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