Adani Green Energy Ltd is one of India’s leading renewable energy companies, focused on the development, operation, and maintenance of solar and wind energy projects. It is part of the Adani Group, a large conglomerate known for its diversified business interests. Adani Green Energy plays a vital role in India’s transition to clean energy, with a growing portfolio of renewable energy assets across the country. Adani Green Share Price on NSE as of 15 October 2024 is 1,763.40 INR. Here will provide you more details on Adani Green Share Price Target 2024, 2025, 2026 to 2030.
Adani Green Energy Ltd: Market Overview
- Open Price: ₹1,777.00
- High Price: ₹1,783.90
- Low Price: ₹1,750.00
- Previous Close: ₹1,775.35
- Volume: 335,436
- Value (Lacs): ₹5,913.74
- VWAP: ₹1,765.18
- UC Limit: ₹2,130.40
- LC Limit: ₹1,420.30
- P/E ratio: 250.93
- Div yield: N/A
- 52-wk high: ₹2,174.10
- 52-wk low: ₹815.55
- Mkt cap: ₹2.79LCr
- Face Value: ₹10
Adani Green Share Price Chart
Adani Green Share Price Target Tomorrow 2024 To 2030
Adani Green Share Price Target Years | SHARE PRICE TARGET |
2024 | ₹2060 |
2025 | ₹3165 |
2026 | ₹4239 |
2027 | ₹5369 |
2028 | ₹6510 |
2029 | ₹7560 |
2030 | ₹8848 |
Adani Green Share Price Target 2024
Adani Green share price target 2024 Expected target could be ₹2060. Here are three risks and challenges that Adani Green may face for its share price target in 2024:
- Regulatory and Policy Changes: Changes in government policies or renewable energy regulations could negatively impact Adani Green’s operations. If subsidies for renewable energy are reduced or environmental regulations become more stringent, it may affect the company’s profitability and growth.
- High Debt Levels: As Adani Green continues to expand its projects, the company has accumulated significant debt. Managing this high debt burden effectively is crucial. Rising interest rates or challenges in refinancing could put pressure on the company’s financials and influence its stock performance.
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Market Competition: The renewable energy sector is highly competitive, with several domestic and international players. Increased competition, coupled with the rapidly evolving technology in this space, could affect Adani Green’s market share and pricing power, posing a challenge to its stock price growth.
Adani Green Share Price Target 2025
Adani Green share price target 2025 Expected target could be ₹3165. Here are three risks and challenges that Adani Green may face for its share price target in 2035:
- Fluctuating Energy Prices: The volatility in global energy markets, including fluctuating solar and wind energy prices, can impact Adani Green’s revenue. If renewable energy tariffs decrease or fossil fuel prices become more competitive, it may challenge the company’s profitability and affect its share price.
- Project Delays and Execution Risks: Adani Green has an ambitious pipeline of projects. However, any delays in project execution due to supply chain issues, regulatory approvals, or technical challenges could lead to cost overruns and affect the company’s earnings, putting downward pressure on its share price.
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Environmental and Social Challenges: As renewable energy projects often require large land areas and impact local ecosystems, Adani Green may face opposition from environmental groups or communities. Such challenges could slow down new projects, increase costs, or lead to reputational risks that might affect investor sentiment and share performance.
Shareholding pattern For Adani Green Energy Ltd
- Promoters: 60.94%
- FII: 15.15%
- DII: 1.45%
- Public: 22.46%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.adanigreenenergy.com/
Adani Green Energy Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 92.44B | 18.65% |
Operating expense | 23.06B | 44.40% |
Net income | 11.00B | 12.94% |
Net profit margin | 11.90 | -4.80% |
Earnings per share | — | — |
EBITDA | 72.75B | 33.83% |
Effective tax rate | 24.60% | — |
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