Adani Green Energy shares zoom 16%, hit new 52-week high. Here's why
Wed, Feb 7, 2024 12:25 PM

Adani Green Energy shares zoom 16%, hit new 52-week high. Here's why

A Flip by Avya Verma
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Adani Green Energy's shares surged 16% to hit a new high after reports that the solar energy company is in talks with foreign banks, including one from the US, for their first dollar bond sale since the Hindenburg report. This deal is expected later this year and the terms may change. Adani's consolidated net profit doubled to Rs 256 crore in Q3 FY24.

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