Adani Green Energy share price declines 4% despite strong FY24 business updates
8 months, 1 week ago

Adani Green Energy share price declines 4% despite strong FY24 business updates

Live Mint  

Stock Market Today: Adani Green Energy share price declined slightly more than 4% in the morning trades on Monday. Apart from capacity expansions, Adani Green also reported string rise in Sale of Energy by 47% year-on-year at 21,806 million units during FY24. Wind portfolio Capacity Utilisation Factor at 29.4% for Adani Green also marked a 420 bps improvement year-on-year, which was backed by 95.5% plant availability. The sale of Wind energy increase by strong 71% to 3117 million units helped by capacity additions and higher capacity utilisation factor.

History of this topic

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