Mumbai, October 16 (Daily Kiran): Shares of Adani Green Energy Ltd (AGEL) were trading higher on Thursday after the company announced that its wholly owned subsidiary, Adani Saur Urja (KA), has incorporated five new subsidiaries to expand its renewable energy portfolio.
The stock was quoted at ₹1,056.50, up ₹12.40 or 1.19%, from its previous close of ₹1,044.10 on the BSE. The scrip opened at ₹1,054.10, hitting an intraday high of ₹1,067.00 and a low of ₹1,053.05. A total of 92,750 shares were traded on the counter. The company’s market capitalization currently stands at ₹1,74,065.34 crore.
Over the past year, Adani Green Energy shares have touched a 52-week high of ₹1,772.45 (October 16, 2024) and a low of ₹758.00 (March 3, 2025). The promoter group holds 62.43%, while institutional investors and non-institutional investors hold 14.27% and 23.30%, respectively.
According to the company’s regulatory filing, Adani Saur Urja (KA) has incorporated:
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Adani Hydro Energy Eleven (AHE11L) and Adani Hydro Energy Twelve (AHE12L) on October 13, 2025,
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Adani Hydro Energy Fifteen (AHE15L) on October 14, 2025, and
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Adani Hydro Energy Fourteen (AHE14L) and Adani Hydro Energy Seventeen (AHE17L) on October 15, 2025.
The newly incorporated subsidiaries will focus on the generation, development, transmission, and sale of renewable energy, including wind, solar, and other clean energy sources.
Adani Green Energy Ltd, part of the Adani Group, is one of India’s largest renewable energy companies. It builds, owns, and operates power plants across the country powered by solar and wind energy, contributing to India’s clean energy transition and sustainability goals.
My name is Bhupendra Singh Chundawat. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
