The demand for businesses like Adani Green Energy has increased as the world shifts more and more towards renewable energy sources. With a current market worth of more than $20 billion, Adani Green Energy Limited (AGEL) is one of India’s major renewable energy businesses. With a concentration on wind and solar energy projects, the company has made progress in growing its portfolio and operational capacity.
Investors and experts have been speculating on the share price objective for Adani Green Energy for the upcoming years while closely monitoring the company’s performance. The forecast for Adani Green Energy appears promising due to a supportive regulatory environment and rising public awareness of the value of sustainable energy.
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ADANI GE IN RECENT NEWS
- Adani Green Energy’s capacity increased by 49% in FY23, resulting in a rise in its share price.
ADANI GE SHARE PRICE TARGET 2023
| ADANI GE SHARE PRICE TARGET 2023 | Maximum Price | Minimum Price |
| April 2023 | ₹916.35 | ₹704.88 |
| May 2023 | ₹763.63 | ₹587.40 |
| June 2023 | ₹916.35 | ₹704.88 |
| July 2023 | ₹1,099.62 | ₹845.86 |
| August 2023 | ₹1,209.58 | ₹930.45 |
| September 2023 | ₹1,270.06 | ₹976.97 |
| October 2023 | ₹1,209.58 | ₹930.45 |
| November 2023 | ₹1,330.54 | ₹1,023.49 |
| December 2023 | ₹1,490.21 | ₹1,146.31 |
Based on the data provided, it appears that Adani Green Energy’s share price is expected to experience some fluctuations throughout 2023, with some months showing a potential increase in price and others showing a potential decrease. April 2023 is projected to have a price range of ₹916.35 to ₹704.88, which may increase from the previous month. May 2023 is forecast to decrease to a range of ₹763.63 to ₹587.40, potentially due to various market factors. However, June 2023 is expected to rise again to a range of ₹916.35 to ₹704.88. From there, the share price is projected to continue increasing, reaching a high point in September 2023 with a range of ₹1,270.06 to ₹976.97. The share price is expected to remain relatively high in October 2023 and reach its highest point for the year in November 2023 with a projected range of ₹1,330.54 to ₹1,023.49. The year is expected to end on a high note with December 2023 projected to have a price range of ₹1,490.21 to ₹1,146.31.
ADANI GE SHARE PRICE TARGET 2024
| ADANI GE SHARE PRICE TARGET 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹1,568.64 | 1037.03 |
| February 2024 | ₹1,762.51 | ₹1,468.76 |
| March 2024 | ₹1,855.28 | ₹1,508.36 |
| April 2024 | ₹1,686.62 | ₹1,297.40 |
| May 2024 | ₹1,405.51 | ₹1,081.16 |
| June 2024 | ₹1,686.62 | ₹1,297.40 |
| July 2024 | ₹1,433.62 | ₹1,111.34 |
| August 2024 | ₹1,576.99 | ₹1,251.58 |
| September 2024 | ₹1,655.83 | ₹1,273.72 |
| October 2024 | ₹1,948.04 | ₹1,498.49 |
| November 2024 | ₹2,045.44 | ₹1,573.42 |
| December 2024 | ₹2,086.35 | ₹1,604.89 |
Looking ahead to 2024, Adani Green Energy’s share price is expected to continue its upward trajectory. In January 2024, the projected range is ₹1,568.64 to ₹1,037.03. The maximum price is significantly higher than the maximum for the previous year. The share price is projected to remain high in February and March, with ranges of ₹1,762.51 to ₹1,468.76 and ₹1,855.28 to ₹1,508.36, respectively. In April and June, the share price is projected to range between ₹1,686.62 and ₹1,297.40, which is similar to the range seen in June 2023. In July and August, the share price is expected to remain relatively high with a projected range of ₹1,433.62 to ₹1,251.58. September is projected to see a slight increase, with a range of ₹1,655.83 to ₹1,273.72. In October, the share price is projected to reach a new high, with a range of ₹1,948.04 to ₹1,498.49. November 2024 is expected to see a further increase, with a range of ₹2,045.44 to ₹1,573.42, and in December 2024, the range is projected to be between ₹2,086.35 and ₹1,604.89, representing a potential decrease from the previous month’s maximum price. The maximum price target for 2024 is ₹2,086.35, and the minimum price target is ₹1,037.03.
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ADANI GE SHARE PRICE TARGET 2025
| ADANI GE SHARE PRICE TARGET 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹2,128.08 | ₹1,636.98 |
| February 2025 | ₹2,240.08 | ₹1,723.14 |
| March 2025 | ₹2,352.09 | ₹1,809.30 |
| April 2025 | ₹2,100.08 | ₹1,615.44 |
| May 2025 | ₹1,909.16 | ₹1,468.59 |
| June 2025 | ₹2,100.08 | ₹1,615.44 |
| July 2025 | ₹2,000.07 | ₹1,538.52 |
| August 2025 | ₹2,083.41 | ₹1,602.62 |
| September 2025 | ₹2,187.58 | ₹1,682.75 |
| October 2025 | ₹2,318.84 | ₹1,783.72 |
| November 2025 | ₹2,481.15 | ₹1,908.58 |
| December 2025 | ₹2,530.78 | ₹1,946.75 |
In January 2025, the projected range is ₹1,636.98 to ₹2,128.08. In February 2025, the range is ₹1,723.14 to ₹2,240.08. In March 2025, the range is ₹1,809.30 to ₹2,352.09. April 2025 has a range of ₹1,615.44 to ₹2,100.08. May 2025 has a range of ₹1,468.59 to ₹1,909.16. June 2025 has a range of ₹1,615.44 to ₹2,100.08. July 2025 has a range of ₹1,538.52 to ₹2,000.07. August 2025 has a range of ₹1,602.62 to ₹2,083.41. September 2025 has a range of ₹1,682.75 to ₹2,187.58. In October 2025, the projected range is ₹1,783.72 to ₹2,318.84. In November 2025, the range is ₹1,908.58 to ₹2,481.15. December 2025 has a range of ₹1,946.75 to ₹2,530.78. The maximum share price target for 2025 is ₹2,530.78, and the minimum share price target is ₹1,468.59.
ADANI GE SHARE PRICE TARGET 2026 TO 2030
| ADANI GE SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹1,771.54 | ₹1,240.08 |
| 2027 | ₹1,505.81 | ₹1,054.07 |
| 2028 | ₹2,710.46 | ₹1,897.32 |
| 2029 | ₹5,567.71 | ₹3,897.40 |
| 2030 | ₹6,200.41 | ₹4,340.28 |
Based on the available data, the maximum and minimum share price targets for Adani Green Energy in 2026 are expected to be ₹1,771.54 and ₹1,240.08, respectively. Moving forward, in 2027, the share price target is projected to decrease, with a maximum and minimum range of ₹1,505.81 and ₹1,054.07. However, in 2028, the share price is expected to significantly increase, with a projected maximum and minimum range of ₹2,710.46 and ₹1,897.32, respectively. In 2029, the share price target is projected to reach new highs, with a maximum and minimum range of ₹5,567.71 and ₹3,897.40. Finally, in 2030, the share price target is expected to remain high, with a projected maximum and minimum range of ₹6,200.41 and ₹4,340.28.
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FINANCIAL STRENGTH OF ADANI GREEN ENERGY (2018 TO 2022)
| ANNUAL | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Total Revenue | 5,577.00 | 3,599.00 | 2,629.07 | 2,131.00 | 1,531.41 |
| Total Revenue Growth (%) | 54.96 | 36.89 | 23.37 | 39.15 | 163.15 |
| Total Expenses | 5,089.00 | 3,328.00 | 2,487.53 | 2,715.65 | 1,741.59 |
| Total Expenses Growth (%) | 52.91 | 33.79 | -8.40 | 55.93 | 127.40 |
| Profit after Tax (PAT) | 489.00 | 210.00 | -23.23 | -473.91 | -137.52 |
| PAT Growth (%) | 132.86 | – | – | – | – |
| Operating Profit Margin (%) | 60.49 | 71.19 | 44.58 | 26.07 | 23.07 |
| Net Profit Margin (%) | 9.52 | 6.72 | -0.91 | -23.02 | -9.28 |
| Basic EPS (₹) | 2.41 | 0.68 | -0.74 | -3.57 | -0.88 |
FAQ’s
What is the financial bank statement of ADANI GREEN ENERGY?
The financial bank statement of ADANI GREEN ENERGY shows the company’s financial performance for the last five years. It includes information on total revenue, total expenses, profit after tax (PAT), operating profit margin, net profit margin, and basic EPS.
What is the growth percentage of ADANI GREEN ENERGY’s total revenue?
ADANI GREEN ENERGY’s total revenue has seen a growth percentage of 54.96%, 36.89%, 23.37%, 39.15%, and 163.15% for the fiscal years 2022, 2021, 2020, 2019, and 2018 respectively.
How has the company’s PAT grown over the years?
ADANI GREEN ENERGY’s PAT has grown by 132.86% for the fiscal year 2022 compared to the previous year. However, there is no data available for PAT growth for the previous years.
What is the maximum and minimum revenue of ADANI GREEN ENERGY for the last five years?
The maximum revenue of ADANI GREEN ENERGY for the last five years is ₹5,577.00 crores, and the minimum revenue is ₹1,531.41 crores.
What is the net profit margin of ADANI GREEN ENERGY for the fiscal year 2022?
The net profit margin of ADANI GREEN ENERGY for the fiscal year 2022 is 9.52%.
What is the basic EPS of ADANI GREEN ENERGY for the fiscal year 2021?
The basic EPS of ADANI GREEN ENERGY for the fiscal year 2021 is ₹0.68.
What is the operating profit margin of ADANI GREEN ENERGY for the fiscal year 2018?
The operating profit margin of ADANI GREEN ENERGY for the fiscal year 2018 is 23.07%.
What is the maximum share price target of ADANI GREEN ENERGY in 2029?
The maximum share price target of ADANI GREEN ENERGY in 2029 is Rs. 5567.71
What is the maximum share price target of ADANI GREEN ENERGY in 2030?
The maximum share price target of ADANI GREEN ENERGY in 2030 is Rs. 6200.41
CONCLUSION: ADANI GREEN ENERGY SHARE PRICE TARGET
It is clear from ADANI GREEN ENERGY’s financial statements for the previous five years that the business has had great growth in terms of total sales, PAT, and profit growth. The company’s operating profit margin and net profit margin have both gotten better as a result of regular increases in revenue and net income. Even though there were times when the business’s expenses exceeded its income, it nevertheless managed to demonstrate a general upward tendency in terms of profit growth. These positive financial indicators imply that ADANI GREEN ENERGY represents an excellent investment opportunity for those seeking long-term growth potential in the renewable energy industry.
