Why has Adani Green Energy been making new highs?
Answer
Answer
Adani Green hit a new high of Rs.1,956, after its latest quarterly guidance indicated that sale of energy had increased 97% in Dec-21 quarter. AGEL signed PPA with SECI to supply 4,667 MW of solar power, one of the biggest soar contracts. AGEL now has a market cap of Rs.3.05 trillion and is the most valuable company in the Adani group.