Adani Green Energy Ltd Hits Intraday High with Strong 3.92% Surge

Intraday Trading Highlights

On 29 Jan 2026, Adani Green Energy Ltd demonstrated notable strength in trading activity, touching an intraday peak of Rs 856.4, which represents a 4.08% rise from its previous close. The stock’s day change stood at 3.92%, reflecting sustained buying interest throughout the session. This performance outpaced the Power sector by 3.13%, underscoring the stock’s relative strength within its industry segment.

The stock’s price movement was supported by its position above the 5-day moving average, signalling short-term positive momentum. However, it remained below the 20-day, 50-day, 100-day, and 200-day moving averages, indicating that longer-term trends have yet to align with the recent gains.

Adani Green Energy Ltd’s three-day consecutive rise has yielded a cumulative return of 10.74%, a significant rebound amid a broader market environment that has been mixed for the stock over longer periods.

Market Context and Comparative Performance

The broader market, represented by the Sensex, opened flat and gained 0.17% to trade at 82,483.60 points, remaining 4.46% below its 52-week high of 86,159.02. Mega-cap stocks led the market’s modest advance, while the Sensex traded below its 50-day moving average, which itself is positioned above the 200-day moving average, indicating a mixed technical backdrop.

In comparison, Adani Green Energy Ltd’s one-day gain of 4.34% significantly outperformed the Sensex’s 0.23% rise. However, the stock’s performance over longer timeframes remains subdued relative to the benchmark. Over one week, the stock declined by 5.08% versus a 0.28% gain in the Sensex. The one-month and three-month returns were negative at -14.38% and -22.87% respectively, compared to the Sensex’s more modest declines of -2.55% and -2.90% over the same periods.

Year-to-date, Adani Green Energy Ltd has fallen 15.40%, while the Sensex has declined by 3.15%. Over the past year, the stock’s return was -13.06%, contrasting with the Sensex’s positive 7.84%. Longer-term performance also reflects challenges, with a three-year return of -42.17% against the Sensex’s 39.11% gain, and a five-year return of -14.47% versus the Sensex’s 78.32% rise.

Mojo Score and Rating Update

Adani Green Energy Ltd currently holds a Mojo Score of 7.0, categorised under a Strong Sell grade as of 5 Jan 2026, an upgrade from its previous Sell rating. The company’s market capitalisation grade is rated at 1, indicating a relatively low market cap standing within its peer group. These ratings reflect the stock’s risk profile and valuation metrics as assessed by MarketsMOJO.

Trading Dynamics and Moving Average Analysis

The stock’s position above the 5-day moving average suggests short-term buying interest, which has contributed to the recent three-day rally. However, the price remains below the 20-day, 50-day, 100-day, and 200-day moving averages, indicating that the stock has yet to break through longer-term resistance levels. This technical setup highlights a divergence between short-term momentum and longer-term trend direction.

Intraday trading volumes and price action suggest that the stock’s gains were supported by sustained demand, pushing it to outperform the sector and broader market indices. The 4.08% intraday high marks a significant move within the Power sector, where the stock’s relative strength was evident.

Despite the positive intraday performance, the stock’s longer-term returns remain under pressure, reflecting broader market and sectoral headwinds. The contrast between short-term gains and extended underperformance underscores the complexity of the stock’s price dynamics.

Summary of Key Metrics

Adani Green Energy Ltd’s key performance indicators as of 29 Jan 2026 are as follows:

• Intraday High: Rs 856.4 (4.08% increase)


• Day Change: 3.92%


• Three-day cumulative gain: 10.74%


• Mojo Score: 7.0 (Strong Sell)


• Market Cap Grade: 1


• Outperformance vs Power Sector: +3.13%


• Outperformance vs Sensex (1 day): +4.11%

These figures illustrate the stock’s strong intraday and short-term performance despite its longer-term challenges.

Broader Market Environment

The Sensex’s modest gain of 0.17% on the day was led by mega-cap stocks, with the index trading below its 50-day moving average but supported by the 50DMA’s position above the 200DMA. This mixed technical picture reflects cautious optimism in the market, with pockets of strength in select sectors and stocks such as Adani Green Energy Ltd.

Conclusion

Adani Green Energy Ltd’s strong intraday performance on 29 Jan 2026, marked by a 4.08% surge to Rs 856.4, highlights a notable rebound within the Power sector. The stock’s three-day consecutive gains and outperformance relative to the sector and Sensex underscore its short-term momentum. However, the stock remains below key longer-term moving averages and continues to face challenges reflected in its extended performance metrics and Mojo rating. The trading action today reflects a dynamic market environment where short-term strength contrasts with longer-term valuation and trend considerations.

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