Adani Green Energy Share Price Gains on March 6 After Recent 52-Week Low

Adani Green Energy Limited has been in focus on Thursday. On March 6, 2025, Adani Green Energy share price (NSE: ADANIGREEN) opened at ₹868.80, up from its previous close of ₹848.70. At 11:18 AM, the share price of Adani Green Energy was trading at ₹854.75, up by 0.71% on the NSE. Notably, the stock price hit its 52-week low at ₹758.00, recently on March 3, 2025.

AGEL’s $1.06 Billion Refinancing Achievement

On March 3, 2025, Adani Green Energy announced a significant milestone in its capital management strategy. The company successfully refinanced its maiden construction facility of $1.06 billion, initially secured in 2021. This loan was used to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan.

The refinancing facility has a long-term door-to-door tenor of 19 years with a fully amortized debt structure that aligns with the asset life. By securing long-term financing, AGEL has completed its capital management program for the underlying asset portfolio.

The refinancing facility has received an AA+/Stable rating from leading domestic rating agencies, including ICRA, India Ratings, and CareEdge Ratings.

Adani Green Energy Share Price Performance

Following the announcement on March 3, the share price of Adani Green Energy opened at ₹775.00, up from its previous close of ₹774.40. However, during the day, the stock hit its 52-week low before closing at ₹804.10.

Q3 FY 2025 Financial Highlights

Adani Green Energy reported financial performance for Q3 FY25 and the nine-month period of FY25. The company’s revenue from power supply grew by 13% year-on-year, rising from ₹1,765 crore in Q3 FY24 to ₹1,993 crore in Q3 FY25.

For the nine-month period, revenue increased by 18%, reaching ₹6,829 crore compared to ₹5,793 crore in 9M FY24.

Additionally, AGEL’s cash profit saw a 15% rise in Q3 FY25, climbing from ₹862 crore in Q3 FY24 to ₹991 crore. Over the nine-month period, the cash profit surged by 23%, reaching ₹3,630 crore compared to ₹2,944 crore in 9M FY24, reflecting the company’s steady growth in the renewable energy sector.

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