Adani Green Energy Shows Resilience Amid Broader Market Decline and Mixed Performance

Adani Green Energy has shown notable activity today, gaining 3.1% as of May 16, 2025. The stock outperformed its sector by 2.42%, reaching an intraday high of Rs 998.4, reflecting a 3.2% increase. In terms of moving averages, the stock is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.
In the broader market context, the Sensex opened lower at 82,392.63, down 138.11 points (-0.17%), and is currently trading at 82,439.00, a slight decline of 0.11%. The index is approximately 4.29% away from its 52-week high of 85,978.25. While the Sensex is trading above its 50-day moving average, the 50-day moving average itself is below the 200-day moving average.

Adani Green Energy's performance over various time frames shows a 2.54% increase today, a 12.87% rise over the past week, and a 4.91% increase over the past month. However, its one-year performance reflects a decline of 46.20%, contrasting sharply with the Sensex's gain of 11.92% during the same period.