The stock rose after the company reported a standalone net profit of Rs 138 crore for the June quarter of FY21 against Rs 5.52 crore in the year-ago period.
Adani Green Energy shares were locked in 5 percent upper circuit at Rs 638.85, also a new high, in intraday trade on BSE on September 14.
The stock rose after the company, on September 11, reported a standalone net profit of Rs 138 crore for the June quarter of FY21, against Rs 5.52 crore in the year-ago period.
Its standalone total income for Q1FY21 stood at Rs 253 crore against Rs 192 crore in Q1FY20.
The market-capitalisation (m-cap) of Adani Green Energy is now close to Rs 1 lakh crore on BSE.
Media reports say that Adani Green Energy is looking to tie-up with some banks to avail greenfield funding for its under-construction assets.
The company will raise $1.8 billion for the under-construction and contracted portfolio of 12 GW, which includes the country’s first manufacturing-linked solar power plant of 8 GW, Mint reported.
Shares of Adani Gas jumped 4 percent to hit their fresh all-time high of Rs 214.85.Read more: Ports, power, renewables and now airports — Adani Group’s big, bold infrastructure bets