A company of Adani Group has made people rich in a few years. This company is Adani Green Energy Limited. The company’s shares have risen from Rs 30 to Rs 2,665 in less than 4 years. Shares of Adani Green Energy have given investors close to 9,000 per cent returns during this period. The company’s shares have given a return of close to 98 percent so far this year.
Rs 1 lakh has become more than Rs 90 lakh
The shares of Adani Green Energy were at the level of Rs 29.45 on the National Stock Exchange (NSE) on 22 June 2018. The company’s shares closed at Rs 2,665 on the NSE on 4 May 2022. The shares of the company have given a return of 8,949 per cent in less than the last 4 years. If a person had invested Rs 1 lakh in the shares of the company on June 22, 2018 and had retained his investment, then at present this money would have been Rs 90.52 lakh.
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More than 11 lakhs made of 1 lakh in two years
The shares of Adani Green Energy were at a level of Rs 230.25 on the National Stock Exchange on 15 May 2020. The shares of the company have closed at Rs 2665 on 4 May 2022. If a person had invested Rs 1 lakh in the shares of the company on 15 May 2020 and had retained his investment, then at present this money would have been Rs 11.57 lakh. The 52-week low level of the company’s shares is Rs 874.80. At the same time, the 52-week high of the shares is Rs 3,050.
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Company’s profit of Rs 121 crore in March quarter
Adani Green Energy Limited has made a net profit of Rs 121 crore in the March 2022 quarter. This is 16 per cent higher than the same period a year ago. The company had a profit of Rs 104 crore in the March 2021 quarter. The company’s total income increased to Rs 1,587 crore in the January-March 2022 quarter, as against Rs 1,082 crore in the year-ago period. Meanwhile, Energy’s sales grew 72 per cent year-on-year to 9,426 million units in FY 2022.