Adani Green Energy Share Price
Adani Green Energy's subsidiary, Adani Renewable Energy Fifty Nine, has signed power purchase agreements (PPAs) with the Solar Energy Corporation of India (SECI) to supply 534 MW of solar power projects. This development increases AGEL's total renewable energy project capacity to 21,778 MWac. AGEL, part of the Adani Group, holds one of the world's largest renewable portfolios, with 20.4 GW spanning operating, under-construction, and awarded projects in both solar and wind energy sectors.
Read more... Adani Energy Solutions Ltd reported a 27.22% year-over-year increase in revenue, reaching ₹4,910.78 crore in Q4 2023-2024, with a quarterly growth of 1.79%. However, the company's net profit decreased by 7.19% year-over-year to ₹361.44 crore, despite a quarterly increase of 11.25%. Net profit margin also declined by 27.05% year-over-year to 7.36%, although it saw a 9.29% quarterly improvement.
Adani Green Energy has 1.36% mutual fund holdings and 18.15% foreign institutional investor (FII) holdings, rising slightly from 18.03% in December. The company's return on equity (ROE) for the past fiscal year was 12.84%, with a return on investment (ROI) of 1.72%. Adani Green Energy reported a 70.98% EPS growth and a 43.44% revenue growth over the past three years, with a recent revenue report of ₹92,200 crore. Read less