Adani Green Energy is currently trading at Rs. 742.25, up by 4.40 points or 0.60% from its previous closing of Rs. 737.85 on the BSE.
The scrip opened at Rs. 745.00 and has touched a high and low of Rs. 755.00 and Rs. 714.05 respectively. So far 183499 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 749.90 on 1-Oct-2020 and a 52 week low of Rs. 55.50 on 03-Oct-2019.
Last one week high and low of the scrip stood at Rs. 755.00 and Rs. 627.20 respectively. The current market cap of the company is Rs. 115283.49 crore.
The promoters holding in the company stood at 74.92%, while Institutions and Non-Institutions held 21.71% and 3.38% respectively.
Adani Green Energy (AGEL) has completed the acquisition of 205 MW operating solar assets from Essel Green Energy (EGEPL) and Essel Infraprojects (EIL). The assets are located in Punjab, Karnataka and Uttar Pradesh. All the assets have long term Power Purchase Agreements (PPAs) with various state electricity distribution companies. The portfolio is relatively young with average remaining PPA life of approximately 21 years. The acquired assets will be held 100% by Adani Renewable Energy Holding Ten, a 100% subsidiary of AGEL. The acquisition marks the first operational portfolio acquisition by AGEL.
Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind.
| Company Name | CMP |
|---|---|
| NTPC | 398.70 |
| Tata Power | 442.80 |
| Adani Power | 229.90 |
| Power Grid Corp | 319.30 |
| Torrent Power | 1733.40 |
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