JSW Energy has been tagged with a ‘Buy’ rating and a target price of Rs 697, suggesting a potential upside of over 50% from current levels.
TotalEnergies is developing solar and onshore wind projects, mainly through joint-venture with Adani Green Energy in India. It also markets integrated solar solutions in the commercial and industrial segments.
Adani Green Energy shares were trading on a flat note at Rs 1002.90 today against the previous close of Rs 1009.55.
Adani Green Energy stock ended at Rs 1022.65 on Tuesday. Market cap of Adani Green Energy stood at Rs 1.68 lakh crore.
Adani Green Energy share price: Systematix noted that the stock is currently positioned near the lower end of this band and has begun to show renewed strength and accumulation.
The green energy stock rose 4.89% to Rs 237 on Monday. Market cap of the firm rose to Rs 5,556.89 crore.
The awarded Balance of System (BOS) package covers three solar power projects at the Khavda Renewable Energy Park in Gujarat, one of the world's largest renewable energy developments.
Shares of Adani Green Energy shall remain in focus amid the surfacing reports citing sources that France-based energy company TotalEnergies is eyeing to sell up to 6 per cent stake.
Bondada Engineering formalised a five-year strategic agreement with the Adani Group for renewable energy design and construction.
GQG Partners raised its stakes in five Adani Group companies which are Adani Enterprises, Adani Ports, Adani Green Energy, Adani Energy Solutions, and Adani Power.
The capacity expansion is projected to drive robust financial performance. JM Financial expects the company to deliver a CAGR of 29 per cent in revenue, 32 per cent in EBITDA, and 41 per cent in PAT between FY25 and FY28.





