# Adani Green Energy (ADANIGREEN) — Stock analysis

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

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,424.1
- Change: +0.65%
- As of: 2026-11-06
- 1D return: +0.65%
- 5D return: +9.66%
- 1M return: +15.25%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

As of the close on 2026-11-05, ADANIGREEN is trading at ₹1414.9, positioned near the upper end of its recent ranges (+94.3% in the 20-day and 50-day bands). The daily trend structure is bullish, with price holding above all key moving averages (20, 50, 200 SMA/EMA) and the Supertrend indicator. However, trend strength is currently weak on the daily timeframe, indicated by an ADX of 14.78, suggesting a lack of strong directional conviction despite the upward positioning. In contrast, the monthly trend shows established strength (ADX 25.7), while the weekly trend remains mixed with a bearish Supertrend direction.

Momentum has been positive recently, with a +1.9% gain on 2026-11-05 following a high-severity upward gap. Over the past month, the stock has returned +10.2%, and year-to-date returns stand at +37.9%. Participation metrics show moderate activity with 2,784 trades and a turnover of ₹1,258 crore on the latest session. Volatility remains elevated, with annualized volatility at +42.8% and an ATR of 3.15%. The stock is currently -11.8% from its available high, indicating some pullback from recent peaks.

Key levels to monitor include immediate support at ₹1411.6 (0.23% below) and resistance at ₹1427.0 (0.86% above). A break above ₹1427.0 could signal renewed momentum, while a sustained move below ₹1411.6 may test deeper support at ₹1406.0 or the pivot at ₹1367.6.

- Trend Direction: Daily trend is bullish with price above all major MAs and Supertrend, but daily ADX (14.78) indicates weak trend strength; monthly trend is stronger (ADX 25.7).
- Price Positioning: Trading at ₹1414.9, near the top of 20-day and 50-day ranges (+94.3%), with YTD return of +37.9% and 1-month return of +10.2%.
- Key Levels: Immediate resistance at ₹1427.0 (+0.86%) and support at ₹1411.6 (-0.23%); further support at ₹1406.0 (-0.63%) and pivot at ₹1367.6 (-3.34%).
- Risk & Volatility: High volatility environment with annualized vol of +42.8% and current drawdown of -11.8% from available highs.

- Bullish Engulfing Reversal
- Outside Bar
- Harami
- Inside Bar
- Bearish Engulfing Reversal

### Official Filings

Adani Green Energy Limited is convening an Extra-Ordinary General Meeting (EGM) on November 16, 2026, to seek shareholder approval for significant capital and governance changes. The company proposes increasing its borrowing limit from ₹25,000 crore to ₹40,000 crore to support expansion plans, a move that would materially alter its leverage capacity. Additionally, the EGM agenda includes approvals for material related-party transactions totaling ₹5,895 crore with Adani New Industries Limited (₹4,345 crore) and Mundra Solar Energy Limited (₹1,550 crore) for FY 2026-27. These resolutions are currently proposed and require investor consent; they have not yet been approved. On the ownership front, GQG Partners LLC has filed disclosures indicating activity as an acquirer or person acting in concert. Management recently reported operational capacity of 20.8 GW during the Q2 FY27 earnings call, while noting ongoing battery-storage additions and transmission delays.

- Shareholder vote required on Nov 16, 2026, to raise borrowing limit from ₹25,000 crore to ₹40,000 crore
- Proposed related-party transactions worth ₹5,895 crore with Adani New Industries Ltd and Mundra Solar Energy Ltd for FY2026-27
- GQG Partners LLC disclosed as acquirer/person acting in concert per Oct 27 filing
- Operational capacity stands at 20.8 GW as of Sept 30, 2026, with management citing transmission delays

- [Adani Green Energy Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ADANIGREEN_04112026114143_Letter.pdf)
- [Adani Green Energy Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16300_WebXMLFile_20261104_114324316.xml)
- [NAME(S)OF THE ACQUIRER AND ITS(PAC) : GQG Partners LLC](https://nsearchives.nseindia.com/corporate/Adani_10272026160630_53955.zip)
- [Adani Green Energy Limited has informed the Exchange about Newspaper Publication for Notice of Extra Ordinary General Meeting |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/ADANIGREEN_26102026124528_Letter.pdf)
- [Adani Green Energy Limited has informed the Exchange about Transcript of Earnings Call pertaining to the Unaudited Financial Results for the quarter and half year ended September 30, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ADANIGREEN_26102026125605_Letter.pdf)
- [Adani Green Energy Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on November 16, 2026 |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/ADANIGREEN_23102026154746_EGMNotice16112026.pdf)
- [Adani Green Energy Limited has informed the Exchange about Notice of Shareholders Meeting for Extra-ordinary Meeting to be held on 16-Nov-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_16300_WebXMLFile_20261023_155130442.xml)
- [Adani Green Energy Limited has informed the Exchange about Notice of Shareholders Meeting for Extra-ordinary Meeting to be held on 16-Nov-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_16300_WebXMLFile_20261023_155210082.xml)
- [Adani Green Energy Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ADANIGREEN_22102026160043_Letter.pdf)
- [Adani Green Energy Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/ADANIGREEN_21102026142038_OutcomeBM21102026.pdf)

### Fundamentals

Adani Green’s operating trajectory shows robust top-line expansion but faces margin pressure and rising leverage. For Q2 FY2026-27, revenue from operations decreased sequentially to ₹4,258 crore from ₹4,431 crore in Q1, while expenses rose to ₹3,664 crore. This compressed Profit Before Tax (PBT) to ₹856 crore from ₹1,190 crore, leading to a sequential drop in Net Profit to ₹747 crore. Despite this quarterly softness, the TTM sales growth remains strong at 21%, with TTM operating profit reaching ₹12,905 crore.

Earnings quality is supported by cash generation; CFO/EBITDA conversion stood at 95% for Mar 2026, though it has eased from 106% in Mar 2024. The balance sheet reflects aggressive capacity building: borrowings increased to ₹118,372 crore as of Sep 2026, driven by a rise in non-current borrowings to ₹100,484 crore. Capital Work In Progress (CWIP) grew to ₹21,968 crore, indicating ongoing asset creation. However, ROCE declined to 7% in Mar 2026 from 10% in Mar 2024, suggesting current returns on invested capital are under pressure during this expansion phase. Shareholding patterns show promoters maintaining a stable ~62% stake, while DIIs increased their holding to 5.3%.

The key checkpoint is whether the company can convert its expanding CWIP into higher-margin operational assets to reverse the ROCE decline and stabilize PBT margins against rising finance costs.

- Q2 FY2026-27 Revenue fell sequentially to ₹4,258 crore as expenses rose to ₹3,664 crore, compressing PBT to ₹856 crore and Net Profit to ₹747 crore.
- TTM Sales Growth remains healthy at 21%, but ROCE deteriorated to 7% (Mar 2026) from 10% (Mar 2024), reflecting margin pressure during expansion.
- Borrowings surged to ₹118,372 crore (Sep 2026) with CWIP at ₹21,968 crore, signaling continued heavy capex investment.
- CFO/EBITDA conversion was 95% in Mar 2026, showing solid cash flow generation despite rising interest costs.

### FAQs

**What corporate actions is Adani Green Energy undertaking in mid-November 2026?**

The company has scheduled an Extra Ordinary General Meeting (EGM) for Monday, November 16, 2026, at 11:00 a.m., to be held via Video Conferencing with remote e-voting options. Additionally, management will hold one-on-one and group meetings with investors and analysts at the JM Financial India Xchange Conference on the same date in Mumbai.

**How has the stock performed over various timeframes as of early November 2026?**

As of November 5, 2026, the stock closed at ₹1,414.90. It has delivered a Year-to-Date return of +37.9% and a one-year return of +30.2%. Shorter-term performance includes a 1-month return of +10.2% and a 10-day return of +13.2%, though it is currently trading within a -11.8% drawdown from its peak.

**What are the key technical support and resistance levels for the stock?**

Immediate support is observed at ₹1,411.60 (0.23% below current price), followed by ₹1,406.00. A pivot support level exists at ₹1,367.60. On the upside, resistance is noted at ₹1,427.00 (0.86% above), with further resistance at ₹1,435.20 and ₹1,473.10. The daily trend indicators remain bullish, while weekly trends show bearish signals.

**What operational capacity and financial context were reported in recent earnings?**

In the transcript of the October 22, 2026 earnings call regarding results for the quarter ended September 30, 2026, management reported an operational capacity of 20.8 GW. The discussion covered operating performance, battery-storage additions, transmission delays, and capital expenditure plans.

- [Jungle Ventures targets two IPOs a year from its portfolio | Company Business News](https://www.livemint.com/companies/news/jungle-ventures-targets-two-ipos-a-year-from-its-portfolio-11793791578211.html)
- [IndiGo to introduce business, premium economy and economy cabins on A350 aircraft from 2028 - The Economic Times](https://economictimes.indiatimes.com/nri/latest-updates/indigo-to-introduce-business-premium-economy-and-economy-cabins-on-a350-aircraft-from-2028/articleshow/135453326.cms)
- [Adani Green Energy Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ADANIGREEN_04112026114143_Letter.pdf)
- [Adani Green Energy Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16300_WebXMLFile_20261104_114324316.xml)
- [NAME(S)OF THE ACQUIRER AND ITS(PAC) : GQG Partners LLC](https://nsearchives.nseindia.com/corporate/Adani_10272026160630_53955.zip)
- [Adani Green Energy Limited has informed the Exchange about Newspaper Publication for Notice of Extra Ordinary General Meeting |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/ADANIGREEN_26102026124528_Letter.pdf)
- [Adani Green Energy Limited has informed the Exchange about Transcript of Earnings Call pertaining to the Unaudited Financial Results for the quarter and half year ended September 30, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ADANIGREEN_26102026125605_Letter.pdf)
- [Adani Green Energy Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on November 16, 2026 |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/ADANIGREEN_23102026154746_EGMNotice16112026.pdf)
- [Adani Green Energy Limited has informed the Exchange about Notice of Shareholders Meeting for Extra-ordinary Meeting to be held on 16-Nov-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_16300_WebXMLFile_20261023_155130442.xml)
- [Adani Green Energy Limited has informed the Exchange about Notice of Shareholders Meeting for Extra-ordinary Meeting to be held on 16-Nov-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_16300_WebXMLFile_20261023_155210082.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Strong Uptrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹1,413.17
- Risk regime: Price Risk Requires Attention

### Support levels
- 1427
- 1406
- 1333

### Resistance levels
- 1473.1
- 1547.825
- 1589.1

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.65% |
| return_10 | +20.17% |
| return_1m | +8.46% |
| return_1y | +34.29% |
| return_20 | +15.25% |
| return_3m | +3.84% |
| return_5 | +9.66% |
| return_6m | +5.25% |
| return_since_start | +36.10% |
| return_ytd | +38.81% |

### 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 | +42.74% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Adani Green Energy Limited FY2026-27 Q2: Revenue rises 42% YoY, profit falls QoQ

Adani Green Energy reported consolidated revenue from operations of ₹4,258 crore for the quarter ended 30 September 2026, up 41.6% year on year but down 3.9% from Q1 FY2026-27. Profit for the period declined 24% sequentially to ₹747 crore, while expenses and finance costs rose. Assets and borrowings were higher at 30 September 2026 than at 31 March 2026.

## Revenue eases sequentially after strong year-on-year growth

Revenue from operations was ₹4,258 crore, compared with ₹4,431 crore in Q1 FY2026-27 and ₹3,008 crore in Q2 FY2025-26. Total income, including ₹262 crore of other income, was ₹4,520 crore, down from ₹4,663 crore in Q1 FY2026-27. Inter-segment revenue was ₹435 crore.

## Sequential profit declines as expenses and finance costs rise

Total expenses increased 5.5% quarter on quarter to ₹3,664 crore from ₹3,473 crore in Q1 FY2026-27. Depreciation and amortisation was ₹1,084 crore, finance costs were ₹2,119 crore and other expenses were ₹311 crore; other expenses fell from ₹389 crore in the previous quarter.

Profit before tax was ₹856 crore, down 27.9% from ₹1,188 crore in Q1 FY2026-27 and up from ₹292 crore in Q2 FY2025-26. Finance costs rose 5.9% quarter on quarter from ₹2,001 crore. Tax expense was ₹191 crore, compared with ₹263 crore in Q1 FY2026-27.

Profit from continuing operations was ₹665 crore, down 28.1% sequentially from ₹925 crore. Total profit for the period was ₹747 crore, comprising ₹673 crore attributable to owners of the parent and ₹74 crore to non-controlling interests. Basic and diluted EPS were ₹4, compared with ₹5.05 in Q1 FY2026-27 and ₹3.44 in Q2 FY2025-26.

Comprehensive income for the period was ₹932 crore, up from ₹918 crore in Q1 FY2026-27. Other comprehensive income was ₹185 crore.

## Assets and borrowings increase

Total assets stood at ₹1,61,913 crore at 30 September 2026, up from ₹1,44,097 crore at 31 March 2026. Property, plant and equipment rose to ₹1,13,943 crore from ₹1,02,049 crore, while capital work in progress increased to ₹21,968 crore from ₹19,016 crore.

Non-current borrowings were ₹1,00,484 crore at 30 September 2026, compared with ₹90,755 crore at 31 March 2026; current borrowings were ₹11,827 crore. Total liabilities increased to ₹1,30,376 crore from ₹1,14,218 crore over the same period. Equity-accounted investments rose to ₹1,461 crore from ₹1,282 crore.

## Key Takeaway

Revenue grew strongly year on year but dipped sequentially, while higher expenses and finance costs coincided with a quarter-on-quarter decline in profit and EPS. The larger asset base alongside increased borrowings highlights the scale of investment and financing on the balance sheet.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +62.43%
- FII holding: +11.33%
- DII holding: +5.30%
- Mutual fund holding: +3.96%
- Retail holding: +2.45%
- Promoter pledged: +0.00%

### Major reported shareholders

- Adani Trading Services Llp — +28.80% (Bodies Corporate)
- Gautambhai Shantilal Adani and Rajeshbhai Shantilal Adani (on behalf of S.B. Adani Family Trust) — +19.96% (Trusts)
- Totalenergies Renewables Indian Ocean Ltd — +13.84%
- Spitze Trade And Investment Limited — +4.93% (Bodies Corporate)
- Ardour Investment Holding Ltd — +4.01% (Bodies Corporate)
- Totalenergies Solar Wind Indian Ocean Ltd — +3.41%
- Inq Holding Llc — +2.59%
- Adani Infra (India) Limited — +2.34% (Bodies Corporate)
- Quant Mutual Fund - Quant Small Cap Fund — +2.05%
- Goldman Sachs Trust Ii - Goldman Sachs Gqg Partners International Opportunities Fund — +1.90%

## Official filings

- 2026-11-04 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_04112026114143_Letter.pdf)
- 2026-11-04 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16300_WebXMLFile_20261104_114324316.xml)
- 2026-10-27 — Regulatory Filing: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Adani_10272026160630_53955.zip)
- 2026-10-26 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_26102026124528_Letter.pdf)
- 2026-10-26 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_26102026125605_Letter.pdf)
- 2026-10-23 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_23102026154746_EGMNotice16112026.pdf)
- 2026-10-23 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_16300_WebXMLFile_20261023_155130442.xml)
- 2026-10-23 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_16300_WebXMLFile_20261023_155210082.xml)
- 2026-10-22 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_22102026160043_Letter.pdf)
- 2026-10-21 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_21102026142038_OutcomeBM21102026.pdf)
- 2026-10-21 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_21102026143042_OutcomeBM21102026presentation.pdf)
- 2026-10-21 — Financial Results Filing: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1743133_21102026051244_WEB.xml)
- 2026-10-21 — Financial Results Filing: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1743132_21102026051216_WEB.xml)
- 2026-10-10 — Board Meeting Notice: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_10102026115437_Letter.pdf)
- 2026-10-10 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_16300_WebXMLFile_20261010_115614158.xml)
- 2026-10-10 — Board Meeting Notice: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_16300_WebXMLFile_20261010_115614158.xml)
- 2026-10-10 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_10102026123008_Letter.pdf)
- 2026-10-10 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16300_WebXMLFile_20261010_124426201.xml)
- 2026-10-10 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_10102026143731_Letter.pdf)
- 2026-10-07 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_07102026185331_Letter.pdf)
- 2026-10-07 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16300_WebXMLFile_20261007_192127739.xml)
- 2026-10-07 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16300_WebXMLFile_20261007_192401304.xml)
- 2026-10-06 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_06102026154603_Letter.pdf)
- 2026-10-03 — Shareholding Disclosure: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1732768_03102026054652_WEB.xml)
- 2026-10-01 — Generic Announcement: Adani Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIGREEN_01102026114006_Letters.pdf)

## News and market events

- 2026-11-06 — Economic Times: **Adani Green bets on battery storage to offset grid issues** — Adani Green Energy reported a Rs 700 crore Ebitda loss in the first half of FY27 due to renewable power curtailment caused by transmission constraints and grid issues. To mitigate these challenges, the company is investing in battery energy storage systems, having commissioned 3 gigawatt hours at its Khavda facility to increase total installed capacity to 6.6 gigawatt hours. This development highlights broader sector-wide difficulties where infrastructure delays are forcing producers to waste generated electricity despite strong demand. — [Source](https://economictimes.indiatimes.com/industry/renewables/adani-green-bets-on-battery-storage-to-offset-grid-issues/articleshow/135619695.cms)
- 2026-11-05 — Mint: **Jungle Ventures targets two IPOs a year from its portfolio | Company Business News** — Early-stage venture capital firm Jungle Ventures aims to take two portfolio companies public each year over the next 18-24 months, with startups such as Moglix and Livspace being prepared for public markets. The firm is also closing in on a fifth fund that will push its India investments past $1 billion. — [Source](https://www.livemint.com/companies/news/jungle-ventures-targets-two-ipos-a-year-from-its-portfolio-11793791578211.html)
- 2026-11-02 — Economic Times: **IndiGo to introduce business, premium economy and economy cabins on A350 aircraft from 2028 - The Economic Times** — IndiGo Airlines plans to introduce business, premium economy, and economy cabins on its Airbus A350-900 aircraft starting in the second quarter of 2028, marking a strategic shift from its traditional low-cost model to support long-haul international expansion. CEO Willie Walsh confirmed that cabin configurations for the first 10 aircraft are finalized, with the airline maintaining its Amsterdam route via A321 XLRs until the new fleet arrives. Additionally, IndiGo is reviewing fuel-hedging policies but has no immediate plans to implement them, while identifying Mumbai and Navi Mumbai airports a — [Source](https://economictimes.indiatimes.com/nri/latest-updates/indigo-to-introduce-business-premium-economy-and-economy-cabins-on-a350-aircraft-from-2028/articleshow/135453326.cms)
- 2026-10-30 — Times of India: **Top stocks to buy today: Stock market recommendations for October 30, 2026 - check list** — Hitesh Rathi, Technical Analyst at Angel One, issued buy recommendations for DLF, Punjab National Bank, and ADANIGREEN on October 30, 2026, citing technical breakouts and momentum indicators. — [Source](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-october-30-2026-dlf-punjab-national-bank-pnb-adani-green-stocks-to-buy-today/articleshow/135322780.cms)
- 2026-10-29 — BUSINESSTODAY: **Adani Enterprises, Adani Ports, Adani Green, Adani Power: Why Adani stocks are rising today** — Adani Enterprises and Adani Ports announced their Q2 earnings, which brokerages described as better than street estimates. Following the results, several brokerages retained or upgraded their ratings and raised target prices for both companies. — [Source](https://www.businesstoday.in/markets/trending-stocks/story/adani-enterprises-adani-ports-adani-green-adani-power-why-adani-stocks-are-rising-today-564525-2026-10-29)
- 2026-10-29 — Economic Times: **Adani group stocks jump up to 3%, add Rs 23,000 crore to total m-cap. What’s behind the surge?** — Adani Group stocks rose on Thursday, adding Rs 23,000 crore to their combined market capitalisation, as Q2 results and bullish brokerage calls lifted sentiment. Adani Power reported a 134% jump in net profit, while Jefferies raised its target price for Adani Ports and sees significant upside in Adani Enterprises. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/adani-group-stocks-jump-up-to-3-add-rs-23000-crore-to-total-m-cap-whats-behind-the-surge/articleshow/135293658.cms)
- 2026-10-28 — Mint: **Big Adani stocks Q2 comparison: Adani Ports vs Adani Power vs Adani Green Energy shares; Who delivered beyond estimates?** — Adani Power and Adani Green beat second-quarter FY27 estimates, while Adani Ports reported results broadly in line. Ports offered the strongest outlook, raising its FY27 EBITDA target to ₹26,000–27,000 crore, supported by rising cargo volumes and a healthy debt ratio. — [Source](https://www.livemint.com/market/stock-market-news/big-adani-stocks-q2-comparison-adani-ports-vs-adani-power-vs-adani-green-energy-shares-who-delivered-beyond-estimates-11793206502960.html)
- 2026-10-28 — Economic Times: **Adani Green’s debt maths: Why leverage may fall below 4x as capex cycle matures** — Adani Green Energy Limited is looking forward to a decrease in leverage as its upcoming projects start functioning and yield cash flow. With a substantial ₹2.4 lakh crore earmarked for capital expenditures by FY30, the company aims to enhance its renewable energy capacity. As project loans are paid off, leverage is expected to dip below four times. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/adani-greens-debt-maths-why-leverage-may-fall-below-4x-as-capex-cycle-matures/articleshow/135256023.cms)
- 2026-10-28 — Economic Times: **Adani Green’s debt maths: Why leverage may fall below 4x as capex cycle matures** — Adani Green Energy Limited is looking forward to a decrease in leverage as its upcoming projects start functioning and yield cash flow. With a substantial ₹2.4 lakh crore earmarked for capital expenditures by FY30, the company aims to enhance its renewable energy capacity. As project loans are paid off, leverage is expected to dip below four times. — [Source](https://cfo.economictimes.indiatimes.com/news/esg/adani-greens-debt-maths-why-leverage-may-fall-below-4x-as-capex-cycle-matures/135262941)
- 2026-10-27 — MONEYCONTROL: **Buy Adani Green Energy; target of Rs 1700: Emkay Global Financial** — Buy Adani Green Energy; target of Rs 1700: Emkay Global Financial Follow Us On: Stocks: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others Trending Topics more Sensex Today Jio IPO Allotment Jio IPO Listing Date Israel Elections 2026 live Microsoft Buyout news Gyanesh Kumar Benjamin Netanyahu Noel Tata Ather Share Price Anthropic IPO News more Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups Markets more Home Currencies Commodities Pre-Market IPO Global Market US Markets Bonds Silver MCX Price Gold MCX Price Personal Finance more Home — [Source](https://www.moneycontrol.com/news/business/stocks/buy-adani-green-energy-target-of-rs-1700-emkay-global-financial-14061223.html)
- 2026-10-23 — The Hindu: **Adani Green’s debt jumps 35% to ₹1.03 lakh cr; says 72% of project loans insulated from rate cycle** — Adani Green’s debt jumps 35% to ₹1.03 lakh cr, with 72% of project loans fixed-rate, shielding earnings from rate swings. — [Source](https://www.thehindubusinessline.com/companies/adani-greens-debt-jumps-35-to-103-lakh-cr-says-72-of-project-loans-insulated-from-rate-cycle/article71614607.ece)
- 2026-10-21 — CNBC-TV18: **Earnings Central: Growth meets margin pressure as Eternal, SRF, Indian Hotels report Q2 numbers** — Eternal’s food delivery growth gathers pace, Indian Hotels raises its FY27 outlook, and SRF and Vishal Mega Mart face market pressure. Here are the key takeaways from Wednesday’s earnings action. — [Source](https://www.cnbctv18.com/market/earnings-central-growth-meets-margin-pressure-as-eternal-srf-indian-hotels-report-q2-numbers-20016358.htm)
- 2026-10-21 — CNBC-TV18: **Adani Green Q2 results: Revenue jumps 42%, EBITDA soars 46%; Margin nears 90%** — Adani Green Energy reported robust earnings for the second quarter of FY27, with revenue rising 41.6% year-on-year to ₹4,258 crore from ₹3,008 crore in the corresponding period last year. Net profit increased 16% to ₹747 crore, compared with ₹644 crore a year earlier. — [Source](https://www.cnbctv18.com/market/earnings/adani-green-energy-share-price-q2-results-net-profit-revenue-ebitda-margin-fy27-guidance-20016084.htm)
- 2026-10-21 — BUSINESSTODAY: **Adani Green Energy Q2 results: Net profit rises 15% to Rs Rs 673 crore; stock reacts** — Adani Green Energy, Adani Green Energy share price, Adani Green Energy Q2 results, Adani Green Energy net profit, Adani Green Energy revenue, Ashish Khanna, renewable energy, battery energy storage, BESS, Khavda project, FY27 results — [Source](https://www.businesstoday.in/markets/stocks/story/adani-green-energy-q2-results-net-profit-rises-15-to-rs-rs-673-crore-stock-reacts-562820-2026-10-21)
- 2026-10-21 — The Hindu: **Q2 Results Today Live: Eternal, Adani Green, Indian Hotels, SRF, Vishal Mega Mart, KEI Ind, M&M Financial Services, PC Jeweller Share to announce Q2 results** — Q2 Results Today, 21th October 2026 Live Updates: Follow the latest announcements and developments on the company's September quarter earnings, revenue and profit, updates on Aditya Birla Sun Life AMC, Adani Green Energy, Aye Finance, Eternal, PC Jewellers, KEI Industries, Mahindra & Mahindra Financial Services, SRF, Vishal Mega Mart, Indosolar, Welspun Specialty Solutions and others. — [Source](https://www.thehindubusinessline.com/companies/q2-results-today-live-updates-eternal-adani-green-indian-hotels-srf-vishal-mega-mafrt-kei-ind-mampm-financial-services-pc-jeweller-company-results-21-october-2026/article71606182.ece)
- 2026-10-21 — Mint: **Q2 results 2026 today: Eternal, Adani Green, Indian Hotels among 38 firms to announce quarterly earnings | Full list** — Q2 results 2026 today: Among the prominent companies scheduled to report their quarterly earnings today are Eternal, Adani Green Energy, Indian Hotels, SRF, Vishal Mega Mart, KEI Industries, Mahindra and Mahindra Financial Services, and PC Jeweller. — [Source](https://www.livemint.com/market/stock-market-news/q2-results-2026-today-eternal-adani-green-indian-hotels-among-38-firms-to-announce-quarterly-earnings-full-list-11792550102736.html)
- 2026-10-21 — Mint: **Top stocks to watch today: Eternal, Reliance Industries, IREDA, RailTel shares in focus on Wed, 21 Oct | Full list** — Top stocks to watch: Eternal, Adani Green, Reliance Industries, IREDA, Bajaj Finance, Hindustan Zinc, Waaree Renewable Technologies are among the shares that will remain in focus on Wednesday. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-eternal-reliance-industries-ireda-railtel-shares-in-focus-on-wed-21-oct-full-list-11792546323951.html)
- 2026-10-18 — Mint: **Stock market this week: Jio IPO, crude volatility, FII selling, Q2 results among 7 factors to watch | Nifty outlook** — Indian markets posted their strongest weekly gains since April, with Nifty 50 and Sensex rising more than 2.4%. This week, investor sentiment may hinge on major company earnings, Jio Platforms’ IPO, volatile crude prices, foreign and domestic institutional flows, and a Dussehra trading holiday. — [Source](https://www.livemint.com/market/stock-market-news/stock-market-this-week-jio-ipo-crude-oil-price-volatility-fii-selling-q2-results-among-7-factors-to-watch-check-ni-11792326615470.html)
- 2026-10-18 — Mint: **Adani Group stocks Q2 results 2026 date this week: Adani Green, Adani Energy, Adani Gas, Adani Power schedule, returns** — Adani Green Energy, Adani Energy Solutions, Adani Total Gas and Adani Power are scheduled to announce Q2FY27 results this week. Their boards will review quarterly and half-yearly financials, followed by investor or analyst calls. — [Source](https://www.livemint.com/market/stock-market-news/adani-group-stocks-q2-results-2026-date-this-week-adani-green-adani-energy-adani-gas-adani-power-schedule-returns-11792312936958.html)
- 2026-10-14 — BUSINESSTODAY: **Adani Green, Adani Power, AEL, AESL, Adani Ports shares: GQG cuts stakes for 2nd quarter** — Adani stocks, Adani Power share price, AEL share price, Adani Enterprises shae price, Adani Energy share price, Adani Ports share price — [Source](https://www.businesstoday.in/markets/stocks/story/adani-green-adani-power-ael-aesl-adani-ports-shares-gqg-cuts-stakes-for-2nd-quarter-561581-2026-10-14)
- 2026-10-12 — BUSINESSTODAY: **Adani Green share price: Jefferies sees 35% upside, cites multiple triggers** — Adani Green share price, Adani Green share price oday, Adani Green shares, Adani Green news, Adani stock, stock to buy — [Source](https://www.businesstoday.in/markets/stocks/story/adani-green-share-price-jefferies-sees-35-upside-cites-multiple-triggers-560959-2026-10-12)
- 2026-10-12 — BUSINESSTODAY: **Adani Green shares in focus on H1 FY27 updates; firm announces Q2 earnings date** — Adani Green Energy, Adani Green Energy shares, Adani Green Energy stock, Adani Green Energy H1 business update, Khavda renewable park, Adani Green Energy Q2 earnings, battery energy storage system, Adani Green Energy stock price targets, 50 GW target, FY27 capacity addition — [Source](https://www.businesstoday.in/markets/stocks/story/adani-green-shares-in-focus-on-h1-fy27-updates-firm-announces-q2-earnings-date-560907-2026-10-12)
- 2026-10-09 — IANSLIVE.IN: **Adani Group stocks surge up to 3 pc; Reliance Industries, BSE shares drag** — Mumbai, Oct 9 (IANS) Adani Group stocks rallied up to 3 per cent as domestic equity benchmarks recovered losses to close over 1 per cent higher each on Friday, while Reliance Industries and BSE Ltd shares dragged. — [Source](https://ianslive.in/adani-group-stocks-surge-up-to-3-pc-reliance-industries-bse-shares-drag--20261009163131)
- 2026-10-09 — BUSINESSTODAY: **Why Adani stocks are falling | Rs 2.7 lakh crore gone in 3 months; explained** — Adani stocks, why Adnai stocks are falling, Adani GQG, Adani news, Adani shares, Why Adani stocks are down, Adani Power share price, Adani Enterprises share price, AEL shares, Adani Green shares — [Source](https://www.businesstoday.in/markets/stocks/story/why-adani-stocks-are-falling-rs-2-7-lakh-crore-gone-in-3-months-explained-560621-2026-10-09)
- 2026-10-08 — The Hindu: **Adani targets $100 billion annual investment capacity by 2033** — Adani Group, targeting ₹2 lakh crore of investments this year against ₹1.53 lakh crore in FY26, plans to scale its annual investment capacity nearly five-fold to $100 billion by 2033 — [Source](https://www.thehindubusinessline.com/companies/adani-targets-100-billion-annual-investment-capacity-by-2033/article71558581.ece)

## 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.

## Related stocks

- [ABB India Limited (Energy)](https://faxioms.com/stocks/abb) — +2.20%
- [Adani Energy Solutions Limited (Energy)](https://faxioms.com/stocks/adaniensol) — +0.74%
- [Adani Power Limited (Energy)](https://faxioms.com/stocks/adanipower) — +0.14%
- [Bharat Heavy Electricals Limited (Energy)](https://faxioms.com/stocks/bhel) — +0.17%
- [Bharat Petroleum Corporation Limited (Energy)](https://faxioms.com/stocks/bpcl) — +0.88%

## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

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