Adani Green Energy receives buy rating amid expansion plans
after close1 source ↓written by the desknot a recommendation
- growth visibility toward
- 50 GW capacity
- cap stands
- ₹2,05,757 cr
- with shares rising
- 2.29%
- ₹1,258.50
Adani Green Energy Ltd has received a Buy rating from Jefferies, which raised its target price due to strong long-term growth visibility toward 50 GW capacity. The company’s market cap stands at ₹2,05,757 cr, with shares rising 2.29% to ₹1,258.50. This positions the firm favorably amid supportive clean energy policies and robust EBITDA growth.
The focus on disciplined execution and rising revenues may enhance investor sentiment, potentially driving further interest in the stock.
Not investment advice. For informational purposes only.