Adani Green Energy Shares Rise over 6% Amidst Market Rally and Strategic Developments

Stock Performance:

Adani Green Energy Ltd  experienced a significant uptick in its share price on May 12, 2025, closing at ₹939.60, marking a 6.84% increase from the previous close of ₹879.45. This surge aligns with a broader market rally, as the BSE Sensex soared by over 2,975 points, buoyed by easing geopolitical tensions and positive global economic indicators.

Reasons for increase in share price along with financial data: 

In a recent move,  it allotted 5.39 million equity shares to Ardour, a member of its promoter group, upon the conversion of equivalent warrants. This allotment increased the company's paid-up equity share capital to approximately 1.598 billion shares, reflecting ongoing strategic capital management efforts. Additionally, Adani Electricity, a subsidiary of the Adani Group, floated a tender for 4,000 MWh of energy storage capacity. This initiative underscores the group's commitment to enhancing its renewable energy infrastructure and storage capabilities. On 2nd May, 2025 the company declared its Q4FY25 results and For the quarter ended March 2025,  reported a net profit of ₹292 crore, reflecting a 10.2% year-on-year growth. The company's EBITDA surpassed USD 1 billion for the fiscal year, indicating strong operational performance and financial resilience.

Market Outlook

Adani Green Energy Limited (NSE: ADANI GREEN) is having a strong rally in its stock price. The stock has been witnessing a significant rise of 6.62%, with a price of INR 937.65. This strong positive movement is considered to be showing strong investor enthusiasm for the firm.Adani Green Energy is also termed as being a strong player in the clean energy space. Investors need to watch the company's quarterly numbers and new project announcements closely. A possible breakout above INR 950 may propel the stock further. The company also targets 5 GW of clean energy addition in FY26, with a capital expenditure of $3.6 billion.

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