Adani Green Energy Faces Continued Stock Decline Amid Broader Market Trends in October 2023

Feb 14 2025 12:15 PM IST
share
Share Via
Adani Green Energy's stock has declined for seven consecutive days, resulting in a total drop of 12.68%. Currently trading near its 52-week low, the stock is underperforming compared to its sector and is below all key moving averages, indicating a bearish trend over various time frames.
Adani Green Energy, a prominent player in the power generation and distribution sector, has experienced a notable decline in its stock performance today, with a decrease of 3.04%. This drop marks a continuation of a downward trend, as the stock has now fallen for seven consecutive days, resulting in a total decline of 12.68% over this period.

Currently, Adani Green Energy is trading close to its 52-week low, just 2.02% above the low of Rs 870.9. The stock's performance today has underperformed compared to its sector, lagging by 0.48%. Throughout the trading session, the stock reached an intraday low of Rs 882.25, reflecting a decrease of 3.39% at its lowest point.

In terms of moving averages, Adani Green Energy is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the short to long term. Over the past month, the stock has declined by 12.12%, contrasting with the Sensex, which has only seen a 1.20% decrease.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Why is Odigma Consultan falling/rising?
2 hours ago
share
Share Via
Why is Premium Plast falling/rising?
2 hours ago
share
Share Via
Why is Afcons Infrastr. falling/rising?
2 hours ago
share
Share Via
Why is Bikewo Green falling/rising?
2 hours ago
share
Share Via
Why is Quest Laborato. falling/rising?
2 hours ago
share
Share Via
Why is Kataria Indust. falling/rising?
2 hours ago
share
Share Via
Why is Vishwas Agri falling/rising?
2 hours ago
share
Share Via