Today, on 24th April 2025, Adani Green Energy Share Price experienced a spike of 1.06% in its shares after announcing its deal with Uttar Pradesh Power Corporation Limited for a Power Purchase Agreement on 23rd April. The contract includes a 1,250 MW energy storage capacity supply from pumped hydro storage projects.
Adani Green Energy Share Price in Today’s Market
Today, Adani Green Energy’s shares opened to the market at Rs. 956.90, a considerable rise from the last session’s close of Rs. 952.50. At 9:30 a.m., Adani Green Energy’s share price was Rs. 953.65, nearly 0.13% higher than its previous close. According to the reports and estimates on Money Control, the current market capitalisation shows 151,061 cores; the UC Limit is 1,047.75, and the LC Limit is 857.25.
Company Financials
In the third quarter, Adani Green Energy Ltd. recorded a notable increase in its net profits. They increased by 85% year over year to Rs. 474 crore from Rs. 256 crore. In addition, the company’s power supply revenue increased by 13% to Rs. 1,993 crore from Rs. 1,765 crore compared to the last third quarter. Its EBITDA from electricity supply increased by 13% to Rs. 1,848 crore. AGEL also reported a 15% increase in cash earnings for the quarter, at Rs. 991 crore. The company will release its fourth-quarter results on 28th April.
Recent News About Adani Green Energy
- As of 31st March 2025, AGEL’s cumulative operational renewable energy capacity showed a 30% increase.
- The company aims to increase it’s capacity by an additional 1 GW by mid-May 2025, targeting a cumulative total of 15.2 GW.
- In February 2025, Adani Green Energy Limited initiated operations of a 250 MW solar power plant in Rajasthan.
- On 25th February 2025, a 67 MW solar project in Khavda, Gujarat, commenced operations.
- As of March 2025, AGEL had operationalised an additional 480 MW of renewable projects at Khavda.
Adani Green Energy Share Price Target
According to reports from Trendlyne, Adani Green Energy Ltd. has an average target of 2550. The consensus estimated an upside of 167.72% from the last price of 952.50.
Should You Buy, Sell, Or Hold?
Most analysts on Trendlyne and MoneyControl supported buying shares. On MoneyControl, 86% of experts suggest buying. Before investing in Adani Green Energy, consider its long-term performance and consult your analyst to make the perfect move.
