# ADANIGREEN (ADANIGREEN) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/adanigreen

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,316.4
- Change: +3.31%
- As of: 2026-09-18
- 1D return: +4.73%
- 5D return: +2.72%
- 1M return: +2.51%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, ADANIGREEN is trading at ₹1334.5, exhibiting a mixed technical stance across different timeframes. The daily timeframe shows a bearish Super Trend signal, with the price below the Super Trend level of ₹1367.06 and moving averages such as the 50-day SMA (₹1365.01) and 50-day EMA (₹1338.07) also indicating downward pressure. However, the weekly and monthly timeframes present a bullish picture, with the Super Trend in a bullish direction on both, and the price trading above key moving averages like the 20-day EMA on the monthly chart (₹1139.13) and 20-day EMA on the weekly chart (₹1330.79). This divergence suggests potential short-term weakness within a broader longer-term uptrend. The stock is currently positioned near its nearest support level of ₹1319.13, which is approximately 1.15% below the current price. The nearest resistance is observed at ₹1427.0, about 6.93% higher.

Recent market activity shows a relatively low number of events over the past 30 days, with one downside event, one neutral event, and one positive attention event. The stock's volatility is notable, with an annualized volatility of 43% and a current drawdown of -17%. The maximum drawdown observed was -33%. The presence of an active 'Inside Bar' pattern on the monthly chart and a 'Morning Star' pattern on the weekly chart indicate potential consolidation and a possible shift in momentum, respectively.

Key watch conditions include monitoring the price action around the ₹1319.13 support level. A break below this could signal further downside, potentially testing lower support levels. Conversely, a sustained move above the nearest resistance at ₹1427.0, supported by increasing volume, could indicate a strengthening of the bullish trend observed on longer timeframes. The divergence between daily and longer-term trends warrants close observation for confirmation of a directional move.

- The stock closed at ₹1334.5 on September 18, 2026.
- Nearest support is at ₹1319.13 (1.15% below current price).
- Nearest resistance is at ₹1427.0 (6.93% above current price).
- Daily trend shows a bearish Super Trend signal, while weekly and monthly trends are bullish.
- Watch for a break below ₹1319.13 support or a sustained move above ₹1427.0 resistance.

- Inside Bar
- Morning Star
- Harami
- Doji

### News Context

Jefferies has provided updated views on several Adani Group companies, including Adani Green Energy. The brokerage firm anticipates a potential 69% upside for Adani Green Energy shares, despite a current short-term correction. This outlook is supported by the company's progress towards a 50 GW target and its capacity additions projected for FY27. Jefferies also noted the company's focus on pumped storage projects and its long-term power purchase agreements. The firm's analysis also included comparisons with JSW Energy's valuation and considered metrics such as net debt to EBITDA for Adani Green Energy. Separately, Jefferies also shared target prices for Adani Power, Adani Ports, and Adani Energy.

- On September 18, 2026, Jefferies indicated an expected 69% upside for Adani Green Energy shares.
- Jefferies' outlook for Adani Green Energy is linked to its 50 GW target and projected FY27 capacity additions.
- The brokerage firm's assessment of Adani Green Energy considers pumped storage projects and long-term power purchase agreements.
- Jefferies also shared target prices for Adani Power, Adani Ports, and Adani Energy on September 18, 2026.

- Adani Power, Adani Green, Adani Ports, Adani Energy: Jefferies shares target prices
- Adani Green Energy: Jefferies expects 69% upside amid short-term correction

### What Changed

As of September 18, 2026, Adani Green Energy's stock has seen a recent increase, trading at ₹1334.5 compared to its previous price of ₹1274.2. Recent news highlights external analyst views, with Jefferies suggesting a potential 69% upside for Adani Green Energy shares amid a short-term correction. This outlook is supported by Jefferies' expectations for significant capacity additions, including a 50 GW target by FY27, progress at the Khavda renewable park, and advancements in battery energy storage systems and pumped storage projects. These developments are viewed within the context of long-term power purchase agreements and the company's net debt to EBITDA ratio.

- On September 18, 2026, Adani Green Energy traded at ₹1334.5, up from ₹1274.2.
- Jefferies has indicated a potential 69% upside for Adani Green Energy shares, citing a short-term correction.
- Jefferies' outlook is linked to Adani Green Energy's target of 50 GW capacity by FY27.
- Developments mentioned include the Khavda renewable park, battery energy storage systems, and pumped storage projects.
- The company's financial metrics, such as net debt to EBITDA, are part of the analyst's valuation considerations.

- Adani Power, Adani Green, Adani Ports, Adani Energy: Jefferies shares target prices
- Adani Green Energy: Jefferies expects 69% upside amid short-term correction

### Official Filings

Adani Green Energy Limited (AGEL) has provided updates on its operational capacity and governance. On September 1, 2026, a subsidiary operationalized a 139 MW solar power project in Khavda, Gujarat. This development increased AGEL's total operational renewable generation capacity to 20,280.80 MW and its operational Battery Energy Storage System (BESS) capacity to 3,551 MWh. In terms of governance, AGEL held an Extraordinary General Meeting (EGM) on September 3, 2026, where shareholders overwhelmingly approved the re-appointment of three Independent Directors for new five-year terms. Mr. Romesh Sobti's re-appointment is effective September 20, 2026, while Mrs. Neera Saggi and Dr. Anup Shah's re-appointments are effective September 7, 2026. Separately, disclosures on August 11, 2026, addressed legal proceedings involving individuals associated with the Adani Group. AGEL was explicitly stated not to be a party to a civil complaint in the US Eastern District of New York, which resulted in consent judgments against Gautam Adani and Sagar Adani for civil penalties, with no material adverse impact on AGEL's operations. Additionally, the same court dismissed a criminal indictment against Gautam S. Adani, Sagar R. Adani, and Vneet S. Jaain with prejudice, with AGEL also not being a party to this proceeding and facing no charges.

- On September 1, 2026, AGEL's subsidiary operationalized a 139 MW solar project, bringing total operational renewable capacity to 20,280.80 MW and BESS capacity to 3,551 MWh.
- On September 3, 2026, shareholders approved re-appointments of Mr. Romesh Sobti (effective September 20, 2026), Mrs. Neera Saggi (effective September 7, 2026), and Dr. Anup Shah (effective September 7, 2026) as Independent Directors for five-year terms.
- On August 10, 2026, a US court dismissed criminal indictments against Gautam S. Adani, Sagar R. Adani, and Vneet S. Jaain with prejudice; AGEL was not a party and faced no charges.
- On August 10, 2026, AGEL was stated not to be a party to a civil complaint in a US court, which imposed penalties on Gautam Adani and Sagar Adani, with no material adverse impact on AGEL's operations.

- Adani Green Energy Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Adani Green Energy Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on September 03, 2026 |SUBJECT: Shareholders meeting
- MEETING DATE : 03-SEP-2026
- Adani Green Energy Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on September 03, 2026. Further, the company has informed the Exchange regarding voting results. |SUBJECT: Shareholders meeting
- Adani Green Energy Limited has informed the Exchange regarding 'Operationalisation ofProject'. |SUBJECT: Updates
- Adani Green Energy Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Adani Green Energy Limited has informed the Exchange about General Updates |SUBJECT: General Updates
- Adani Green Energy Limited has informed the Exchange about Newspaper Publication for Notice of Extra Ordinary General Meeting |SUBJECT: Copy of Newspaper Publication
- Adani Green Energy Limited has informed the Exchange about Notice of Shareholders Meeting for Extra-ordinary Meeting to be held on 03-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL

### Fundamentals

Adani Green's reported results show a notable increase in revenue from operations, rising from ₹2,618 crore in Q3 FY2025-26 to ₹4,431 crore in Q1 FY2026-27. This top-line growth has been accompanied by a significant improvement in profitability. Income grew from ₹2,837 crore in Q3 FY2025-26 to ₹4,663 crore in Q1 FY2026-27. The company has moved from a loss before exceptional items and tax of ₹124 crore in Q3 FY2025-26 to a profit of ₹1,190 crore in Q1 FY2026-27, indicating improved operating leverage. Finance costs, however, have also increased over the same period, from ₹1,698 crore to ₹2,001 crore, and other expenses have seen a moderate rise from ₹328 crore to ₹389 crore. Total expenses have also trended upwards, from ₹2,961 crore to ₹3,473 crore, but at a slower pace than revenue growth, contributing to the enhanced profit before tax.

- Revenue from operations increased sequentially from ₹2,618 crore in Q3 FY2025-26 to ₹4,431 crore in Q1 FY2026-27.
- Income followed a similar upward trend, growing from ₹2,837 crore in Q3 FY2025-26 to ₹4,663 crore in Q1 FY2026-27.
- The company reported a profit before exceptional items and tax of ₹1,190 crore in Q1 FY2026-27, a significant improvement from a loss of ₹124 crore in Q3 FY2025-26.
- Finance costs rose from ₹1,698 crore in Q3 FY2025-26 to ₹2,001 crore in Q1 FY2026-27.
- Other expenses increased from ₹328 crore in Q3 FY2025-26 to ₹389 crore in Q1 FY2026-27.

### Bull Case

The company's monthly technical trend indicates a bullish setup, with the Supertrend indicator at 846.15 and the 20-day Exponential Moving Average (EMA) at 1139.13. This suggests a potentially positive long-term outlook based on these technical indicators. Additionally, the company has demonstrated significant returns over various periods, including a 36% return over the last year and a 30% year-to-date return as of September 18, 2026. A recent news summary from Jefferies noted expectations of a 69% upside for Adani Green Energy, citing factors such as a 50 GW target for capacity addition by FY27 and the development of pumped storage projects, alongside long-term power purchase agreements.

- Monthly technical trend shows a bullish Supertrend at 846.15 and 20-day EMA at 1139.13 as of September 18, 2026.
- The company achieved a 36% return in the last year and a 30% year-to-date return.
- Jefferies has projected a potential 69% upside, referencing a 50 GW capacity target by FY27 and ongoing pumped storage projects.

- Adani Power, Adani Green, Adani Ports, Adani Energy: Jefferies shares target prices
- Adani Green Energy: Jefferies expects 69% upside amid short-term correction

### Bear Case

The company's stock is exhibiting signs of technical weakness on a daily basis, with key moving averages trending downwards and the Supertrend indicator signaling a bearish direction. While the monthly trend shows a bullish Supertrend, the recent daily performance suggests potential short-term headwinds. The stock has also experienced a notable drawdown from its recent highs, indicating increased volatility and risk. External analysts, such as Jefferies, have noted the stock's performance in the context of potential upside, but also acknowledge short-term corrections.

- The daily Supertrend indicator is currently in a bearish direction as of 2026-09-18.
- The 5-day slope for the 20-day and 50-day Simple Moving Averages (SMA) are negative, indicating a downward trend: SMA 20 slope is -8.16 and SMA 50 slope is -24.01.
- The stock has a current drawdown of -17%, with a maximum drawdown observed at -33%.
- Jefferies has commented on Adani Green Energy's stock, mentioning short-term corrections alongside expectations of future upside.

- Adani Power, Adani Green, Adani Ports, Adani Energy: Jefferies shares target prices
- Adani Green Energy: Jefferies expects 69% upside amid short-term correction

### FAQs

**What was the company's operational capacity as of September 1, 2026?**

As of September 1, 2026, Adani Green Energy Limited's total operational renewable generation capacity reached 20,280.80 MW, with an additional 3,551 MWh of operational battery energy storage system (BESS) capacity. This update followed the operationalization of a 139 MW solar power project by its subsidiary at Khavda, Gujarat.

**What were the outcomes of the Extraordinary General Meeting held on September 3, 2026?**

During the Extraordinary General Meeting on September 3, 2026, shareholders overwhelmingly approved the re-appointment of three Independent Directors. Mr. Romesh Sobti's re-appointment, effective September 20, 2026, received 99.83% of the votes in favor. Mrs. Neera Saggi and Dr. Anup Shah were re-appointed for five-year terms starting September 7, 2026, with 99.40% and 99.97% of votes in favor, respectively.

**What is the company's recent performance over different timeframes?**

As of September 18, 2026, Adani Green Energy Limited has shown varied returns across different periods. Year-to-date (YTD) return was 30%, while the return over the last 6 months was 50%. The return over the last year stood at 36%. However, the return over the last 3 months was -11%.

**What are the key technical indicators suggesting about the stock's trend?**

On a daily basis, technical indicators suggest a bearish trend, with the Supertrend indicator at 1367.06 and a bearish direction. However, on a monthly basis, the Supertrend indicator is 846.15 with a bullish direction, indicating a bullish trend over the longer term. The weekly trend shows a Supertrend of 1249.02 in a bullish direction.

- Adani Power, Adani Green, Adani Ports, Adani Energy: Jefferies shares target prices
- Adani Green Energy: Jefferies expects 69% upside amid short-term correction
- Adani Green Energy Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Adani Green Energy Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on September 03, 2026 |SUBJECT: Shareholders meeting
- MEETING DATE : 03-SEP-2026
- Adani Green Energy Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on September 03, 2026. Further, the company has informed the Exchange regarding voting results. |SUBJECT: Shareholders meeting
- Adani Green Energy Limited has informed the Exchange regarding 'Operationalisation ofProject'. |SUBJECT: Updates
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹1,275.57
- Risk regime: Price Risk Requires Attention

### Support levels
- 1286.25
- 1209.225
- 982.3777099609375

### Resistance levels
- 1427
- 1473.1
- 1547.825

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +4.73% |
| return_10 | +3.98% |
| return_1m | +2.03% |
| return_1y | +36.33% |
| return_20 | +2.51% |
| return_3m | -11.43% |
| return_5 | +2.72% |
| return_6m | +49.73% |
| return_since_start | +27.53% |
| return_ytd | +30.08% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -32.93% |
| annualized_volatility | +42.77% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Sequential Revenue Growth Lifts Profit; Finance Costs Remain Dominant Burden

Adani Green Energy Limited (AGEL) reported a sharp sequential increase in revenue and profit for the first quarter of FY2026-27, ended 30 June 2026. Revenue from operations grew 26.5% from the preceding quarter, and profit before tax more than doubled. However, finance costs remain the company's largest expense, absorbing a significant share of operating profit. The interest coverage ratio stood at 1.59, while the asset base continued to expand.

## Revenue and Profitability

Revenue from operations for Q1 FY2026-27 was ₹4,431 crore, up 26.5% from ₹3,502 crore in Q4 FY2025-26 and 16.6% higher than the ₹3,800 crore reported in the same quarter a year earlier. The quarter also included ₹232 crore of other income, bringing total income to ₹4,663 crore.

Profit before tax (including exceptional items) rose to ₹1,188 crore, a 143% increase from ₹488 crore in the previous quarter and a 26.5% increase from ₹939 crore in Q1 FY2025-26. Net profit (profit for the period) was ₹983 crore, up 91.3% sequentially and 19.3% year-over-year. The net profit margin (net profit as a percentage of revenue from operations) improved to 22.18% from 14.68% in the previous quarter and was slightly higher than 21.68% in the year-ago quarter.

The improvement in profitability was aided by a sharp reduction in exceptional items, which moved from a net expense of ₹108 crore in Q4 to just ₹2 crore in the current quarter. Excluding exceptional items, profit before tax increased from ₹596 crore to ₹1,190 crore, a 99.7% sequential rise.

## Expense Composition and Finance Costs

Total expenses for the quarter were ₹3,473 crore, up 10.9% sequentially and 13.9% year-over-year. The expense structure is dominated by two items: finance costs of ₹2,001 crore (57.6% of total expenses) and depreciation, depletion, and amortisation of ₹1,026 crore (29.5%). Other expenses (₹389 crore), cost of materials consumed (₹35 crore), and employee benefit expense (₹22 crore) were relatively small.

Finance costs increased 23.1% from ₹1,626 crore in Q4 and 31.2% from ₹1,525 crore in Q1 FY2025-26. The company's net segment assets also grew, indicating continued investment in capacity. The interest coverage ratio stood at 1.59, meaning that earnings before interest and taxes (EBIT) are only 1.59 times the finance cost. This is a tight coverage level, indicating that a large portion of operating profit is consumed by interest payments.

Finance costs and depreciation together accounted for about 87.1% of total expenses, underscoring the capital-intensive nature of the business.

## Asset Growth

Net segment assets increased from ₹1,44,097 crore as of 31 March 2026 to ₹1,53,048 crore as of 30 June 2026, a 6.2% increase in a single quarter. Year-over-year, the asset base grew 30.5% from ₹1,17,282 crore. The company's asset base continued to expand, consistent with its capital-intensive operations.

## Key Takeaway

The quarter marked a clear rebound in revenue and profitability after a weak second half of the previous fiscal year. Revenue grew at a steady pace both sequentially and year-over-year, and net profit rose accordingly. However, the company’s financial leverage remains a defining feature of its income statement: finance costs are the largest expense item, and the interest coverage ratio is low. The expense structure, dominated by finance costs and depreciation, reflects the capital-intensive nature of the business. The ongoing asset expansion adds to the debt burden, making earnings sensitive to both revenue stability and the cost of debt.

### Ratios

## Official filings

- 2026-09-09 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_09092026175859_Letter.pdf)
- 2026-09-03 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_03092026170436_Proceedings.pdf)
- 2026-09-03 — Regulatory Filing: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/RESULT_VOTING_1721016_03092026075006_WEB.xml)
- 2026-09-03 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_03092026200817_VotingResultsEGM030092026.pdf)
- 2026-09-01 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_01092026154116_Letters.pdf)
- 2026-08-22 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_22082026081440_Letters.pdf)
- 2026-08-11 — Agreement Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_11082026072202_AGELCivil.pdf)
- 2026-08-11 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_11082026150733_Letter.pdf)
- 2026-08-11 — Litigation Disclosure: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_11082026072414_AGELCriminal.pdf)
- 2026-08-10 — Management Change: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_16300_WebXMLFile_20260810_155750458.xml)
- 2026-08-10 — Management Change: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_10082026183017_Letter.pdf)
- 2026-08-07 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_07082026151256_Letter.pdf)
- 2026-08-01 — Official Filing: Adani Green Energy Limited received an Environmental, Social and Governance (ESG) rating of 71.2 (Grade B+): Medium risk for FY26 from SES ESG Research Private Limited on July 31, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_01082026151714_Letter_6.pdf)
- 2026-07-28 — Official Filing: Adani Green Energy Limited will hold a sell-side analyst meeting on August 3, 2026, in Mumbai. This interaction is scheduled as a group meeting and will be conducted physically. The company is providing this information in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_28072026183540_Letter.pdf)
- 2026-07-27 — Official Filing: Adani Green Energy Limited (AGEL) reported its Q1 FY27 unaudited financial results, surpassing 20 GW of renewable capacity, making it India's largest and fastest greenfield renewable capacity addition. The company's energy sales rose 30% year-over-year to 13.7 billion units, driven by 4.3 GW of capacity addition. AGEL commissioned 1.9 GW of battery energy storage capacity, bringing its total to 3.5 GW-hour, and is on schedule to commission its first 500 MW pump storage project. Revenue from power supply increased 29% year-over-year to INR 4,280 crore, with EBITDA surging 33% to INR 4,122 crore, achieving a 94% EBITDA margin. Capital expenditure for the quarter was INR 8,800 crore, a 41% increase year-over-year. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_27072026150703_Letter.pdf)
- 2026-07-23 — Official Filing: Adani Green Energy Limited has provided a link to the audio recording of its Analysts/Investors Call concerning the unaudited financial results for the quarter ended June 30, 2026. The call was held on July 22, 2026, and the recording is available on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_23072026122024_Letter.pdf)
- 2026-07-22 — Official Filing: Adani Green Energy Limited's Board of Directors met on July 22, 2026, approving the unaudited financial results for the quarter ended June 30, 2026. The company also appointed Ms. Poly Singh Arora as Chief People Officer. The financial results indicate a standalone net loss after tax of ₹51 Crores for the quarter, compared to a net profit of ₹604 Crores in the same quarter of the previous year. Consolidated net profit after tax for the quarter was ₹918 Crores, down from ₹791 Crores in the prior year's quarter. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_22072026141111_OutcomeBM22072026.pdf)
- 2026-07-22 — Official Filing: Adani Green Energy Limited reported its operational and financial highlights for the quarter ended June 30, 2026. Revenue increased by 29% year-over-year to ₹4,280 crore, while EBITDA rose by 33% year-over-year to ₹4,122 crore. The company also reported a 28% year-over-year increase in cash profit to ₹2,225 crore. Operational capacity grew by 27% year-over-year to 20,142 MW, with a greenfield addition of 4,327 MW during the quarter. The company operationalized 1,972 MWh of Battery Energy Storage System (BESS) capacity in Khavda. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_22072026143314_OutcomeBM22072026Presentation.pdf)
- 2026-07-22 — Official Filing: Adani Green Energy Limited reported the appointment of Ms. Poly Singh Arora as Chief People Officer, effective July 1, 2026. The appointment occurred on July 22, 2026, at 14:00:00. Ms. Arora is described as a strategic HR leader with expertise in talent management, culture building, and leadership development.
- 2026-07-22 — Official Filing: Adani Green Energy Limited's Board of Directors met on July 22, 2026, approving the unaudited financial results for the quarter ended June 30, 2026. The company also appointed Ms. Poly Singh Arora as Chief People Officer. The financial results indicate a standalone net loss after tax of ₹51 Crores for the quarter, compared to a net profit of ₹604 Crores in the same quarter of the previous year. Consolidated net profit after tax for the quarter was ₹918 Crores, down from ₹791 Crores in the prior year's quarter. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_22072026143730_OutcomeBM22072026.pdf)
- 2026-07-13 — Generic Announcement: Adani Green Energy Limited will hold an investor and analyst call on July 22, 2026, to discuss financial results for the quarter ended June 30, 2026, and the business outlook. The call, organized by Macquarie Capital, will be conducted via Zoom and will include participation from senior management, including the CEO and CFO. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_13072026193751_Letter.pdf)
- 2026-07-10 — Official Filing: Adani Green Energy Limited reported a provisional operational update for Q1 FY27, showing a 27% year-over-year increase in operational capacity to 20,142 MW, with 4,327 MW added through greenfield projects. The company also operationalized 1,972 MWh of Battery Energy Storage System (BESS) capacity in Khavda during the quarter, bringing the total installed capacity to 3,551 MWh. Sale of energy rose by 30% year-over-year to 13,657 million units. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_10072026205521_Letters.pdf)
- 2026-07-10 — Official Filing: Adani Green Energy Limited received an ESG rating of 87.3 for FY26 from Care ESG Ratings Limited on July 09, 2026. This disclosure was made on July 10, 2026, in accordance with SEBI Listing Regulations. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_10072026122017_Draft_-_SE_Intimation.pdf)
- 2026-07-08 — Official Filing: Adani Green Energy Limited received an overall ESG rating of 'Crisil ESG 69' and a Core ESG rating of 'Crisil Core ESG 65' from CRISIL ESG Ratings & Analytics Limited. The company remains in the 'Strong' ESG rating category as of July 08, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_08072026112550_Letter.pdf)
- 2026-07-03 — Generic Announcement: Adani Green Energy Limited submitted a confirmation certificate for the quarter ended June 30, 2026, as required by SEBI regulations. MUFG Intime India Private Limited, the Registrar and Share Transfer Agent, confirmed that securities received for dematerialization were processed, confirmed, and listed on stock exchanges within the prescribed timelines. The security certificates were mutilated and cancelled after verification, with depository names substituted in the register of members. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_03072026181125_Letter.pdf)

## News and market events

- 2026-09-18 — Economic Times: **Adani stocks soar up to 12% after Jefferies sees up to 53% upside in Adani Energy and others** — Adani group stocks rallied on Friday after Jefferies highlighted growth prospects across energy, ports and power businesses. Adani Total Gas gained over 12%, while Adani Energy Solutions, Adani Green, Adani Power and Adani Ports advanced following positive brokerage commentary and targets. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/adani-stocks-soar-up-to-12-after-jefferies-sees-up-to-53-upside-in-adani-energy-and-others/articleshow/134332474.cms)
- 2026-09-18 — BUSINESSTODAY: **Adani Power, Adani Green, Adani Ports, Adani Energy: Jefferies shares target prices** — Adani stocks, Adani Power share price, Adani Green share price, Adani Ports share price, Adani Energy share price — [Source](https://www.businesstoday.in/markets/stocks/story/adani-power-adani-green-adani-ports-adani-energy-jefferies-shares-target-prices-556323-2026-09-18)
- 2026-09-18 — BUSINESSTODAY: **Adani Green Energy: Jefferies expects 69% upside amid short-term correction** — Adani Green Energy, Adani Green Energy shares, Adani Green Energy stock, Adani Green Energy share price target, Khavda renewable park, battery energy storage system, Adani Green Energy stock price targets, 50 GW target, FY27 capacity addition, pumped storage projects, long-term power purchase agreements, net debt to EBITDA, JSW Energy valuation — [Source](https://www.businesstoday.in/markets/stocks/story/adani-green-energy-jefferies-expects-69-upside-amid-short-term-correction-556319-2026-09-18)
- 2026-09-10 — BUSINESSTODAY: **Jefferies sees 46% upside potential in this Adani stock; shares targets for AGEL, Adani Power** — Adani Energy Solutions, Jefferies, Adani Green Energy, AGEL, Adani Power, MSEDCL, RTC power, trading segment, Adani stocks, stock target price — [Source](https://www.businesstoday.in/markets/stocks/story/jefferies-sees-46-upside-potential-in-this-adani-stock-shares-targets-for-agel-adani-power-554523-2026-09-10)
- 2026-09-07 — BUSINESSTODAY: **Adani stocks: GQG searching for buyers for stake sale? What you need to know** — Adani stocks, Rajiv Jain, GQG Partners, GQG, GQG Adani stake, GQG stake in Adani firms, Adani news — [Source](https://www.businesstoday.in/markets/stocks/story/adani-stocks-gqg-searching-for-buyers-for-stake-sale-what-you-need-to-know-553658-2026-09-07)
- 2026-09-03 — BUSINESSTODAY: **GQG further cuts stake in Adani Energy to 3.46%; Adani stocks where it trimmed holdings** — Adani Energy share price, Adani stocks, Adani Power share price, Adani Enterprises share price, GQG Partners — [Source](https://www.businesstoday.in/markets/stocks/story/gqg-further-cuts-stake-in-adani-energy-to-3-46-adani-stocks-where-it-trimmed-holdings-553042-2026-09-03)
- 2026-09-02 — BUSINESSTODAY: **Adani Green Energy shares climb 3% despite market selloff; here's why** — Adani Green Energy shares, Adani Green shares, Adani Green Energy shares news, Adani Green Energy shares today, Adani Green Energy news today, Adani Green shares news today, Adani Green news today — [Source](https://www.businesstoday.in/markets/stocks/story/adani-green-energy-shares-climb-3-despite-market-selloff-heres-why-552760-2026-09-02)
- 2026-09-02 — BUSINESS: **Stock Alert: Hero MotoCorp, NMDC, Gland Pharma, Wipro** — Shares of LIC Housing Finance and SAIL are banned from F&O trading on 2 September 2026. — [Source](https://www.business-standard.com/markets/capital-market-news/stock-alert-hero-motocorp-nmdc-gland-pharma-wipro-126090200142_1.html)
- 2026-09-02 — BUSINESSTODAY: **Adani Green shares: AGEL in focus as arm starts 139 MW solar project in Gujarat** — Adani Green share, Adani Green share price, Adani Green share price today, Adani Green shares — [Source](https://www.businesstoday.in/markets/stocks/story/adani-green-shares-agel-in-focus-as-arm-operationalises-139-mw-solar-project-in-gujarat-552711-2026-09-02)
- 2026-09-02 — BUSINESSTODAY: **Top stocks in news: Wipro, Hero Moto, NMDC, Welspun Corp, Adani Green, Annu Projects, Gland Pharma** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, Wipro, Hero MotoCorp, NMDC, Welspun Corp, Adani Green Energy, Annu Projects, Gland Pharma, L&T Finance, Texmaco Rail & Engineering, Ashiana Housing, Ujjivan Small Finance Bank, ARSS Infrastructure Projects, Sical Logistics — [Source](https://www.businesstoday.in/markets/stocks/story/top-stocks-in-news-wipro-hero-moto-nmdc-welspun-corp-adani-green-annu-projects-gland-pharma-552700-2026-09-02)
- 2026-09-02 — Mint: **Stocks to watch today: Reason why these shares are in focus for Wednesday's trading session | Full list** — Stock market today: Benchmark indices Sensex and Nifty closed marginally lower on Tuesday amid concerns over elevated crude oil prices and renewed tensions between the US and Iran, which weighed on investor sentiment. — [Source](https://www.livemint.com/market/stock-market-news/stocks-to-watch-today-reason-why-these-shares-are-in-focus-for-wednesdays-trading-session-full-list-11788311231011.html)
- 2026-09-01 — CNBC-TV18: **Stocks to Watch for September 2: Reliance Industries, Adani Green, NMDC and more** — From Reliance Industries to Ujjivan Small Finance Bank, here are the key stocks to track ahead of Wednesday’s trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-september-2-reliance-industries-adani-green-nmdc-and-more-19981541.htm)
- 2026-09-01 — The Hindu: **Sensex today | Stock Market Highlights: Sensex ends 12 pts down, Nifty closes at 24,055 on higher crude prices; banks, autos lead losses** — Sensex, Nifty, Share Prices Highlights: Indian shares edged lower on ​Tuesday as escalating Middle East tensions pushed oil prices and ‌bond yields higher, while heavyweight banks reversed Monday's ​closing auction gains. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-highlights-1st-september-2026/article71412225.ece)
- 2026-09-01 — CNBC-TV18: **Vardhman Textiles, Graphite India, ITC lead Nifty 500 gainers as Prestige Estates, KEI Industries fall at market open** — Some Nifty 500 stocks rallied at market open, led by a sharp volume spike in one counter, while others slid on profit booking — here's a look at today's top gainers and losers. — [Source](https://www.cnbctv18.com/market/nifty-500-top-gainers-losers-market-open-vardhman-textiles-graphite-india-itc-adani-green-19981152.htm)
- 2026-08-26 — BUSINESSTODAY: **Adani Enterprises, Adani Green shares: Buy, hold or sell these two Adani stocks?** — Adani Enterprises, Adani Green, Adani group stocks, Akshay Maghwad, JM Financial, Adani stock outlook, should investors book profit in Adani stocks, Adani Enterprises target, Adani Green share outlook, technical analysis Adani stocks, multi-bagger stocks India, Business Today Daily Calls, stock market advice, Indian stock market, profit booking strategy, long term stock holding, Adani Enterprises share price outlook, Adani Green share price outlook, market volatility India, technical charts India — [Source](https://www.businesstoday.in/markets/stocks/story/adani-enterprises-adani-green-shares-buy-hold-or-sell-these-two-adani-stocks-551463-2026-08-26)
- 2026-08-26 — CNBC-TV18: **AI data centres could lift India's annual power demand growth from 5.5% to 6%: Bernstein** — Bernstein's Nikhil Nigania says AI-driven data centers could lift India's power demand growth to 6% annually, while a renewable tender priced below thermal power marks a shift in the sector. He also flags loan book pressure at PFC and REC. His top picks span L&T, JSW Energy, NTPC and Adani Green. — [Source](https://www.cnbctv18.com/market/bernstein-artificial-intelligence-data-centers-india-power-demand-growth-6-jsw-energy-larsen-toubro-ntpc-pfc-rec-thermal-solar-energy-19977337.htm)
- 2026-08-24 — Economic Times: **Sebi Turns Down Adani-linked FPIs’ Settlement Applications** — Indias capital markets regulator has rejected settlement applications by foreign portfolio investors (FPIs) that held significant stakes in listed Adani Group companies, people familiar with the matter said. — [Source](https://economictimes.indiatimes.com/et-front/sebi-turns-down-adani-linked-fpis-settlement-applications/articleshow/133446730.cms)
- 2026-08-21 — CNBC-TV18: **This Adani Group stock's earnings can compound at 49%, Morgan Stanley says; Three key risks noted** — While initiating coverage with a bullish stance on Adani Green Energy, Morgan Stanley has also highlighted three key risks for the stock that could impact its thesis. — [Source](https://www.cnbctv18.com/market/adani-green-energy-share-price-morgan-stanley-says-buy-target-upside-returns-three-key-risks-19974167.htm)
- 2026-08-12 — The Hindu: **‘Compromised PM forced to sell India’s interest’: Rahul as U.S. court dismisses Adani case** — Rahul Gandhi criticizes PM Modi after a U.S. court dismisses charges against Adani, claiming India is paying a huge price. — [Source](https://www.thehindu.com/news/national/compromised-pm-forced-to-sell-indias-interest-rahul-as-us-court-dismisses-adani-case/article71335036.ece)
- 2026-08-12 — Economic Times: **'Compromised PM forced to sell India's interest': Rahul Gandhi as US court dismisses Adani case** — Congress leader Rahul Gandhi criticised Prime Minister Narendra Modi after a US court permanently dismissed criminal charges against Adani Group Chairman Gautam Adani and his nephew Sagar Adani. Gandhi alleged that the government had compromised Indias interests and said the country was paying a heavy price. — [Source](https://economictimes.indiatimes.com/news/politics-and-nation/compromised-pm-forced-to-sell-indias-interest-rahul-gandhi-as-us-court-dismisses-adani-case/articleshow/133170187.cms)
- 2026-08-11 — Orissa POST: **US judge dismisses criminal case against Gautam Adani, Sagar Adani - OrissaPOST** — New York/New Delhi: A US court has dismissed with prejudice the criminal charges against Adani Group chairman Gautam Adani and his nephew, bringing to an end nearly two years of proceedings in an alleged fraud and bribery case. The US District Court for the Eastern District of New York granted the Justice Department’s Rule 48(a) […] — [Source](https://www.orissapost.com/us-judge-dismisses-criminal-case-against-gautam-adani-sagar-adani)
- 2026-08-11 — The Hindu: **Sensex today | Stock Market Live: Sensex, Nifty fall as crude oil prices weigh on investor sentiment** — Sensex, Nifty, Share Prices Live: Indian equities opened lower on Tuesday as elevated crude prices and Strait of Hormuz concerns weighed on sentiment. The decline came despite stronger corporate earnings and renewed foreign buying, with investors also tracking Adani stocks and the Nifty 50 reshuffle. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-11-august-2026/article71328121.ece)
- 2026-08-04 — The Hindu: **Sensex today | Stock Market Live: Sensex flat, Nifty down 200 pts to 24,560 as CAS correction weighs; RBI MPC meet outcome in focus** — Sensex, Nifty, Share Prices LIVE: Benchmark indices opened Tuesday’s session on a weak note, with the Nifty 50 trading lower by 175 points and the Sensex slipping modestly, as markets corrected after Monday’s sharp rally that analysts attributed partly to a technical distortion from the new Closing Auction Session mechanism. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-4th-august-2026/article71301258.ece)
- 2026-07-31 — Economic Times: **Can Juniper Green Energy IPO deliver long-term growth for high risk investors?** — Juniper Green Energy plans a ₹1,800 crore IPO to reduce its debt burden. The company is aggressively expanding its renewable energy capacity to meet demand. Most of its power generation is secured through long-term purchase agreements. However, high leverage and execution risks are key concerns for investors. The issue is suitable for long-term investors with a higher risk appetite. — [Source](https://economictimes.indiatimes.com/markets/ipos/fpos/can-juniper-green-energy-ipo-deliver-long-term-growth-for-high-risk-investors/articleshow/132752956.cms)
- 2026-07-25 — IANSLIVE.IN: **India bets big on infrastructure-led growth across sectors** — New Delhi, July 25 (IANS) India is betting big on infrastructure-led growth and the world is starting to take notice, a new report has said, adding that Prime Minister Narendra Modi’s government has spent more than a decade attempting one of the most ambitious economic transformations in modern history. — [Source](https://ianslive.in/india-bets-big-on-infrastructure-led-growth-across-sectors--20260725145624)

## Business profile

**Strategic vision:** Develops, constructs, and operates renewable energy projects.

### Business segments
- **Solar Power:** Operational solar power projects with a significant installed capacity, located across various states in India.
- **Wind Power:** Operational wind power projects contributing to the company's renewable energy portfolio, situated in key regions.
- **Hybrid Power:** Operational wind-solar hybrid projects, including the world's largest hybrid cluster, contributing to diverse renewable energy generation.

### Competitive strengths
- Commitment to sustainability initiatives including Water Positive operations, Zero Waste to Landfill, and Single-Use Plastic Free certification.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/adanigreen
Markdown representation: https://faxioms.com/stocks/adanigreen?render=md