Adani Green Energy Share Price Today: Shares of Adani Green Energy Ltd. touched a two-month low in the week gone by after rallying nearly 80% over the past six months. The sharp decline followed the company's Q1 FY2026-27 earnings, with brokerage firms issuing divergent views on the stock, triggering mixed investor sentiment.
Adani Green Energy share price closed 1.03% higher at Rs 1394.25 per share on BSE with a market capitalisation of Rs 2,29,657.54 crore on Friday, July 24. The recovery in Friday's trading session came after the stock hit its two-month low mark. Over the past two weeks, the stock has declined around 9.25%.
Adani Green Energy Q1 Result
Adani Green Energy reported a 19.3% annual jump in its consolidated net profit of Rs 983 crore in Q1FY27, against Rs 824 crore in the April-June quarter of 2025-26.Its revenue from operations in the June quarter surged by 16.6% on an annual basis to Rs 4,431 crore, as against Rs 3,800 crore in the year-ago period. Adani Green Energy's EBITDA (earnings before interest, tax, depreciation and amortisation) stood at Rs 3,985 crore during the quarter, it also reflected a 9.88% annual increase from Rs 3,042 crore in the JUne quarter of FY26.
Adani Green Energy Share Price Outlook: Golden Cross Formation Suppport
AGEL's daily chart indicates an underlying recovery pattern from multi-month lows, and finds support by a 'Golden Cross' formation, as per Mayank Jain, Market Analyst, Share.Market by PhonePe.
"AGEL's daily chart demonstrates an underlying recovery from multi-month lows, supported by a 'Golden Cross' formation where the 50-day moving average traded comfortably above the 200-day moving average. However, short-term profit booking after testing key overhead resistance near ₹1,600 has brought the stock back toward its 50-day moving average support band around ₹1,480," stated Mayank Jain.
"If the stock closes below the 50 SMA, the major support zone lies near Rs 1,100-Rs 1,150, with resistance at the ₹1,550-₹1,600 zone. For a fresh upward movement, the price must cross this resistance zone and hold above it," Mayank Jain added.
Adani Green Energy Stock Gets Diverse Rating
Adani Green Energy remains the best executor in the sector, according to brokerage Bernstein, which maintained an 'Underperform' rating. Adani Green is allocating its entire merchant generation, comprising 4 GW operating and planned, and its entire battery storage capacity, with 10 GWh coming online this year, reported Moneycontrol citing Bernstein note.Adani Green Energy continues to enjoy a strong position in the renewable energy space compared to its peers.
The company still has a strong position to capture the renewable energy market, but a reasonable part of the upside due to this factor is transferred to Adani Energy Solutions, as per the Bernstein report.
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