ADANIGREEN Slides for Fifth Straight Session Despite Contract Win
As on 9 Jan 2026, Adani Green Energy (
ADANIGREEN
) extended its losing streak, closing lower for the fifth consecutive trading session. The stock declined 4.32% on the day, even as a positive business update failed to lift sentiment. The company disclosed that its subsidiary, Adani Green Energy Twenty Five B Limited, entered into a Power Consumption Agreement and a Tripartite Agreement to supply 20.8 MW of solar-wind hybrid power to Asahi India Glass. Despite this development, price action remained weak. On a weekly basis, from 4 Jan 2026 to 9 Jan 2026, the stock corrected by around 9%, reflecting sustained selling pressure. Recent sessions have remained dominated by red candles, indicating persistent near-term caution among market participants.
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