07-04-2023 09:38 AM | Source: Accord Fintech
Adani Green Energy inches up on planning to raise funds
News By Tags | #8165 #7182 #572

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Adani Green Energy is currently trading at Rs. 945.25, up by 3.35 points or 0.36% from its previous closing of Rs. 941.90 on the BSE.

The scrip opened at Rs. 940.05 and has touched a high and low of Rs. 949.15 and Rs. 940.05 respectively. So far 2421 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2574.05 on 23-Aug-2022 and a 52 week low of Rs. 439.35 on 28-Feb-2023.

Last one week high and low of the scrip stood at Rs. 966.00 and Rs. 894.00 respectively. The current market cap of the company is Rs. 149200.02 crore.

The promoters holding in the company stood at 57.26%, while Institutions and Non-Institutions held 18.57% and 24.16% respectively.

Adani Green Energy is planning to raise funds by way of issuance equity shares or any other eligible securities (Securities) through permissible modes, including but not limited to a private placement, a qualified institutions placement, preferential issue, or any other method or combination of methods as may be permitted under applicable laws. A meeting of the board of directors of the company will be held on July 06, 2023, to consider and approve the same. 

Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind.