Introduction
In the current investment landscape, identifying lucrative shares is crucial for maximizing returns. Adani Green Energy Limited, a prominent player in India’s renewable energy sector, has shown substantial growth potential. This blog delves into Adani Green Share Price Target for 2024, 2025, 2027, 2030, and 2040, offering insights into the company’s financial health, business strategy, and market position.
What is Adani Green Energy Limited?
Adani Green Energy Limited (AGEL) is an Indian renewable energy company established in 2015. Headquartered in Ahmedabad, AGEL is a subsidiary of the Adani Group, focusing on solar and wind energy. The company operates a wind and solar power plant portfolio of 5,280 MW across 11 Indian states.
Overview of Adani Green Energy Limited
Incorporated under the Companies Act in 2013, AGEL has grown to operate 46 renewable energy projects. The company’s market capitalization stands at ₹2,97,814.78 crore, with a book value of ₹28.12 and a face value of ₹10. AGEL’s 52-week high is ₹2,245.85, and its 52-week low is ₹816.
Company Name | Adani Green Energy Limited |
Market Cap | ₹2,97,814.78 Crore |
Book Value | ₹28.12 |
Face Value | ₹10 |
52 Week High | ₹2,245.85 |
52 Week Low | ₹816 |
P/B | 68.12 |
DIV. YIELD | 0% |
Financial Data Analysis
AGEL’s financial performance, including key ratios such as PE, ROA, current ratio, and ROE, provides a comprehensive view of its stability and growth prospects.
Metric | Value |
PE Ratio | 233.1 |
Return on Assets (ROA) | -1.59% |
Current Ratio | 0.72 |
Return on Equity (ROE) | -11.73% |
Historical Performance
AGEL’s shares have demonstrated a bullish trend, offering significant returns to investors. Over the last five years, the share price has surged by 4,212.14%, highlighting the company’s robust growth trajectory.
Period | Growth |
Last 6 Months | +14.83% |
Last 1 Year | +89.23% |
Last 5 Years | +4,212.14% |
Maximum | +6,232.77% |
Share Price Targets
Adani Green 2024 Price Targets:
AGEL’s strategic focus on solar energy projects has significantly boosted its earnings. With substantial growth in total revenue and operating revenue, the share price target for 2024 is set at ₹1,880.74, with a secondary target of ₹2,025.26.
Year | Price Target 1 | Price Target 2 |
2024 | ₹1,880.74 | ₹2,025.26 |
Adani Green 2025 Price Targets:
The company’s expansive solar operations and ambitious development plans project the share price to reach ₹2,245.63 by 2025, with a secondary target of ₹2,541.52.
Year | Price Target 1 | Price Target 2 |
2025 | ₹2,245.63 | ₹2,541.52 |
Adani Green 2027 Price Targets:
AGEL’s diversified portfolio, including hybrid and wind projects, supports a projected share price target of ₹2,910.66 for 2027, with a secondary target of ₹3,174.45.
Year | Price Target 1 | Price Target 2 |
2027 | ₹2,910.66 | ₹3,174.45 |
Adani Green 2030 Price Targets:
With continued growth in renewable energy projects and expanding market presence, AGEL’s share price target for 2030 is projected to be ₹3,847.41, with a secondary target of ₹4,189.45.
Year | Price Target 1 | Price Target 2 |
2030 | ₹3,847.41 | ₹4,189.45 |
Adani Green 2040 Price Targets:
By 2040, leveraging advancements in hybrid power generation and international market expansion, AGEL’s share price target is anticipated to reach ₹7,445.65, with a secondary target of ₹7,741.78.
Year | Price Target 1 | Price Target 2 |
2040 | ₹7,445.65 | ₹7,741.78 |
Peer Comparison
AGEL competes with several prominent companies in the renewable energy sector, including Tata Power Limited, GVK Power and Infrastructure Limited, Agni Green, and Banka Bioloo. These comparisons offer insights into AGEL’s market positioning and growth potential.
Investors and Holding Patterns
AGEL’s investor base comprises promoters, public investors, FIIs, and DIIs, each contributing to the company’s growth dynamics.
Investor Type | Holding Percentage |
Promoters | 56.20% |
Public | 23.30% |
FII | 19.10% |
DII | 1.40% |
Advantages and Disadvantages
Advantages:
- Robust revenue growth (70.12% in the last 3 years).
- Strong promoter holding capacity (56.20%).
- Increasing FII investor ratio.
Disadvantages:
- Poor profit growth (-215.52% in the last 3 years).
- Low ROE percentage (-8.30% in the last 3 years).
- High debt with a low interest cover ratio (0.69).
Also Read: Adani Ports Share Price Target 2024, 2025, 2027, 2030, 2040
FAQs
Conclusion
Adani Green Energy Limited presents a compelling investment opportunity in the renewable energy sector, driven by its strategic focus and robust growth trajectory. While the company has some challenges, its long-term prospects appear promising, particularly for investors looking for exposure to sustainable energy solutions.
Disclaimer: We are not SEBI-registered advisors. The financial market is always risky. This website is for educational purposes. Consult with certified experts before investing. We will not be responsible for anyone’s profit or loss.
Samvardhana Motherson Share Price Target 2024 – 2050
★★★★★ Samvardhana Motherson International Ltd (SMIL) is a leading automotive supplier based in India, recognized…
ONGC Share Price Target: 2024, 2025, 2027, 2030, 2040 – An In-Depth Analysis
★★★★★ Investing in a well-established energy company can offer substantial returns, especially when the company…
IDBI Bank Share Price Target 2024, 2025, 2027, 2030, 2040
Investors looking to assess potential growth and investment opportunities in IDBI Bank may find this…
Indus Towers Share Price Target 2024, 2025, 2026, 2027 and 2030
Rating 4/5★★★★★ When considering the best shares to invest in, one cannot overlook the potential…
JSW Steel Share Price Target 2024, 2025, 2027, 2030 and 2040
Rating 4/5★★★★★ Investing in the stock market requires a deep understanding of a company’s financial…
Kotak Mahindra Share Price Target: 2024, 2025, 2027 and 2030
Rating 4/5★★★★★ When considering the best shares to invest in, one cannot overlook the potential…