Adani Green Energy Shows Positive Short-Term Gains Amid Broader Market Strength

Adani Green Energy has shown notable activity today, gaining 3.1% as of June 24, 2025. The stock has outperformed its sector by 2.57%, marking a positive trend over the last three days with a cumulative return of 5.97%. It opened with a gain of 2.23% and reached an intraday high of Rs 992.3, reflecting a 3.15% increase.
In terms of moving averages, Adani Green Energy is currently above its 5-day, 50-day, and 100-day moving averages, although it remains below the 20-day and 200-day moving averages. This indicates a mixed performance in the short to medium term.

In the broader market context, the Sensex opened higher, gaining 637.82 points and currently trading at 82,619.29, which is 4.07% away from its 52-week high. The index is also trading above its 50-day moving average, with bullish indicators suggesting a strong market position for mega-cap stocks today.

Despite the recent gains, Adani Green Energy's year-to-date performance remains negative at -4.52%, contrasting with the Sensex's positive return of 5.79%. Over the past year, the stock has declined by 45.15%, while the Sensex has increased by 6.88%.