Share price of Adani Green rises as Nifty strengthens

Shares of . gained 1.35 per cent to Rs 1908.15 in Tuesday’s trade as of 10:30AM (IST).

The stock hit a high price of Rs 1928.0 and low of Rs 1892.95 during the session.

The return on equity (ROE) for the stock stood at 18.72 per cent. Traded volume on the counter stood at 10:30AM shares and turnover at Rs 1.6 crore around that time.



The stock of Adani Green Energy Ltd. quoted a 52-week high and 52-week low prices of Rs 3048.0 and Rs 860.2, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.9.

Promotor/FII Holding

Promoters held 61.27 per cent stake in the company as of 31-Mar-2022, while foreign investors held 16.53 per cent and domestic institutional investors had 0.79 per cent.

Key Financials

The company reported consolidated sales of Rs 1587.0 crore for the quarter ended 31-Mar-2022, up 7.89 per cent from previous quarter’s Rs 1471.0 crore and up 46.67 per cent from the year-ago quarter’s Rs 1082.0 crore.

Net profit after tax for the latest quarter stood at Rs 121.0 crore, up 15.24 per cent from the same quarter a year ago.

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