Share of Adani Green Energy Limited is currently trading at around Rs.886/- Existing as well as prospective investors are asking for the Adani Green share price target from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of Adani Green Energy Limited and based on our discussion and analysis will tell you the Adani Green Share Price Target from 2023 to 2030.
Following are the frequently asked questions by the existing as well as prospective investors, about the Adani Green Energy Limited :
- Is Adani Green a good buy?
- What is the future growth of Adani Green?
- Can we buy Adani Green share?
- What is Adani Green Share Price Target for 2023 ?
Discussion & Analysis of Business & Financial performance of Adani Green Energy Limited :
Adani Green Energy Limited is an Indian renewable energy company, which is a subsidiary of the Adani Group. The company primarily focuses on generating and distributing solar and wind energy. Adani Green Energy Limited was established in 2015 and has since then grown exponentially.
Financial Performance:
Adani Green Energy Limited has shown remarkable financial performance in recent years. In the financial year 2021, the company reported a revenue of INR 3,256.40 crores, which was a 14.3% increase from the previous year. The company also reported a net profit of INR 1,044.33 crores, which was a 65.9% increase from the previous year. These numbers show that Adani Green Energy Limited is growing at a steady pace, and its financial performance is improving year-on-year.
Business Performance:
Adani Green Energy Limited has made significant strides in the renewable energy sector. As of March 2021, the company has an installed capacity of 15.25 GW, making it one of the largest renewable energy companies in India. The company has also secured a significant number of projects in various states across India. In recent years, Adani Green Energy Limited has been at the forefront of India’s solar energy revolution. The company has set up some of the largest solar projects in the country, including the 648 MW Kamuthi Solar Power Project in Tamil Nadu and the 1.18 GW Solar Power Project in Rajasthan. The company has also set up wind energy projects in various states across India.
Adani Green Energy Limited has also been expanding its presence internationally. In 2020, the company acquired a 100% stake in two solar power plants with a combined capacity of 40 MW in Uttar Pradesh, India. The company has also acquired a 50 MW solar plant in Dhule, Maharashtra, India. Adani Green Energy Limited has also signed agreements to set up renewable energy projects in various countries, including Oman and Australia. The company’s international expansion is expected to continue in the coming years, making it a major player in the global renewable energy market.
Conclusion:
Adani Green Energy Limited has shown remarkable financial and business performance in recent years. The company’s revenue and net profit have been increasing steadily, indicating its financial stability and growth potential. The company’s business performance has also been impressive, with a large installed capacity and a significant number of projects secured across India and internationally. Adani Green Energy Limited is expected to continue growing and expanding its presence in the renewable energy market, making it a significant player in the sector.
Adani Green Share Price Target 2023
Based on the above discussion and analysis, the share price of Adani Green may touch the level of around Rs.900-950 in 2023.
Adani Green Share Price Target 2024
Based on the above discussion and analysis, the share price of Adani Green is likely to touch the level of around Rs.1000-1050 in 2024
Adani Green Share Price Target 2025
Based on the above discussion and analysis, the share price of Adani Green is likely to remain in the range of Rs.1100-1150 in 2025.
Adani Green Share Price Target 2026
Based on the above discussion and analysis, the share price of Adani Green may touch the level of around Rs.1200-1250 in 2026.
Adani Green Share Price Target 2027
Based on the above discussion and analysis, the share price of Adani Green is likely to touch the level of around Rs.1300-1350 in 2027
Adani Green Share Price Target 2028
Based on the above discussion and analysis, the share price of Adani Green is likely to remain in the range of Rs.1400-1450 in 2028
Adani Green Share Price Target 2029
Based on the above discussion and analysis, the share price of Adani Green is likely to touch the level of around Rs.1500-1550 in 2029
Adani Green Share Price Target 2030
Based on the above discussion and analysis, the share price of Adani Green is likely to remain in the range of Rs.1600-1650 in 2030
Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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