ADANIGREEN

Adani Green Energy Share Price Adani Green Energy

₹1,670.00
-44.75 (-2.61%)
13 May, 2024 12:57 BSE: 541450 NSE: ADANIGREENISIN: INE364U01010

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Adani Green Energy Performance

Day Range

  • Low 1,660
  • High 1,728
₹ 1,670

52 Week Range

  • Low 816
  • High 2,019
₹ 1,670
  • Open Price1,710
  • Previous Close1,715
  • Volume2028770

Adani Green Energy Share Price

  • Over 1 Month -11.29%
  • Over 3 Month -9.3%
  • Over 6 Month +76.27%
  • Over 1 Year +86.61%

Adani Green Energy Key Statistics

P/E Ratio 240.5
PEG Ratio 18.6
Market Cap Cr 264,533
Price to Book Ratio 15.2
EPS -3
Dividend 0
Relative Strength Index 36.03
Money Flow Index 37.3
MACD Signal -24.15
Average True Range 61.7
Adani Green Energy Financials
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 7,3042,0891,9176911,632
Operating Expenses Qtr Cr 7,1411,9841,9187061,531
Operating Profit Qtr Cr 163105-1-15101
Depreciation Qtr Cr 1041333
Interest Qtr Cr 470377364310409
Tax Qtr Cr 8101819-4
Net Profit Qtr Cr -195113-259-205-240
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 12,8718,409
Operating Expenses Annual Cr 11,7407,772
Operating Profit Annual in Cr 261-143
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 499
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 7,4984,907
Fixed Assets Annual Cr 1,094999
Total Non Current Assets Annual Cr 27,47924,720
Total Current Assets Annual Cr 13,9043,944
Total Assets Annual Cr 41,38328,664
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 4731
ROE Annual % -7-7
ROCE Annual % 53
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 98
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 2,5272,3112,2202,1762,598
Operating Expenses Qtr Cr 67664552195334
Operating Profit Qtr Cr 1,8511,6661,6992,0812,264
Depreciation Qtr Cr 497481474451392
Interest Qtr Cr 1,2061,2421,1651,3931,338
Tax Qtr Cr 8268119142307
Net Profit Qtr Cr 150256372322508
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 435
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 9,8345,880
Fixed Assets Annual Cr 68,70853,624
Total Non Current Assets Annual Cr 74,50759,553
Total Current Assets Annual Cr 14,0317,808
Total Assets Annual Cr 88,53867,361
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 11037
ROE Annual % 1117
ROCE Annual % 118
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 9374

Adani Green Energy Technicals

EMA & SMA

Current Price
₹1,670.00
-44.75 (-2.61%)
pointer
  • Bullish Moving Average
  • ___
  • 3
  • Bearish Moving Average
  • ___
  • 13
  • 20 Day
  • ₹1,788.86
  • 50 Day
  • ₹1,802.63
  • 100 Day
  • ₹1,705.77
  • 200 Day
  • ₹1,543.21
  • 20 Day
  • ₹1,794.26
  • 50 Day
  • ₹1,854.36
  • 100 Day
  • ₹1,775.70
  • 200 Day
  • ₹1,394.17

Adani Green Energy Resistance and Support

PIVOT
₹1,724.27
Resistance
First Resistance 1,748.48
Second Resistance 1,782.22
Third Resistance 1,806.43
RSI 36.03
MFI 37.30
MACD Single Line -24.15
MACD -32.34
Support
First Resistance 1,690.53
Second Resistance 1,666.32
Third Resistance 1,632.58

Adani Green Energy Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 2,333,304 141,234,891 60.53
Week 878,275 49,578,635 56.45
1 Month 666,821 36,094,995 54.13
6 Month 2,093,010 80,162,291 38.3

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. 7629.00 Cr. and Equity Capital is Rs. 1584.00 Cr. for the Year ended 31/03/2023. 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 271,622
Sales 12,001
Shares in Float 69.70
No of funds 647
Yield
Book Value 36.22
U/D Vol ratio 1.1
LTDebt / Equity 142
Alpha 0.07
Beta 1.87

Adani Green Energy

Owner NameMar-24Dec-23Sep-23Jun-23
Promoters 56.37%56.37%56.26%56.27%
Mutual Funds 0.19%0.14%0.13%0.11%
Insurance Companies 1.36%1.36%1.36%1.36%
Foreign Portfolio Investors 18.15%18.03%18.16%18.25%
Financial Institutions/ Banks
Individual Investors 2.42%2.58%2.62%2.59%
Others 21.51%21.52%21.47%21.42%

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 Director
Mr. Dinesh Hasmukhrai Kanabar Independent Director
Mr. Raminder Singh Gujral Independent Director
Mr. Romesh Sobti Independent Director
Mrs. Ahlem Friga-Noy Nominee 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
2024-05-03 Audited Results
2024-01-29 Quarterly Results
2023-12-26 Preferential issue of shares
2023-10-30 Quarterly Results
2023-07-31 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 ₹1,670 As on 13 May, 2024 | 12:43

What is the Market Cap of Adani Green Energy ?

The Market Cap of Adani Green Energy is ₹264533.4 Cr As on 13 May, 2024 | 12:43

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

The P/E ratio of Adani Green Energy is 240.5 As on 13 May, 2024 | 12:43

What is the PB ratio of Adani Green Energy ?

The PB ratio of Adani Green Energy is 15.2 As on 13 May, 2024 | 12:43

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