Intraday Performance and Price Movement
On 1 Feb 2026, Adani Green Energy Ltd, a key player in the power sector, recorded a sharp intraday fall, hitting its lowest level of Rs 819.7. This represented a decline of 3.77% from its previous close, marking a continuation of the stock’s recent downward trajectory. The stock underperformed its sector by 3.41% and the broader market, with the Sensex falling 1.36% on the day.
The stock’s day change stood at -3.7%, consistent with its intraday low, and it has now recorded losses for two consecutive sessions, cumulatively falling 4.53% over this period. This sustained weakness highlights immediate selling pressure and a cautious market stance towards the stock.
Technical Indicators and Moving Averages
Adani Green is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning suggests a bearish trend in the short to long term, with the stock unable to find support at these critical levels. The persistent trading below these averages often signals a lack of upward momentum and can deter short-term buying interest.
Market Context and Sector Comparison
The broader market environment has been challenging. The Sensex opened positively, gaining 119.19 points, but reversed sharply to close down 1,239.80 points at 81,149.17, a decline of 1.36%. The index is trading below its 50-day moving average, although the 50DMA remains above the 200DMA, indicating some underlying longer-term support for the market. However, the immediate market sentiment is cautious, with volatility impacting stocks across sectors.
Within this context, Adani Green’s underperformance is pronounced. Its one-day decline of 5.43% significantly outpaced the Sensex’s 1.54% fall, underscoring the stock’s vulnerability amid the current market pressures. Over the past month, the stock has declined 20.03%, compared to the Sensex’s 4.33% drop, and over three months, the stock’s fall of 29.28% dwarfs the index’s 4.03% loss.
Under the radar no more! This Large Cap from Cement is emerging from turnaround with solid fundamentals intact. Discover it while it's still relatively hidden!
- - Hidden turnaround gem
- - Solid fundamentals confirmed
- - Large Cap opportunity
Longer-Term Performance and Market Capitalisation
Adani Green’s longer-term performance metrics reveal sustained challenges. Over one year, the stock has declined 17.14%, contrasting with the Sensex’s 5.53% gain. Year-to-date, the stock is down 20.61%, while the Sensex has fallen 4.95%. Over three and five years, the stock’s returns are negative at -32.17% and -19.74% respectively, whereas the Sensex has delivered robust gains of 36.14% and 75.01% over the same periods.
The company’s market capitalisation grade is rated at 1, indicating a relatively lower market cap standing within its peer group. This, combined with a Mojo Score of 7.0 and a recent downgrade from a Sell to a Strong Sell rating on 5 Jan 2026, reflects a cautious assessment of the stock’s current valuation and outlook by market analysts.
Immediate Pressures and Market Sentiment
The stock’s decline today can be attributed to a combination of broader market weakness, sector underperformance, and technical factors. The sharp reversal in the Sensex after a positive start has contributed to a risk-off sentiment, impacting stocks with weaker momentum. Adani Green’s inability to hold above key moving averages has likely intensified selling pressure from short-term traders and momentum investors.
Additionally, the stock’s recent consecutive losses and significant underperformance relative to the benchmark index have heightened caution among market participants. The downgrade to a Strong Sell rating further underscores the prevailing negative sentiment and the challenges the stock faces in regaining investor confidence.
Adani Green Energy Ltd or something better? Our SwitchER feature analyzes this large-cap Power stock and recommends superior alternatives based on fundamentals, momentum, and value!
- - SwitchER analysis complete
- - Superior alternatives found
- - Multi-parameter evaluation
Summary of Key Metrics
To summarise, Adani Green Energy Ltd’s performance on 1 Feb 2026 was marked by:
- Intraday low of Rs 819.7, down 3.77%
- Day change of -3.7%
- Underperformance versus sector by 3.41%
- Two consecutive days of decline, totalling -4.53%
- Trading below all major moving averages (5, 20, 50, 100, 200 days)
- Mojo Score of 7.0 with a Strong Sell rating as of 5 Jan 2026
- Market Cap Grade of 1
These factors collectively illustrate the immediate pressures weighing on the stock amid a challenging market backdrop.
Broader Market and Sector Dynamics
The power sector, in which Adani Green operates, has faced headwinds in recent sessions, with the stock’s performance lagging the sector average. The Sensex’s sharp reversal and trading below its 50-day moving average have contributed to a cautious environment, affecting stocks with weaker technical setups. While the 50DMA remains above the 200DMA, signalling some longer-term market resilience, the near-term trend remains subdued.
Adani Green’s relative underperformance compared to the Sensex and its sector peers highlights the stock’s current vulnerability to market fluctuations and investor sentiment shifts.
Conclusion
Adani Green Energy Ltd’s intraday low and overall decline on 1 Feb 2026 reflect a combination of technical weakness, sector underperformance, and broader market volatility. The stock’s position below key moving averages and its recent downgrade to a Strong Sell rating underscore the challenges it faces in the current environment. Market participants continue to monitor the stock’s price action closely amid ongoing pressures and cautious sentiment in the power sector and wider market.
Unlock special upgrade rates for a limited period. Start Saving Now →
