Adani Green Energy Share Price Today Soars 7% - Details

Adani Green Energy saw its stock price surge by 7% on Wednesday's trading session, reaching an intraday high of Rs 1,080 per share on the Bombay Stock Exchange ( BSE ).

The strong uptrend in the stock came after the company’s arm, Adani Renewable Energy Forty Eight, announced the commissioning of a 57.2 MW wind power component of its wind-solar hybrid project in Gujarat.

Adani Green Energy Share Price Today 
The stock opened at Rs 1,036.00 and reached a high of Rs 1,080.00 during the day. As of 12:22 PM, the stock was trading at Rs 1,038.55, showing a gain of Rs 31.00 (+3.08%). The previous close stood at Rs 1,007.55.

Renewable Energy Expansion Boosts Operational Capacity
According to the company's filing, Adani Renewable Energy Forty Eight has operationalized the wind power plant at Khavda, Gujarat, marking a significant step in expanding Adani Green Energy’s renewable generation portfolio. With this addition, the total operational renewable generation capacity of Adani Green Energy now stands at 11,666.1 MW.

‘“Adani Renewable Energy Forty Eight Limited, a step-down subsidiary of Adani Green Energy Limited ("AGEL") has commissioned a 57.2 MW wind power component of its wind-solar hybrid project at Khavda, Gujarat,’ as mentioned in the exchange filing.

The plant's commissioning was approved at 2:51 PM on January 14, 2025, and power generation from the facility is set to commence on January 15, 2025.

Adani Green Energy Share Price History 
Over the past five years, Adani Green Energy’s stock has seen a remarkable surge of 449.50%. However, the stock has faced challenges in recent years, with a decline of 38.88% over the past three years and a similar dip of 38.71% over the past year. In the last six months, the stock has dropped by 40.41%, with a further decrease of 13.53% over the last month. Despite this, the stock has shown signs of a recovery, gaining 4.83% in the past week.

As of today, Adani Green Energy's market capitalization stands at Rs 1,64,509.69 crore. The stock's 52-week high was Rs 2,173.65 per share, while the 52-week low reached Rs 870.9 per share.

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