Adani Green Energy Ltd. Price Prediction

As of August 17th, 2021, Adani Green Energy Limited (AGEL), a large-cap power generation company, had a market capitalization of Rs. 1,45,922 crores. For the quarter that ended in June 2021, the company reported standalone quarterly revenue of Rs. 1,446 crores. The numbers 541450 and ADANIGREEN were assigned by the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), respectively. With a current project portfolio of 13,990 MW, Adani Green Energy Limited is one of the top renewable energy companies in India. By 2025, AGEL hopes to generate 25,000 MW of renewable energy, and to that end, it is making significant investments in global prospects.

Overview of Financial Performance

 When compared to the previous year, AGEL's revenue from power supply increased by 39%, to Rs. 848 crores, and its cash profit increased by 35%, to Rs. 460 crores, in June 2021. Total revenue increased by 23% on an annual basis to Rs. 1,079 crores, and total EBITDA increased by 31% to Rs. 892 crores. EBITDA margin from the power supply increased by 120 basis points year over year to 92.5%, and EBITDA margin from the power supply increased by 41% on an annual basis to Rs. 789 crores. In June 2021, the company's basic and diluted EPS was Rs. 1.23, up from Rs. 0.48 in March 2021. On August 16, 2021, AGEL's shares finished at Rs. 925.25 (NSE) and had returned 151.94% over the previous 12 months.

 Adani Green Energy Ltd. Share Price Details 

 Share Price PredictionsIntraday & TomorrowMACD Indicator 

The Adani Green Energy Stock is giving a hold signal and displaying neutral sentiment, according to the MACD Indicator. Signal Line is lower than MACD, and both lines are above zero.

 RSI Indicator

 Adani Green Energy Share Price is displaying a Hold Trade Signal and forecasting Neutral sentiment based on the RSI Indicator. At 60.57, the RSI indicator is currently within the 30-70 level. 

Stochastic Oscillator

 The Stochastic Indicator suggests that a trader holds Adani Green Energy. The sentiment among stocks is neutral. The%D value is 61.76, while the%K value is 59.42. The %K & %D numbers here determine the trade signal. 

Pivot Point Indicator

 You should hold Adani Green Energy, according to Pivot Point Indicator. This stock is now in neutral sentiment. 2,428.63, 2,488.97, and 2,544.98 are the resistance levels. The support levels are 2,312, 282, 256, and 195, 93. This indicator's trade signals are based on the pivot point, support level 1, and resistance level 1.

 EMA Indicator

By the EMA Indicator, Adani Green Energy is exhibiting a sell trading signal. This stock's sentiment is bullish. 

• Adani Green Energy's share price is 2,339.76 at the 9-day EMA.
• The share price of Adani Green Energy is 2,315.87 at the 12-day EMA.
• Adani Green Energy Share Price is 2,232.94 at the 26-day EMA.
• The share price of Adani Green Energy is 2,168.96 at the 50-day EMA.
• Adani Green Energy Share Price is 2,101.78 at the 100-day EMA.

 The SMA Indicator 

The indicator demonstrates the bullish sentiment that the share price of Adani Green Energy is displaying. Based on the 15-Day SMA, the trade signal is for a sell sign. Depending on your needs, you can also utilize a 7-day, 30-day, or 50-day SMA. 

• Adani Green Energy Share Price is 2,370.65 on the 7-day SMA.
• Adani Green Energy Share Price is 2,265.70 on the 15-day SMA.
• The price of a share of Adani Green Energy is 2,199.86 at 30 days.
• The price of a share of Adani Green Energy at 50 days is 2,074.76.
• Adani Green Energy Share Price is 2,221.82 at 100 Day SMA.
• Adani Green Energy Share Price is 1,935.81 at 200 Day SMA.

 Camarilla Equation 

The Camarilla Equation forecasts a Hold for the Adani Green Energy trade signal. The sentiment forecast for Adani Green Energy is neutral. 

• Level 1 Adani Green Energy Support is 2,357.64.
• Resistance Level 1 for Adani Green Energy is 2,378.96.
• Level 2 support for Adani Green Energy is 2,347.01
• Resistance Level 2 Adani Green Energy 2,389.59
• Level 3 Adani Green Energy Support is 2,336.30.
• Resistance Level 3 for Adani Green Energy is 2,400.30.
• Level 4 Adani Green Energy Support is 2,304.31.
• Resistance Level 4 for Adani Green Energy is 2,432.29