ADANIGREEN.NS Stock Analysis
AD
Neutral
Based on Eyestock quantitative analysis, ADANIGREEN.NS`s fundamental data and valuation indicate an investment grade of Neutral at the current time.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Undervalued
Market cap $B
1.099
Dividend yield
—
Shares outstanding
1 584.03 B
Adani Green Energy Ltd. engages in the business of selling power generated from 12 MW wind power project and purchasing and sale of ancillary goods. The company is headquartered in Ahmedabad, Gujarat and currently employs 2,912 full-time employees. The company went IPO on 2018-06-18. The firm is engaged in renewable power generation and other ancillary activities. The firm develops, builds, owns, operates, and maintains utility-scale grid-connected solar power, wind power, hybrid projects, and solar parks. The company serves markets by the Company such as Local, State, and National with approximately 91 locations across States in India. The firm power projects are located in Gujarat Punjab, Rajasthan, Maharashtra, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Chhattisgarh, Madhya Pradesh, and Uttar Pradesh. Its wind power plants are located across Madhya Pradesh and Gujarat. The Company, together with its subsidiaries, sells power generated from these projects under a combination of long-term power purchase agreements (PPA) and on a merchant basis.