Adani Green hits 5% upper circuit on wining 300 MW wind power project
Shares of Adani Green Energy (AGEL), on Monday, were locked in 5 per cent upper circuit at Rs 1,251, also its new high, on the BSE after Adani Renewable Energy Holding Fifteen Limited (AREHFL), a subsidiary of the company, received Letter of Award (LOA) for 300 MW wind project.
The stock of the Adani group renewable power company surpassed its previous high of Rs 1,245, touched on March 16, 2021. In the past one year, the stock has zoomed 824 per cent, against 75 per cent rally in the S&P BSE Sensex. A combined around 300,000 equity shares have changed hands and there were pending buy orders for around 120,000 shares on the NSE and BSE at 09:29 am.
