$ADANIGREEN Adani Green Energy Ltd

Adani Green Energy Ltd (ADANIGREEN) is currently trading around ₹1,523 per share on the NSE as of June 5 2026 (2:54 PM IST), up roughly 6.8% intraday, marking a strong rally in the renewable‑energy segment. The stock has recently hit a new 52‑week high and continues to attract investor interest following capacity expansion and improved financial performance. 📊 Market Snapshot Metric Latest Value Change Trend Current Price (NSE) ₹1,523 +6.86% intraday Bullish momentum Day Range ₹1,450 – ₹1,527 High volatility Market Cap ₹2.35 L Cr Large‑cap renewable 52‑Week Range ₹1,085 – ₹1,527 New 52‑week high P/E (TTM) 151.7 Expensive valuation Promoter Holding 56.37% Stable ⚡ Latest Developments Capacity Expansion: Added 2.5 GW solar‑wind projects in Rajasthan and Gujarat, raising total operational capacity to 12.8 GW. Green Hydrogen Initiative: MoU with TotalEnergies for a 1 Mtpa green‑hydrogen facility at Mundra. Financials (FY26): Revenue: ₹9,870 Cr (+22% YoY) EBITDA: ₹6,430 Cr (+28% YoY) PAT: ₹1,420 Cr (+31% YoY) Debt Reduction: Net debt‑to‑equity improved to 1.8× from 2.3× last year. 🌍 Sector Context Renewable‑energy stocks advanced after the government announced incentives for hybrid solar‑wind projects. Peers: Adani Energy Solutions (+3.1%), Tata Power (+2.4%), JSW Energy (+1.9%) — Adani Green led the rally. 📈 Technical Outlook Support: ₹1,480 Resistance: ₹1,540 Momentum: Strong; RSI ≈ 72 → overbought but bullish continuation. Short‑term view: Likely consolidation between ₹1,480–₹1,540 before next breakout. 💡 Investor Takeaway Adani Green remains India’s flagship renewable‑energy play, backed by aggressive capacity growth and improving leverage metrics. Traders may trail stops near ₹1,480, while long‑term investors can hold for potential upside toward ₹1,600–₹1,650 as clean‑energy demand accelerates