ADANIGREEN

Adani Green Energy Share Price

₹1,875.75
+ 12.45 (0.67%)
09 September, 2024 09:59 BSE: 541450 NSE: ADANIGREEN ISIN: INE364U01010

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Adani Green Energy Performance

Day Range

  • Low 1,822
  • High 1,883
₹ 1,875

52 Week Range

  • Low 816
  • High 2,174
₹ 1,875
  • Open Price1,865
  • Previous Close1,863
  • Volume194582

Adani Green Energy Chart

  • Over 1 Month + 4.79%
  • Over 3 Month -0.05%
  • Over 6 Month -3.41%
  • Over 1 Year + 86.11%

Adani Green Energy Key Statistics

P/E Ratio 242.7
PEG Ratio 18.5
Market Cap Cr
Price to Book Ratio 18.5
EPS -2.9
Dividend 0
Relative Strength Index 50.54
Money Flow Index 64.68
MACD Signal 23.26
Average True Range 64.08

Adani Green Energy Investment Rating

  • Master Rating:
  • Adani Green Energy has an operating revenue of Rs. 9,892.00 Cr. on a trailing 12-month basis. An annual revenue growth of 21% is outstanding, Pre-tax margin of 15% is great, ROE of 13% is good. The company has a high debt to equity of 482%, which can be a reason to worry. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 8% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 5% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 88 which is a GOOD score indicating consistency in earnings, a RS Rating of 48 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 115 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 remained stable in the last reported quarter. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Adani Green Energy Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 3,3837,3042,0891,9176911,632
Operating Expenses Qtr Cr 3,2197,1411,9841,9187061,531
Operating Profit Qtr Cr 164163105-1-15101
Depreciation Qtr Cr 121041333
Interest Qtr Cr 481470377364310409
Tax Qtr Cr 148101819-4
Net Profit Qtr Cr -89-195113-259-205-240
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 12,9278,409
Operating Expenses Annual Cr 11,7967,772
Operating Profit Annual in Cr 205-143
Depreciation Cr 3011
Interest Annual Cr 1,521892
Tax Annual Cr 55-5
Net Profit Annual Cr -546-328
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -2,4825,003
Cash from Investing Activity Annual Cr -7,393-2,491
Cash from Financing Annual Activity Cr 9,754-2,013
Net Cash Flow Annual Cr -121499
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 6,7494,907
Fixed Assets Annual Cr 1,094999
Total Non Current Assets Annual Cr 27,53624,720
Total Current Assets Annual Cr 13,8473,944
Total Assets Annual Cr 41,38328,664
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 4331
ROE Annual % -8-7
ROCE Annual % 53
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 98
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 2,8342,5272,3112,2202,1762,598
Operating Expenses Qtr Cr 41467664552195334
Operating Profit Qtr Cr 2,4201,8511,6661,6992,0812,264
Depreciation Qtr Cr 593497481474451392
Interest Qtr Cr 1,4401,2061,2421,1651,3931,338
Tax Qtr Cr 1798268119142307
Net Profit Qtr Cr 446150256372322508
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 10,4608,633
Operating Expenses Annual Cr 1,9232,861
Operating Profit Annual in Cr 7,2974,931
Depreciation Cr 1,9031,300
Interest Annual Cr 5,0062,911
Tax Annual Cr 411453
Net Profit Annual Cr 1,100974
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 7,7137,265
Cash from Investing Activity Annual Cr -21,060-3,857
Cash from Financing Annual Activity Cr 13,953-2,973
Net Cash Flow Annual Cr 606435
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 8,4105,880
Fixed Assets Annual Cr 68,70853,624
Total Non Current Assets Annual Cr 74,67559,553
Total Current Assets Annual Cr 13,8637,808
Total Assets Annual Cr 88,53867,361
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 10137
ROE Annual % 1317
ROCE Annual % 118
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 9374

Adani Green Energy Technicals

EMA & SMA

Current Price
₹1,875.75
+ 12.45 (0.67%)
pointer
  • Bullish Moving Average
  • ___
  • 9
  • Bearish Moving Average
  • ___
  • 7
  • 20 Day
  • ₹1,869.07
  • 50 Day
  • ₹1,839.35
  • 100 Day
  • ₹1,805.99
  • 200 Day
  • ₹1,701.62
  • 20 Day
  • ₹1,870.38
  • 50 Day
  • ₹1,814.37
  • 100 Day
  • ₹1,816.76
  • 200 Day
  • ₹1,742.53

Adani Green Energy Resistance and Support

PIVOT
₹1,881.69
Resistance
First Resistance 1,911.07
Second Resistance 1,958.83
Third Resistance 1,988.22
RSI 50.54
MFI 64.68
MACD Single Line 23.26
MACD 21.45
Support
First Support 1,833.92
Second Support 1,804.53
Third Supoort 1,756.77

Adani Green Energy Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 850,677 34,928,798 41.06
Week 1,282,534 50,147,095 39.1
1 Month 1,143,811 46,015,528 40.23
6 Month 1,649,824 80,412,409 48.74

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. 12001.00 Cr. and Equity Capital is Rs. 1584.00 Cr. for the Year ended 31/03/2024. 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 295,153
Sales 14,693
Shares in Float 66.53
No of funds 647
Yield
Book Value 43.73
U/D Vol ratio 1.9
LTDebt / Equity 157
Alpha 0.05
Beta 2.07

Adani Green Energy Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 57.52%56.37%56.37%56.26%
Mutual Funds 0.1%0.19%0.14%0.13%
Insurance Companies 1.36%1.36%1.36%1.36%
Foreign Portfolio Investors 16.91%18.15%18.03%18.16%
Financial Institutions/ Banks
Individual Investors 2.55%2.42%2.58%2.62%
Others 21.56%21.51%21.52%21.47%

Adani Green Energy Management

Name Designation
Mr. Gautam S Adani Chairman
Mr. Vneet S Jaain Managing Director
Mr. Sagar R Adani Executive Director
Mr. Sangkaran Ratnam Non Exe. & Nominee Director
Mr. Dinesh Hasmukhrai Kanabar Ind. Non-Executive Director
Mr. Raminder Singh Gujral Ind. Non-Executive Director
Mr. Romesh Sobti Ind. Non-Executive Director
Mrs. Neera Saggi Ind. Non-Executive Director
Dr. Anup Shah Ind. Non-Executive Director
Mr. Rajesh S Adani 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
2024-07-25 Quarterly Results
2024-05-03 Audited Results
2024-01-29 Quarterly Results
2023-12-26 Preferential issue of shares
2023-10-30 Quarterly Results

About Adani Green Energy

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

Adani Green Energy FAQs

What is Share Price of Adani Green Energy ?

Adani Green Energy share price is ₹1,875 As on 09 September, 2024 | 09:45

What is the Market Cap of Adani Green Energy ?

The Market Cap of Adani Green Energy is ₹297124.9 Cr As on 09 September, 2024 | 09:45

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

The P/E ratio of Adani Green Energy is 242.7 As on 09 September, 2024 | 09:45

What is the PB ratio of Adani Green Energy ?

The PB ratio of Adani Green Energy is 18.5 As on 09 September, 2024 | 09:45

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 ₹ 5,133 crores in FY22, while its reported net profit was ₹ 489 crores during the same period.

Q2FY23
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