Adani Green Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Adani Green Energy Financial Trends, Fundamentals, Future Plans and more
We have analyzed many companies related to renewable energy sector, but in this article we are going to talk about Adani Green Energy, a company associated with India’s largest renewable energy sector. It has multiplied people’s money in a few years and has the potential to continue doing so in the future. So let’s analyse the stock of Adani Green Energy Limited.
Hey friends, I am Sachin, an author of this blog. Through this article, we are going to do a detailed analysis of Adani Green Energy Limited Shares. In which we will try to understand the company fundamentals, financial trends, shareholding better. After analyzing all these in detail, we will try to predict Adani Green Share Price Target, so stay tuned till the end of this blog.
About Adani Green Energy
Adani Green Energy is a renewable energy company based in India. It is a part of the Adani Group, founded in 23 January 2015 by Gautam Adani and headquartered in Ahmedabad, Gujarat. Adani Green Energy is one of the largest renewable energy companies in India, with a total installed capacity of over 15 GW as of 2021.
The company is focused on developing solar, wind, and hybrid renewable energy projects across India, and is also involved in the development of energy storage systems. Adani Green Energy has set a target of achieving 25 GW of renewable energy capacity by 2025.
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Adani Green Shareholding Pattern
- Promoters hold 60.75%
- Retail and Others hold 22.74%
- Foreign Institutional Investors hold 15.25%
- Domestic Institutional Investors hold 1.15% and
- Mutual Funds hold 0.11% of Adani Green Share
The promoters’ holding was 60.14% in the September quarter of 2021, which increased to 60.75% in the September quarter of 2022. Similarly, Domestic Institutional Investors holding increased from 0.18% to 1.15%. So the increase in the shareholding of the promoters or any organization is considered good for the stock.
Adani Green Fundamentals
|Market Cap||₹3,03,445 Cr|
|Debt To Equity||7.70|
Adani Green Financial Trends
If we talk about the Revenue and Profit of Adani Green then –
Its revenue in 2019 has been ₹ 2,058 Cr and profit is ₹ -474 Cr. There was a revenue of ₹ 2,549 Cr in 2020 and a profit of ₹ -23.23 Cr. In the same 2021, there was a profit of ₹ 210 crore with a revenue of ₹ 3,124 Cr. And this year i.e. in 2022 there has been a higest profit of ₹ 489 Cr with a revenue of ₹ 5,133 Cr.
Adani Green Share Price Target 2023 – 2030 Table
|Year||Adani Green Share Price|
Adani Green Share Price Target 2023
This stock has given 28% returns to its investors in the last years i.e. from January 2022 to January 2023, which is quite good. But has given -4% returns in 6 months which is not good. This may also be due to, in the September quarter of 2022, there was a very low profit of 696 crores, while in the quarter of June 2022, its profit was 4780 crores.
Considering these, Adani Green Share Price Target 2023 can be ₹1900 and second target can be ₹1950.
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Adani Green Share Price Target 2024
Company’s fundamentals are not that good, currently its ROE is 20.40% which is fine but its EPS is 3.38 which is not good compared to its price. Adani Green’s P/E ratio is 567 which is higher than its Industries P/E ratio which is 17.79. And this stock is trading much less than its book value, now its price is trading around 1800 and its book value is 16.71. So if the company corrects its fundamentals then only we will see a good rally.
Considering these, the first and second Adani Green Share Price Target 2024 can be ₹2200 and ₹2360 respectively.
Adani Green Share Price Target 2025
Adani Green had a huge loss in 2019 and 2020 but in 2022 it made the highest profit of 489 crores. The company’s revenue and profit are multiplying very fast, due to which the interest of many investors is going behind this stock of Adani. With this company, many steps are being taken and renewable energy sources are being used, which will lead to better growth in the future.
By these, we can conclude the Adani Green Share Price Target 2025 can be ₹2560 and second price can be ₹2640. So, investing in this share can be beneficial in long term, so if you want to invest then invest but wisely and for long term.
Adani Green Share Price Target 2030
Adani Green Energy has a huge debt of 52,041 crores which is much more than its equity and is not considered good. Its debt to equity is very high of 7.70 and generaly whose debt to equity is less than 1 is considered well. Due to having more debt, investing in it can be a bit risky, but if the company is able to reduce debt, it can be profitable in the long term.
Taking these into account, Adani Green Share Price Target 2030 can be ₹5600 and if the company hits this target then we can get to see higest price of ₹6000. For more details about the share, watch this video –
There are many pros and cons of Adani Green Energy share as well. So in such a situation it becomes a bit difficult to tell whether it will be right to invest in it or not. Currently the company is coming down from its all time high and it is a bit difficult to tell how much further it will fall. What do you think? it would be right to invest in it or not? tell in the comment below.
The Adani Green Share Price Target 2023, 2024, 2025, 2026, 2030 that has been told on the basis of technical analysis and its technical time keeps on changing from time to time. That’s why this price target is not accurate, if you invest in it, do it on the basis of your research and never invest due to greed.
What will be the share price of Adani Green in 2025?
According to our predicted Price, we can get to see share price of Adani Green in 2025 of INR 2560 to INR 2600.
What will be the share price of Adani Green in 2030?
According to our analysis, we can get to see share price of Ambuja Cement in 2030 of INR 5600 to INR 6000.
Is Adani Green a debt free company?
No, the Adani Green has a huge debt of ₹52,041 crore and its debt to equity ratio is 7.70.
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