shares surged as much as 6 per cent on Tuesday. The company’s arm had announced commissioning of a new 50 MW power project at Khavda in . The stock was trading about 4 per cent higher at ₹801.40, after touching an intraday high of ₹819.20, compared with the previous close of ₹772.80.
In the previous trading session, all Adani group stocks witnessed significant selling pressure on reports of US SEC summons to top executives. Adani Green hit a low of ₹765 on Friday against the day’s open at ₹909.
The renewable energy major said its arm, Adani Green Energy Twenty Six A Limited, a wholly owned step-down subsidiary, has operationalised the project, taking the group’s total operational renewable generation capacity to 17,287.2 MW.
The company also plans to more than double its b renewable energy park in Gujarat to over 7 GWh in FY27.
The rally in the stock came despite a sharp fall in quarterly profitability. Adani Green Energy reported a 99 per cent year-on-year decline in consolidated net profit to ₹5 crore in the third quarter of FY26, dragged by muted revenue growth and a steep rise in finance costs. Revenue from power supply increased 21 per cent from a year earlier, while total operating revenue grew 7.6 per cent to ₹2,837 crore in the December quarter, aided by higher generation and capacity additions.