Adani Green Energy Share Price
Start SIP in Adani Green Energy
Start SIPAdani Green Energy Performance
Day Range
- Low 1,750
- High 1,784
52 Week Range
- Low 816
- High 2,174
- Open Price1,777
- Previous Close1,775
- Volume335436
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 below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -10% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 89 which is a GOOD score indicating consistency in earnings, a RS Rating of 56 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 111 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 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
Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 3,383 | 7,304 | 2,089 | 1,917 | 691 | 1,632 |
Operating Expenses Qtr Cr | 3,219 | 7,141 | 1,984 | 1,918 | 706 | 1,531 |
Operating Profit Qtr Cr | 164 | 163 | 105 | -1 | -15 | 101 |
Depreciation Qtr Cr | 12 | 10 | 4 | 13 | 3 | 3 |
Interest Qtr Cr | 481 | 470 | 377 | 364 | 310 | 409 |
Tax Qtr Cr | 14 | 8 | 10 | 18 | 19 | -4 |
Net Profit Qtr Cr | -89 | -195 | 113 | -259 | -205 | -240 |
Adani Green Energy Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 1
- Bearish Moving Average
- ___
- 15
- 20 Day
- ₹1,856.36
- 50 Day
- ₹1,863.74
- 100 Day
- ₹1,836.79
- 200 Day
- ₹1,742.63
- 20 Day
- ₹1,905.33
- 50 Day
- ₹1,871.89
- 100 Day
- ₹1,841.07
- 200 Day
- ₹1,818.96
Adani Green Energy Resistance and Support
Resistance | |
---|---|
First Resistance | 1,798.12 |
Second Resistance | 1,820.88 |
Third Resistance | 1,837.42 |
RSI | 39.19 |
MFI | 41.71 |
MACD Single Line | -11.56 |
MACD | -32.22 |
Support | |
---|---|
First Support | 1,758.82 |
Second Support | 1,742.28 |
Third Supoort | 1,719.52 |
Adani Green Energy Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 398,243 | 21,106,879 | 53 |
Week | 601,652 | 24,932,459 | 41.44 |
1 Month | 2,172,029 | 106,451,124 | 49.01 |
6 Month | 1,842,012 | 90,019,116 | 48.87 |
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 | 281,221 |
Sales | 14,693 |
Shares in Float | 61.78 |
No of funds | 681 |
Yield |
Book Value | 41.67 |
U/D Vol ratio | 1.6 |
LTDebt / Equity | 157 |
Alpha | 0.04 |
Beta | 2.09 |
Adani Green Energy Shareholding Pattern
Owner Name | Sep-24 | Jun-24 | Mar-24 | Dec-23 |
---|---|---|---|---|
Promoters | 60.94% | 57.52% | 56.37% | 56.37% |
Mutual Funds | 0.09% | 0.1% | 0.19% | 0.14% |
Insurance Companies | 1.36% | 1.36% | 1.36% | 1.36% |
Foreign Portfolio Investors | 15.16% | 16.91% | 18.15% | 18.03% |
Financial Institutions/ Banks | ||||
Individual Investors | 2.16% | 2.55% | 2.42% | 2.58% |
Others | 20.29% | 21.56% | 21.51% | 21.52% |
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
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 FAQs
What is Share Price of Adani Green Energy ?
Adani Green Energy share price is ₹1,763 As on 15 October, 2024 | 19:12
What is the Market Cap of Adani Green Energy ?
The Market Cap of Adani Green Energy is ₹279264.9 Cr As on 15 October, 2024 | 19:12
What is the P/E ratio of Adani Green Energy ?
The P/E ratio of Adani Green Energy is 228.2 As on 15 October, 2024 | 19:12
What is the PB ratio of Adani Green Energy ?
The PB ratio of Adani Green Energy is 17.4 As on 15 October, 2024 | 19:12
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.
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.