largest renewable energy companies in India. The company is engaged in the production of renewable energy and other ancillary operations. It designs, constructs, owns, runs, and maintains utility-scale solar power, wind power, hybrid projects, and solar parks that are grid-connected.

The company has an active project portfolio with a total capacity of 20,434 MW. AGEL is an integral element of the Adani Group's objective i.e. to make India's future brighter, cleaner, and greener. The company is also driven by the philosophy of "Growth with Goodness". While the electricity that is generated by AGEL projects are provided to governmental institutions on both the federal and state levels, as well as enterprises backed by the government.

AGEL has signed 25-year Power Purchase Agreements (PPAs) with central and state government entities. The Company uses cutting-edge technology in its projects. AGEL is driving India's renewable energy journey with a portfolio of 54 operational projects and 12 under construction

History of Adani Green Energy Limited

2015 Adani Green Energy Limited was incorporated on 23rd January 2015.

2016 Madhya Pradesh's 12 MW wind power project was commissioned in 2016.

2018 Adani Green Energy Limited ('AGEL') won the tender for a 300 MW wind energy project.

2019 Adani Green Energy signs an agreement to purchase 205 MW of solar assets in 2019.

2020 According to Mercom Capital's latest rankings of global solar companies, Adani Group became the world's largest solar power generation asset owner in terms of operating, under construction, and awarded solar projects.

2021 Adani Green is named Global Sponsor of the Year in 2021.
Adani enters into the World's Largest Green PPA with SECI.
 

Adani Green Energy FAQs

What is Share Price of Adani Green Energy ?

Adani Green Energy share price is ₹1990 As on 28 November, 2022 | 16:16

What is the Market Cap of Adani Green Energy ?

The Market Cap of Adani Green Energy is ₹315333.3 Cr As on 28 November, 2022 | 16:16

What is the P/E ratio of Adani Green Energy ?

The P/E ratio of Adani Green Energy is 591.6 As on 28 November, 2022 | 16:16

What is the PB ratio of Adani Green Energy ?

The PB ratio of Adani Green Energy is 265 As on 28 November, 2022 | 16:16

Is Adani Green Energy a good investment?

Adani Green Energy has an operating revenue of Rs.4,006.65 Cr. on a trailing 12-month basis. Annual revenue growth of 37% is outstanding, Pre-tax margin of 6% is okay. Adani Green Energy has a high debt to equity of 2293%, which can be a reason to worry.

What is the stock price CAGR of Adani Green Energy?

The stock price CAGR of Adani Green Energy for 3 Years is 231% and for 1 Year is 49%.

What is the ROE of Adani Green Energy?

The ROE of Adani Green Energy is 24% which is exceptional.

Who is the CEO of Adani Green Energy?

Mr. Vneet S. Jaain is the Managing Director and CEO of Adani Green Energy Limited. He has been associated with the Adani Group for over 15 years.

How many times has Adani Green Energy given dividends?

Adani Green Energy Ltd. has not given any dividends since Jan 1, 2000.

Who is the largest competitor of Adani Green?

KPI Green Energy ltd. is usually compared with Adani Green by the investors

How to buy Adani Green Energy Shares?

The company's shares can be bought online or offline by opening a Demat account with 5Paisa and verifying the KYC documents.

Is Adani Energy a good buy?

Adani Green Energy is currently said to be overvalued. The fundamentals of the company are whatsoever not very strong. However, the demand for the stock is still high. If your risk appetite is high you may consider investing in this stock.  

What was the company's most recent reported net income?

It recorded a total sales of Rs. 5,133 crores in FY22,while its reported net profit was Rs. 489 crores during the same period.

Q2FY23