Earlier this month, Adani Green, along with its various stepdown subsidiaries, operationalised an aggregate 200 MW power projects at Khavda, Gujarat.
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 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.
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.
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.
Domestic brokerage firms continue to remain positive on Adani Green Energy shares and see up to 40 per cent upside in this multibagger stock from Gautam Adani-led Adani Group.
Revenue from operations for the July–September quarter stood largely unchanged at Rs 3,008 crore against Rs 3,005 crore in Q2 FY25.
Gautam Adani, earlier in July this year, stated that no one from the group has been charged with violating the US Foreign Corrupt Practices Act (FCPA) or conspiring to obstruct justice. He made the remark during the group's annual general meeting (AGM).





