Risk factor
Moderate default risk
Profitability factor
Strong growth
About
Adani Green Energy Limited focuses on the production and delivery of sustainable power, primarily to public sector clients and government-owned enterprises throughout India. The company undertakes the development, ownership, and operation of power generation facilities that harness renewable sources like solar, wind, and hybrid energy. By March 31, 2022, its operational portfolio included solar power plants with an installed capacity of 4,763 megawatts (MW) and wind power projects contributing 647 MW. The firm was established in 2015 and has its main office situated in Ahmedabad, India.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBI
Target Price
The average target price of ADANIGREEN.NS is 1394 and suggests 7.22% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommenda