$ADANIGREEN

Adani Green Energy Ltd surged more than 3 percent on Tuesday following a large block deal involving the sale of approximately 2.1 crore shares, representing around 1.3 percent of the company's equity. The stock ended the session 2.8 percent higher at Rs 1,532 after hitting a fresh 52-week high of Rs 1,544.8. At the close, the company's market capitalisation stood at nearly Rs 2.52 lakh crore, implying that the stake traded in the block deal was valued at roughly Rs 3,200 crore. Adani Green has significantly outperformed the broader market over the past year, with its shares gaining 48.1 percent compared with a 7.4 percent decline in the Nifty 50. The block deal comes as investors closely track the renewable energy major's ambitious expansion plans. Adani Green recently reaffirmed its goal of increasing installed capacity from 19.3 GW in FY26 to 50 GW by 2030, including 5 GW of pumped storage projects, according to a recent Jefferies report. management remains confident of adding around 5 GW of renewable energy capacity annually, supported by the ongoing development of the Khavda renewable energy project in Gujarat.