Adani Green Energy Ltd Hits Intraday High with Strong 3.65% Surge

Intraday Trading Highlights

On 4 Feb 2026, Adani Green Energy Ltd (stock ID 1003008) recorded a significant intraday high of Rs 962, representing a 3.19% increase from its previous close. The stock closed the day with a 3.65% gain, outperforming the Power sector’s 2.46% advance and the Sensex’s marginal decline of 0.06%. This marks the third consecutive day of gains for the stock, which has appreciated by 19.06% over this period.

The stock’s performance today also exceeded the sector’s intraday movement by 0.7%, underscoring its relative strength within the Power industry. Despite the broader market’s cautious tone, with the Sensex opening lower at 83,252.06 and trading below its 50-day moving average, Adani Green Energy Ltd maintained upward momentum throughout the session.

Technical Positioning and Moving Averages

Adani Green Energy Ltd’s price currently trades above its 5-day and 20-day moving averages, signalling short-term bullishness. However, it remains below its longer-term 50-day, 100-day, and 200-day moving averages, indicating that the stock has yet to fully recover from earlier downward trends over the medium and long term. This technical setup suggests that while immediate trading sentiment is positive, the stock is still navigating resistance levels established over recent months.

The stock’s market capitalisation grade stands at 1, reflecting its relative size and liquidity within the Power sector. Meanwhile, the company’s Mojo Score is 13.0, with a Mojo Grade of Strong Sell as of 5 Jan 2026, an upgrade from the previous Sell rating. This grading reflects ongoing assessments of the company’s fundamentals and market positioning.

Comparative Performance Against Benchmarks

Examining Adani Green Energy Ltd’s performance over various time frames reveals a mixed trend relative to the Sensex. While the stock has outperformed the Sensex over the past week with a 17.37% gain versus the Sensex’s 1.63%, it has underperformed over longer durations. The one-month return stands at -7.03% compared to the Sensex’s -2.42%, and the three-month return is -11.06% against the Sensex’s positive 0.27%.

Year-to-date, the stock has declined by 4.83%, lagging the Sensex’s 1.80% fall. Over the one-year horizon, Adani Green Energy Ltd’s return is -1.73%, while the Sensex has gained 6.50%. Longer-term performance also shows underperformance, with a five-year return of -10.35% compared to the Sensex’s 65.34%, and a three-year return of 3.37% versus the Sensex’s 37.55%. The ten-year return for the stock remains flat at 0.00%, significantly trailing the Sensex’s 243.85% growth.

Market Context and Sector Dynamics

The broader market environment on 4 Feb 2026 was characterised by a cautious mood. The Sensex opened lower by 487.07 points (-0.58%) at 83,252.06 and traded near its session lows, closing slightly down by 0.06% at 83,688.08. The index remains 2.95% below its 52-week high of 86,159.02. Notably, the Sensex is trading below its 50-day moving average, although the 50DMA itself is positioned above the 200DMA, indicating a mixed technical outlook for the benchmark.

Within this environment, the Power Generation and Distribution sector showed resilience, gaining 2.46% on the day. Adani Green Energy Ltd’s outperformance within this sector highlights its relative strength amid sector-wide gains.

Summary of Trading Action

Adani Green Energy Ltd’s strong intraday surge to Rs 962 and a day gain of 3.65% reflects active buying interest and positive momentum within the stock. The three-day consecutive gains and 19.06% return over this period underscore a short-term rally that has outpaced both sector and benchmark indices. The stock’s positioning above short-term moving averages supports this momentum, although it remains below longer-term averages, suggesting that the rally is occurring within a broader context of technical resistance.

Despite the broader market’s subdued performance, Adani Green Energy Ltd’s relative strength in the Power sector and its intraday high indicate focused trading activity and a notable shift in price dynamics on 4 Feb 2026.

Financial Metrics and Ratings

The company’s Mojo Score of 13.0 and a Strong Sell grade as of 5 Jan 2026, upgraded from Sell, provide a comprehensive assessment of its current standing. The market cap grade of 1 reflects its classification within the large-cap segment of the Power sector. These metrics offer a detailed view of the company’s valuation and risk profile as assessed by MarketsMOJO.

Conclusion

Adani Green Energy Ltd’s performance on 4 Feb 2026 stands out for its strong intraday gains and sustained upward momentum over recent sessions. While the stock remains below key long-term moving averages, its ability to outperform the sector and the Sensex on a day when the broader market was subdued highlights its current trading strength. The detailed financial and technical metrics provide a nuanced picture of the stock’s position within the Power sector and the wider market.

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