Buy Adani Green Energy, target price Rs 1,150: ICICI Securities Jobbery Stock Market update

ICICI Securities recommends buying Adani Green Energy shares. The target price is Rs 1,150. Adani Green Energy reported strong Q4FY25 results. Revenue reached Rs 27 billion, up 31% year-on-year. EBITDA also increased by 31% to Rs 24 billion. Profit stood at Rs 3.9 billion, a 25% rise. The company commissioned 2.6GW capacity in Q4FY25.