Adani Green Energy share price: The company, which is a part of billionaire Gautam Adani's ports-to-power conglomerate, recently recorded a strong jump in its quarterly profit. Adani Green said its third-quarter (Q3 FY24) profit more than doubled from a year earlier, helped by robust power sales to customers and higher capacity utilisation.
Adani Green share price: The stock has surged more than 63 per cent in a month but has slipped 19 per cent on a year-to-date (YTD) basis. On technical charts, support on the counter could be seen at Rs 1,450 and resistance may be found above Rs 1,700 level.
Adani Green Energy share price: The stock soared 19.11 per cent to hit a day high of Rs 1,605.65. At this price, the scrip has gained 56.41 per cent in three days. Despite the said rise, the counter was down 26.53 per cent from its one-year high of Rs 2,185.30, a level seen earlier on January 18 this year.
Adani Green Energy has an operational capacity of 8,316 MW as of September 30. It continues to own the largest operating renewable energy portfolio in the country.
Adani Green Energy share price: On BSE, around 8.23 lakh shares were last seen changing hands today. The figure was way more than the two-week average volume of 1.58 lakh shares. Turnover on the counter came at Rs 92.13 crore. At this price, the company commanded a market capitalisation (m-cap) of Rs 1,78,203.65 crore.