Adani Green Energy shares fall 4% after Q2 results. What are Jefferies, JM Financial saying?
60-Word AI Digest
Adani Green Energy reported a 15% year-on-year rise in Q2FY27 net profit to Rs 673 crore, while revenue grew 39% to Rs 4,520 crore. Shares fell 4% after the results. Jefferies maintained its Buy rating, while JM Financial retained Add, citing growth opportunities and operational challenges.
Key Takeaways
- Adani Green Energy reported a 15% year-on-year rise in Q2FY27 net profit to Rs 673 crore, while revenue grew 39% to Rs 4,520 crore.
- Shares fell 4% after the results.
- Jefferies maintained its Buy rating, while JM Financial retained Add, citing growth opportunities and operational challenges.
Adani Green Energy reported a 15% year-on-year rise in Q2FY27 net profit to Rs 673 crore, while revenue grew 39% to Rs 4,520 crore. Shares fell 4% after the results. Jefferies maintained its Buy rating, while JM Financial retained Add, citing growth opportunities and operational challenges.
Original Publisher Attribution
This summary was curated from Economic Times.