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First Company In India To Have A Renewable Energy Capacity Of More Than 10,000 MW

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Adani Green Energy Ltd (NSE: ADANIGREEN): Today, in this post we’ll discuss about Adani Green Energy latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

Adani’s firm has broken records. Adani Green Energy Limited has installed solar power of 2000 MW power at the massive Khavda Solar Park in Gujarat which makes the first company in India with an energy source that is renewable greater than 10,000 MW. 

Adani Green Energy Limited now has an operational portfolio of 10,934MW, the highest in India. 

According to a press release from Adani Green Energy Limited, the company has already commissioned 2848 MW of renewable power in the fiscal year 2024.

AGEL’s operational portfolio comprises the following: 7393 MW solar, 1401 MW wind, and 2140 MW of hybrid solar-wind capacity. AGEL’s target is to achieve 45 GW of renewable power in 2030. 

Today, there is a significant increase in the price of shares (Adani Green Share price); Learn more about to see how much it has increased.

Adani Green Energy’s Share Price increased to 0.98 percent to the price of 1897.35. 

In the last five days it has risen by 3.39 percent and over 6 months, it has risen by 95.10 percent.

AGEL’s operational portfolio of 10,934 MW is expected to provide power to more than 5.8 million houses and reduce about 21 million tons of carbon dioxide emissions every year. 

Adani Group Chairman Gautam Adani stated that they are proud to be the first Indian company to have a staff of 10,000 renewable power companies.

About Adani Green Energy Ltd

Adani Group is a diversified business in India that improves lives, generates value, and helps to empower. 

It has created an impressive infrastructure for transportation and utilities that spans across India. 

It has built an exceptional utility and transport infrastructure portfolio that is an all-India presence. Adani Group is headquartered in Ahmedabad located in Gujarat, India. 

Fundamental Analysis of Adani Green Energy Ltd

Market Cap₹ 2,99,762 Cr.
Current Price₹ 1,904
52-wk High₹ 2,018.95
52-wk Low₹ 795.60
Stock P/E218.60
Book Value₹ 50.1
Dividend0.00 %
ROCE7.81 %
ROE22.8 %
Face Value₹ 10.0
P/B Value37.7
OPM83.0 %
EPS₹ 9.20
Debt₹ 57,378 Cr.
Debt to Equity7.23

Adani Green Energy Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 1900₹ 2232
2025₹ 2300₹ 2400
2026₹ 2480₹ 2640
2027₹ 2700₹ 2800
2028₹ 2822₹ 2900
2029₹ 3000₹ 3189
2030₹ 3200₹ 3400
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Adani Green Energy Shareholding Pattern

Promoters Holding
Dec 202260.75%
Mar 202357.26%
June 202356.27%
Sept 202356.26%
Dec 202356.37%
FII Holding
Dec 202215.14%
Mar 202317.13%
June 202318.25%
Sept 202318.16%
Dec 202318.03%
DII Holding
Dec 20221.40%
Mar 20231.45%
June 20231.47%
Sept 20231.49%
Dec 20231.50%
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Public Holding
Dec 202222.70%
Mar 202324.16%
June 202324.00%
Sept 202324.09%
Dec 202324.10%

Adani Green Energy Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 2,058 Cr
2020₹ 2,549 Cr
2021₹ 3,124 Cr
2022₹ 5,133 Cr
2023₹ 9,291 Cr

Last 5 Years’ Net Profit:

2019₹ -475 Cr
2020₹ -68 Cr
2021₹ 182 Cr
2022₹ 489 Cr
2023₹ 1,457 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

201912.73
202018.45
202127.22
202243.86
20238.99

Last 10 Years’ Profit Growth:

10 Years:
5 Years:61%
3 Years:192%
Current Year:160%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:10%
3 Years:19%
Last Year:23%

Sales Growth Over 10 Years:

10 Years:
5 Years:39%
3 Years:45%
Current Year:40%

Conclusion

This article is a complete guide about Adani Green Energy Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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