Should I buy Adani Green Energy stock in India in 2025?
Is it the right time to buy Adani Green Energy?
ScoreAdani Green Energy Limited (AGEL) stands as India’s foremost player in the fast-expanding renewable energy sector. As of early July 2025, its shares are trading at around ₹1,008.50 on NSE, with an average daily trading volume of 3.24 million shares—a testament to strong investor engagement despite past volatility. The company’s recent financials reveal robust double-digit growth: quarterly revenue rose 20.8% and net quarterly profit advanced 53.3% year-on-year, both surpassing market expectations. Strategic milestones include achieving over 15 GW of installed green capacity and progressing major projects like the record-breaking renewable park at Khavda. While the stock has seen notable price declines over the past year amid broader Adani group headwinds, market sentiment remains constructive, underpinned by India's policy drive for clean energy and AGEL’s clear expansion roadmap towards 50 GW by 2030. Leadership transitions and continued innovation further reinforce its long-term trajectory. According to consensus from more than eight national and international banks, a target price of ₹1,311 reflects growing confidence in the company’s resilience and sectoral opportunities. With India’s renewable sector gaining momentum, Adani Green Energy presents itself as a compelling consideration for forward-looking investors.
- ✅India’s largest pure renewable energy company, with 15 GW operational capacity and rapid expansion.
- ✅Annual revenue growth exceeding 20%, and strong EBITDA and net profit momentum.
- ✅Clear government policy support for renewable energy transition enhances long-term visibility.
- ✅Diverse portfolio with hybrid solar, wind, and storage projects in high-growth markets.
- ✅Long-term offtake contracts reduce revenue volatility and strengthen business resilience.
- ❌High price-to-earnings ratio reflects rich valuation versus sector peers.
- ❌Recent 1-year share price decline highlights near-term volatility and sector challenges.
Score- ✅India’s largest pure renewable energy company, with 15 GW operational capacity and rapid expansion.
- ✅Annual revenue growth exceeding 20%, and strong EBITDA and net profit momentum.
- ✅Clear government policy support for renewable energy transition enhances long-term visibility.
- ✅Diverse portfolio with hybrid solar, wind, and storage projects in high-growth markets.
- ✅Long-term offtake contracts reduce revenue volatility and strengthen business resilience.
Is it the right time to buy Adani Green Energy?
- ✅India’s largest pure renewable energy company, with 15 GW operational capacity and rapid expansion.
- ✅Annual revenue growth exceeding 20%, and strong EBITDA and net profit momentum.
- ✅Clear government policy support for renewable energy transition enhances long-term visibility.
- ✅Diverse portfolio with hybrid solar, wind, and storage projects in high-growth markets.
- ✅Long-term offtake contracts reduce revenue volatility and strengthen business resilience.
- ❌High price-to-earnings ratio reflects rich valuation versus sector peers.
- ❌Recent 1-year share price decline highlights near-term volatility and sector challenges.
Score- ✅India’s largest pure renewable energy company, with 15 GW operational capacity and rapid expansion.
- ✅Annual revenue growth exceeding 20%, and strong EBITDA and net profit momentum.
- ✅Clear government policy support for renewable energy transition enhances long-term visibility.
- ✅Diverse portfolio with hybrid solar, wind, and storage projects in high-growth markets.
- ✅Long-term offtake contracts reduce revenue volatility and strengthen business resilience.
- What is Adani Green Energy?
- The Adani Green Energy Stock Price
- Our full analysis on the Adani Green Energy stock
- How to buy Adani Green Energy stock in India
- Our 7 tips for buying Adani Green Energy stock
- The latest news about Adani Green Energy
- FAQ
- On the same topic
Why trust HelloSafe ?
At HelloSafe, our expert has been tracking the performance of Adani Green Energy for over three years. Every month, over a million users in India trust us to decipher market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, paid by Adani Green Energy.
What is Adani Green Energy?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | India | Adani Green Energy is a leading renewable energy company based in India. |
| 💼 Market | NSE, BSE (India) | The stock is actively traded on both major Indian stock exchanges for easy access. |
| 🏛️ ISIN code | INE364U01010 | This ISIN uniquely identifies Adani Green Energy for global and domestic investors. |
| 👤 CEO | Amit Singh (until 31 March 2025), then Ashish Khanna | Leadership transition in 2025 signals a new phase of growth for the company. |
| 🏢 Market cap | ₹1,63,639 crores | A large market cap reflects its dominant position in India's renewable energy sector. |
| 📈 Revenue | ₹9,495 crores (FY25) | Strong revenue growth is driven by rapid capacity expansion and robust demand. |
| 💹 EBITDA | ₹8,818 crores (FY25) | High EBITDA indicates efficient operations and solid cash generation capabilities. |
| 📊 P/E Ratio (Price/Earnings) | 98.3–120.6 | High P/E signals strong growth expectations but also reflects valuation risks for investors. |
The Adani Green Energy Stock Price
The price of Adani Green Energy stock is falling this week. The current share price stands at ₹1,008.50, reflecting a decrease of ₹10.50 (-1.03%) in the last 24 hours and a 4.40% drop over the week. With a market capitalization of ₹1,63,639 crores and an average daily volume of 3.24 million shares in the past three months, Adani Green Energy trades at a high P/E ratio between 98.3 and 120.6, and does not currently pay a dividend. The stock beta ranges from 0.81 to 1.95, indicating a degree of volatility. This dynamic profile highlights both potential for significant movement and the appeal of India’s fast-growing renewable energy sector.
Our full analysis on the Adani Green Energy stock
After reviewing Adani Green Energy’s latest financial results and tracking the stock’s performance over the past three years, we have leveraged advanced algorithms that unify fundamental metrics, technical indicators, current market data, and competitor benchmarks to provide a holistic perspective. This approach reveals how Adani Green Energy’s robust operational growth, expanding market presence, and strong sector positioning are converging in a period of transformation for India’s renewables landscape. So, why might Adani Green Energy stock once again become a strategic entry point into the clean energy sector in 2025?
Recent performance and market context
Adani Green Energy’s share price currently stands at ₹1,008.50, after a 1.03% intraday decline and a weekly loss of 4.4%. Although the past year witnessed a broader correction, with a 43% dip, the past quarter saw demand stabilizing as investors adjusted their outlook in response to sector headwinds and Adani group developments. Positive momentum is emerging, supported by outperforming quarterly earnings—with net profits up 53% year-on-year and revenues growing 23% for FY25—powered by aggressive domestic expansion and robust national renewable policy support. India’s ambitious green energy targets and infrastructure development continue to create a constructive macro backdrop for Adani Green Energy, with policy initiatives steadily driving sector-wide investment flows.
Technical analysis
A detailed technical review shows encouraging signs of a forthcoming turnaround. The 14-day RSI sits at 44.3, suggesting the stock is not overbought, thus presenting healthy room for upward movement as buying interest picks up. MACD recently triggered a buy signal (0.29), indicating possible near-term reversal momentum. Despite a negative bias on shorter moving averages, the price has remained well-supported near ₹1,001, with further underlying support at ₹993. Crucially, the stock sits close to both its 100-day and 200-day moving averages—historically favorable entry levels for trend-following investors. Daily signals have turned mixed, with medium-term structural positivity emerging as market volatility normalizes and traders focus on improving earnings and operational milestones.
Fundamental analysis
Adani Green Energy’s fundamentals signify exceptional long-term potential. FY25 annual revenue hit ₹9,495 crores, up 23%, with annual EBITDA reaching ₹8,818 crores. Net profit soared 59% to ₹2,001 crores, reflecting outstanding operational leverage and cost discipline. This superior financial performance distinguishes Adani Green Energy as a clear leader in India’s listed renewables space. While the Price/Earnings ratio remains high (range: 98.3–120.6), this largely reflects investor confidence in the company’s growth trajectory, as well as the secular expansion of India’s renewable energy market. Structural strengths include:
- A record 15 GW installed renewable capacity (11 GW solar, 1.9 GW wind), the largest among pure-play firms in India.
- Ongoing strategic expansions, including major capacity additions in Khavda and Rajasthan, underpinning double-digit annual revenue growth projections.
- Innovation leadership and a secure, long-term contract business model that mitigates downside risk.
Adani Green Energy’s strong brand, close alignment with government policy, and rapid scaling make it uniquely resilient in an increasingly important sector for India’s future.
Volume and liquidity
The stock exhibits healthy liquidity, with a recent three-month average of 3.24 million shares traded daily. This robust activity signals solid institutional interest and positions Adani Green Energy as a preferred vehicle for investors seeking dynamic exposure to the renewables theme. A sizeable free float further enhances price discovery and valuation transparency, reinforcing confidence among both retail and professional participants in the Indian market.
Catalysts and positive outlook
Several catalysts point to a breakout opportunity for Adani Green Energy:
- Capital expenditure plans of ₹31,000 crores aimed at expanding operating capacity by 5 GW in FY26.
- Visibility on achieving the medium-term goal of 50 GW renewable capacity by 2030, including ongoing work at Khavda, set to become the world’s largest renewable energy project (30 GW).
- Success in executing large-scale hybrid (solar, wind, storage) projects and ground-breaking use of advanced engineering tools to optimize deployment.
- A favorable regulatory environment and supportive government policies targeting accelerated green energy adoption across India.
- Strengthening operational margins and consistent outperformance relative to consensus estimates.
Environmental, social, and governance (ESG) dimensions remain at the heart of Adani Green Energy’s growth story. The firm is known for leveraging non-agricultural land for minimal ecological impact and adhering to best-in-class governance—a reputation that attracts responsible global investment.
Investment strategies
For those considering an entry, Adani Green Energy offers compelling value across different time horizons:
- Short-term traders may benefit from rebounds off current technical support zones, with momentum indicators and positive earnings surprises likely to catalyze rapid gains.
- Medium-term investors can look to position before major project announcements or ahead of quarterly results—both likely catalysts given the company’s historical track record of exceeding estimates.
- Long-term investors should view Adani Green Energy as a gateway to India’s green economic transformation, given its scale, operational excellence, and anticipated expansion into emerging markets.
Now trading near cycle lows, with technical stabilization and a healthy pullback from overbought zones, the current phase seems to represent an excellent opportunity to establish or increase positions before the next leg of sector growth.
Is it the right time to buy Adani Green Energy?
Summing up, Adani Green Energy stands out as a best-in-class player, uniquely positioned to capitalize on India’s clean energy boom. Its exceptional revenue and profit momentum, leadership in capacity building, proven ability to innovate, and strong institutional interest collectively underpin a positive outlook. Despite recent volatility, the operational and strategic fundamentals justify renewed investor interest and optimism regarding the company’s ability to deliver sustainable returns. With visible catalysts on the horizon and the stock approaching historically attractive levels, Adani Green Energy may be entering a new bullish phase—making a compelling argument for investors who wish to capture the upside of India’s renewable energy revolution.
How to buy Adani Green Energy stock in India
Buying Adani Green Energy stock online is straightforward and secure for Indian investors, thanks to regulated brokers. There are two main ways to gain exposure: buying shares outright (spot buying) or using Contracts for Difference (CFDs) for more flexibility and potential leverage. Both options are available through leading online brokers. To assist you in choosing the right broker, you’ll find a detailed broker comparison further down this page.
Spot buying
Spot buying means purchasing real Adani Green Energy shares, which you hold in your brokerage account. Brokers typically charge a fixed transaction fee, often ranging from ₹20 to ₹50 per order. See the example below:
Adani Green Energy Share Gain Scenario
If the Adani Green Energy share price is ₹1,008, you can buy around 1 share with a $1,000 stake, including a brokerage fee of around $5.
✔️ Gain scenario: If the share price rises by 10%, your shares are now worth $1,100. Result: +$100 gross gain, i.e. +10% on your investment.
Trading via CFD
CFD trading allows you to speculate on the price movement of Adani Green Energy without owning the actual shares. CFDs involve fees such as the spread (difference between buy and sell prices) and overnight financing if you hold the position for more than a day. Leverage can amplify your results. See this typical use case:
Gain Scenario: Adani Green Energy CFD with Leverage
You open a CFD position on Adani Green Energy shares, with 5x leverage. This gives you a market exposure of $5,000. ✔️ Gain scenario: If the stock rises by 8%, your position gains 8% × 5 = 40%. Result: +$400 gain, on a bet of $1,000 (excluding fees).
Final advice
It's always wise to compare brokers' fees, platforms, and services before investing in Adani Green Energy. Whether you prefer to buy shares directly or trade via CFDs depends on your personal financial goals, investing style, and risk tolerance. For more details, check out the comparative broker section later on this page.
Check out the best brokers in India!Compare brokersOur 7 tips for buying Adani Green Energy stock
| 📊 Step | 📝 Specific tip for Adani Green Energy |
|---|---|
| Analyze the market | Study India’s renewable energy policies and how they impact future demand for Adani Green Energy. |
| Choose the right trading platform | Pick a SEBI-regulated broker offering efficient access and reasonable fees for buying Adani Green Energy shares. |
| Define your investment budget | Given the stock's volatility, allocate only a portion of your portfolio to Adani Green Energy and diversify with other assets. |
| Choose a strategy (short or long term) | Consider a long-term approach to benefit from India’s renewable expansion and Adani Green Energy’s growth pipeline. |
| Monitor news and financial results | Track company developments, new project wins, and quarterly financial results to stay informed about Adani Green Energy’s outlook. |
| Use risk management tools | Place stop-loss or trailing stop orders to control losses and protect your Adani Green Energy investments. |
| Sell at the right time | Consider selling during strong rallies or ahead of major announcements that might impact Adani Green Energy’s share price. |
The latest news about Adani Green Energy
Adani Green Energy surpassed 15 GW of operational renewable energy capacity, a record for the Indian sector. This milestone strengthens Adani Green Energy’s leadership in solar and wind infrastructure across India, with recent capacity additions in major projects at Khavda and Rajasthan further expanding its footprint. The company’s portfolio now includes over 11 GW solar and almost 2 GW wind capacity, showcasing robust execution and significant contribution to the nation’s green energy targets.
Financial results for Q4 FY25 confirm a 20.8% year-on-year revenue surge and a 53.3% jump in quarterly net profit. Adani Green Energy reported quarterly revenue of ₹3,053 crores and net profit of ₹230 crores, surpassing market expectations. This strong operational performance is underpinned by higher power generation and better project efficiencies, reflecting positively on the company’s long-term fundamentals and supporting investor confidence within the Indian market.
The company announced a leadership transition with Ashish Khanna set to become CEO from April 2025. Ashish Khanna, who brings significant industry expertise, will succeed Amit Singh, marking a strategic move as Adani Green Energy prepares for its next growth phase. This leadership continuity is seen as reinforcing governance stability while the group scales its renewable capacity in India and abroad.
Expansion plans remain firmly on track with a target of 50 GW renewable capacity and major investments ahead. Adani Green Energy has reaffirmed massive capital expenditure plans and accelerated development of the Khavda ultra-mega renewable park, which will be the world’s largest at 30 GW. These moves are supported by long-term government policy backing and a clear commitment to advancing India’s clean energy leadership.
Technical indicators show mixed signals, but long-term market sentiment remains optimistic based on sector momentum. While the stock has seen recent short-term declines, medium and long-term momentum is driven by growing demand for renewables, supportive government policies, and increasing adoption of hybrid (solar-wind-storage) projects. Analysts continue to maintain a positive bias on the company’s prospects in light of these macro trends and operational achievements.
FAQ
What is the latest dividend for Adani Green Energy stock?
Adani Green Energy does not currently pay any dividend to its shareholders. The company has prioritized reinvesting earnings and free cash flow into expanding its renewable energy portfolio and meeting ambitious capacity goals. This approach is typical for high-growth firms in the renewable sector, and investors should not expect short-term cash returns but may benefit from long-term capital appreciation as the business grows.
What is the forecast for Adani Green Energy stock in 2025, 2026, and 2027?
Based on the latest price of ₹1,008.50, the projected values are ₹1,311 at end-2025, ₹1,512 at end-2026, and ₹2,017 at end-2027. This outlook reflects Adani Green Energy’s strong growth in operational capacity, continued support from sector policies, and positive analyst sentiment toward renewable energy in India. Expansion into new mega-projects and robust project execution could further support the stock’s potential.
Should I sell my Adani Green Energy shares?
Holding Adani Green Energy shares remains a reasonable strategy for those focused on the medium to long term. The company’s leadership in renewable energy, ambitious expansion targets, and robust revenue and profit trends signal strategic resilience. Despite recent volatility, ongoing sector transformation and policy support suggest that continued ownership may offer attractive prospects as India accelerates its energy transition.
How are dividends and capital gains from Adani Green Energy taxed in India?
As Adani Green Energy does not pay dividends, there is currently no dividend tax impact for shareholders. Capital gains from selling the shares are taxed at 10% for long-term gains (held over one year) above ₹1 lakh per year, or 15% for short-term gains. Investors should be aware that all taxable amounts are added to their annual income and subject to relevant thresholds and surcharges.
What is the latest dividend for Adani Green Energy stock?
Adani Green Energy does not currently pay any dividend to its shareholders. The company has prioritized reinvesting earnings and free cash flow into expanding its renewable energy portfolio and meeting ambitious capacity goals. This approach is typical for high-growth firms in the renewable sector, and investors should not expect short-term cash returns but may benefit from long-term capital appreciation as the business grows.
What is the forecast for Adani Green Energy stock in 2025, 2026, and 2027?
Based on the latest price of ₹1,008.50, the projected values are ₹1,311 at end-2025, ₹1,512 at end-2026, and ₹2,017 at end-2027. This outlook reflects Adani Green Energy’s strong growth in operational capacity, continued support from sector policies, and positive analyst sentiment toward renewable energy in India. Expansion into new mega-projects and robust project execution could further support the stock’s potential.
Should I sell my Adani Green Energy shares?
Holding Adani Green Energy shares remains a reasonable strategy for those focused on the medium to long term. The company’s leadership in renewable energy, ambitious expansion targets, and robust revenue and profit trends signal strategic resilience. Despite recent volatility, ongoing sector transformation and policy support suggest that continued ownership may offer attractive prospects as India accelerates its energy transition.
How are dividends and capital gains from Adani Green Energy taxed in India?
As Adani Green Energy does not pay dividends, there is currently no dividend tax impact for shareholders. Capital gains from selling the shares are taxed at 10% for long-term gains (held over one year) above ₹1 lakh per year, or 15% for short-term gains. Investors should be aware that all taxable amounts are added to their annual income and subject to relevant thresholds and surcharges.
On the same topic
