Top Adani Energy stocks to buy with a bear market, with a return soaring up to 168% in 1 year

market capitalization of Rs. 293,981 crore. The company’s revenue stood at Rs. 51.33…” data-gal-src=”www.goodreturns.in/img/600×100/2021/02/istockphoto-1161683825-612×6121-1613128950.jpg”>

Adani green energy

Adani Green Energy is a large cap Nifty stock with a market capitalization of Rs. 293,981 crores. The company’s turnover stood at Rs. 51.33b, revenue stood at Rs. 4.89 billion, gross profit stood at Rs. 38.5 billion, in the quarter ended 31 March 2022. Adani Green Energy’s latest stock price was recorded at Rs. 1,847 on NSE, down marginally by 4.09% till June 3. The stock’s 52-week high range is Rs. 3,050, and its 52-week low range is Rs. 874.80. The company has posted a return of 45.3% over the past year.

Adani Green Energy Limited (AGEL), incorporated in 2015, is one of the largest renewable energy companies in India, with a current project portfolio of 20,284 MW. The generated electricity is supplied to central and state government entities and government-supported companies. Through 25-year long-term power purchase agreements (PPAs) with central and state government entities, AGEL has leveraged its capabilities and expanded its presence in 12 Indian states. The Company deploys the latest technologies in its projects. With a portfolio of 54 operational projects and 12 projects under construction, AGEL is one of the largest players in India on the renewable energy front.

Adani Total Gas

Adani Total Gas

Adani Total Gas is a large cap Nifty stock with a market capitalization of Rs. 262,904 crores. The company’s revenue stood at Rs. 30.38 billion, profit stood at Rs. 5.09b, gross profit stood at 11.1b, in the quarter ended 31 March 2022 The last traded share price of Adani Total Gas was recorded at Rs. 2,396 on NSE, down marginally by 2.04% through June 3. The stock’s 52-week high range is Rs. 2,740, and its 52-week low range is Rs. 774.95. The company has posted a 46% return over the past year.

Adani Total Gas, founded in 2004, develops city gas distribution (CGD) networks to supply piped natural gas (PNG) to the industrial, commercial, domestic (residential) sectors and compressed natural gas (CNG) to the utility sector. transport. The company has set up city gas distribution networks in Ahmedabad and Vadodara in Gujarat, Faridabad in Haryana and Khurja in Uttar Pradesh. In addition, the development of gas distribution of Allahabad, Chandigarh, Ernakulam, Panipat, Daman, Dharwad and Udhamsingh Nagar is awarded to a consortium consisting of Adani Total Gas Ltd and Indian Oil Corporation Ltd. As of March 31, 2021, the company had 217 CNG service stations, according to a report.

Adani Power

Adani Power

Adani Power is a large cap Nifty stock with a market capitalization of Rs. 109,575 crores. The company’s turnover stood at Rs. 277.11b, revenue stood at Rs. 49.12 billion, gross profit stood at Rs. 117.6 billion, in the quarter ended 31 March 2022. The last traded share price of Adani Power was recorded at Rs. 284.60 on NSE, down marginally by 3.64% till June 3. The stock’s 52-week high range is Rs. 344.50, and its 52-week low range is Rs. 70.35. The company has posted a return of 168.70% over the past year.

Adani Power Limited (APL), founded in 1988, is part of the diversified Adani Group and is the largest private thermal power producer in India. They have a power generation capacity of 12,450 MW including thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan and Chhattisgarh and a 40 MW solar power project in Gujarat. They are the first company in the world to set up a coal-based supercritical thermal power project registered under the Kyoto Protocol’s Clean Development Mechanism (CDM). “The company has various power projects with a combined installed and commissioned capacity of 12,450 MW, including 4,620 MW in Mundra, Gujarat; 3,300 MW in Tiroda, Maharashtra; 1,320 MW in Kawai, Rajasthan; 40 MW in Bitta , Gujarat; and 1,600 MW in Godda, Jharkhand, as well as 1,200 MW in Udupi, Karnataka; 1,370 MW in Raipur, Chhattisgarh; and 600 MW in Raigarh, Chhattisgarh, according to the report.

Store 1 year of recorded return
Adani green energy 45.30%
Adani Total Gas 46.00%
Adani Power Limited (APL) 168.70%
Disclaimer

Disclaimer

Investing in stocks presents a risk of financial loss. Investors should therefore exercise caution. Greynium Information Technologies, the author, and the brokerage are not responsible for any losses caused as a result of decisions based on the article. The author does not hold a portfolio in any of the above stocks.

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