Adani Green Energy
Adani Green Energy Performance
Day Range
- Low 1,475.00
- High 1,579.00
52 Week Range
- Low 439.10
- High 2,185.00
- Open Price1,554.40
- Previous Close1,550.30
- Volume2705685
Start SIP in Adani Green Energy
Start SIPAdani Green Energy Investment Rating
-
Master Rating:
-
Adani Green Energy has an operating revenue of Rs. 8,967.00 Cr. on a trailing 12-month basis. An annual revenue growth of 55% is outstanding, Pre-tax margin of 18% is great, ROE of 16% is good. The company has a high debt to equity of 827%, which can be a reason to worry. The stock from a technical standpoint is comfortably placed above its key moving averages, around 56% and 65% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 29% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 98 which is a GREAT score indicating consistency in earnings, a RS Rating of 76 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 21 indicates it belongs to a strong industry group of Energy-Alternative/Other and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative 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 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 1,917 | 691 | 1,632 | 918 | 2,912 | 2,167 | 2,109 |
Operating Expenses Qtr Cr | 1,918 | 706 | 1,531 | 955 | 2,978 | 2,308 | 2,098 |
Operating Profit Qtr Cr | -1 | -15 | 101 | -37 | -66 | -141 | 11 |
Depreciation Qtr Cr | 13 | 3 | 3 | 3 | 3 | 2 | 2 |
Interest Qtr Cr | 364 | 310 | 409 | 222 | 154 | 107 | 288 |
Tax Qtr Cr | 18 | 19 | -4 | -1 | 0 | 0 | -54 |
Net Profit Qtr Cr | -259 | -205 | -240 | -127 | -93 | 132 | -116 |
Adani Green Energy Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹1,196.64
- 50 Day
- ₹1,064.73
- 100 Day
- ₹1,027.88
- 200 Day
- ₹1,101.59
- 20 Day
- ₹1,112.08
- 50 Day
- ₹1,003.73
- 100 Day
- ₹1,003.26
- 200 Day
- ₹938.93
Adani Green Energy Resistance and Support
Resistance | |
---|---|
First Resistance | 1,581.00 |
Second Resistance | 1,632.00 |
Third Resistance | 1,685.00 |
RSI | 79.88 |
MFI | 85.03 |
MACD Single Line | 88.49 |
MACD | 153.99 |
Support | |
---|---|
First Resistance | 1,477.00 |
Second Resistance | 1,424.00 |
Third Resistance | 1,373.00 |
Adani Green Energy Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 3,088,526 | 116,035,922 | 37.57 |
Week | 12,024,639 | 326,829,683 | 27.18 |
1 Month | 4,803,361 | 132,044,402 | 27.49 |
6 Month | 3,462,357 | 188,352,208 | 54.4 |
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 | 242,357 |
Sales | 5,158 |
Shares in Float | 69.70 |
No of funds | 608 |
Yield |
Book Value | 49.39 |
U/D Vol ratio | 1.5 |
LTDebt / Equity | 226 |
Alpha | -0.06 |
Beta | 1.84 |
Adani Green Energy
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 56.26% | 56.27% | 57.26% | 60.75% |
Mutual Funds | 0.13% | 0.11% | 0.09% | 0.12% |
Insurance Companies | 1.36% | 1.36% | 1.36% | 1.28% |
Foreign Portfolio Investors | 18.16% | 18.25% | 17.13% | 15.14% |
Financial Institutions/ Banks | ||||
Individual Investors | 2.62% | 2.59% | 2.78% | 1.44% |
Others | 21.47% | 21.42% | 21.38% | 21.27% |
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
Adani Green Energy Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-10-30 | Quarterly Results | |
2023-07-31 | Quarterly Results | |
2023-07-06 | Preferential Issue of shares | |
2023-05-24 | Preferential issue of shares | (Revised) |
2023-05-01 | Audited Results |
About Adani Green Energy
Adani Green Energy FAQs
What is Share Price of Adani Green Energy ?
Adani Green Energy share price is ₹1,530 As on 12 December, 2023 | 04:11
What is the Market Cap of Adani Green Energy ?
The Market Cap of Adani Green Energy is ₹242357 Cr As on 12 December, 2023 | 04:11
What is the P/E ratio of Adani Green Energy ?
The P/E ratio of Adani Green Energy is 185.7 As on 12 December, 2023 | 04:11
What is the PB ratio of Adani Green Energy ?
The PB ratio of Adani Green Energy is 40.9 As on 12 December, 2023 | 04:11
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.