If You Had Bought Adani Green Energy (NSE:ADANIGREEN) Stock A Year Ago, You’d Be Sitting On A 18% Loss, Today
Green Energy

If You Had Bought Adani Green Energy (NSE:ADANIGREEN) Stock A Year Ago, You’d Be Sitting On A 18% Loss, Today

NSE:ADANIGREEN) share price up 25% in a single quarter. But that doesn’t change the reality of under-performance over the last twelve months. After all, the share price is down 18% in the last year, significantly under-performing the market.” data-reactid=”27″ type=”text”>While it may not be enough for some shareholders, we think it is good to see the Adani Green Energy Limited (NSE:ADANIGREEN) share price up 25% in a single quarter. But that doesn’t change the reality of under-performance over the last twelve months. After all, the share price is down 18% in the last year, significantly under-performing the market.

See our latest analysis for Adani Green Energy ” data-reactid=”28″ type=”text”> See our latest analysis for Adani Green Energy

Adani Green Energy isn’t currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth.

The company’s revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).

report on how its financial position has changed over time.” data-reactid=”44″ type=”text”>Balance sheet strength is crucial. It might be well worthwhile taking a look at our free report on how its financial position has changed over time.

A Different Perspective

it might be wise to click here to see if insiders have been buying or selling shares. ” data-reactid=”46″ type=”text”>Adani Green Energy shareholders are down 18% for the year, even worse than the market loss of 9.7%. There’s no doubt that’s a disappointment, but the stock may well have fared better in a stronger market. Putting aside the last twelve months, it’s good to see the share price has rebounded by 25%, in the last ninety days. This could just be a bounce because the selling was too aggressive, but fingers crossed it’s the start of a new trend. Before spending more time on Adani Green Energy it might be wise to click here to see if insiders have been buying or selling shares.

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