CALCULATE YOUR SIP RETURNS

Adani Green Energy Share Price Trades Higher on January 23, 2025

Updated on: Jan 23, 2025, 5:06 PM IST
Adani Green Energy shares traded marginally higher by 0.18% at ₹1,032.05 on Jan 23, 2025, with a P/E ratio of -2266.38x and a P/B ratio of 21.55.
Adani Green Energy Share Price Trades Higher on January 23, 2025
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

On January 23, 2025, Adani Green Energy share price traded up by 0.18% at 1:28 PM (IST) at ₹1,032. Adani Green Energy’s share price reached a 52-week high of ₹2,173.65 on June 03, 2024, and a 52-week low of ₹870.90 on November 27, 2024. As per BSE, the total traded volume for the stock stood at 1.17 lakh shares with a turnover of ₹12.04 crore.

At the current price, Adani Green Energy shares are trading at a price-to-earnings (P/E) ratio of -2266.38x, based on its trailing 12-month earnings per share (EPS) of ₹-0.45, and a price-to-book (P/B) ratio of 21.55, according to exchange data.

Shareholding Details

As of December 31, 2024, Foreign Institutional Investors (FIIs) held a 13.68% stake in Adani Green Energy shares, while Domestic Institutional Investors (DIIs) owned 1.73%, and the promoters held 60.93%.

Adani Green Energy Q2 FY25 Results

Adani Green Energy Solutions reported a significant year-on-year (YoY) increase in net profit for the second quarter that ended September 30, 2024, posting ₹515 crores compared to ₹371 crore in the same period last year, according to a regulatory filing. The company’s revenue from operations also saw robust growth, rising to ₹3,055 crore from ₹2,220 crore in the corresponding quarter of the previous fiscal.

At the operating level, Adani Green’s earnings before interest, taxes, depreciation, and amortization (EBITDA) grew to ₹2,272 crore in Q2 FY25, up from ₹1,821 crore in Q2 FY24, reflecting the company’s strong operational performance during the quarter.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

Published on: Jan 23, 2025, 1:43 PM IST

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 2.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 2.5 Cr+ happy customers