ADANIGREEN:NSEADANIGREEN FUTURES Analysis

ADANIGREEN is trading at ₹1,373, comfortably above its 20‑day SMA of ₹1,284 and the longer‑term 50‑day (₹1,063) and 200‑day (₹1,013) averages, underscoring a sustained bullish bias. The 30‑day volatility of ~48% and a Extreme Greed sentiment score of 88.5 reinforce the market’s appetite for upside. However, the 14‑day RSI sits at 68, edging into overbought territory, and the MACD line (≈91) has just slipped below its signal (≈91.5), generating a bearish histogram signal. Technical support sits near ₹1,120, while resistance caps at the 52‑week high of ₹1,471, leaving a modest upside corridor.
On the fundamentals side, Q4 FY26 revenue rose 16% YoY to ₹3,094 cr and FY26 revenue grew 22% to ₹11,602 cr, reflecting robust power sales. EBITDA expanded 20% to ₹2,944 cr and cash profit jumped 21% to ₹1,494 cr, indicating strong cash generation. The company’s operational capacity now stands at 19,586 MW, poised to breach the 20 GW milestone, and a ₹15,000 cr plan to add >10 GWh of battery storage adds a strategic growth lever. With a market cap exceeding ₹2.26 trillion and a forward P/E of ~44x, valuation remains elevated but justified by the growth trajectory. The computed beta of –0.33 suggests an inverse correlation to broader market moves, providing a defensive tilt in volatile environments. Investors should monitor the upcoming board meeting for guidance on the new capacity and storage rollout, and a break above the ₹1,471 resistance would validate the bullish bias, while a dip below the ₹1,120 support could trigger a corrective move.