Adani Green Energy’s stock showed an upward trend during the week from 7 to 11 July and gained even more on Monday, 14 July. It started at ₹991.30 on 7 July and went up slightly to ₹992.00 on 8 July, a small increase of 0.07%.
The real upward movement began on 9 July, when the stock reached ₹1007.00, which was a 1.58% rise from the opening price at the start of the week.
The next two days also showed good performance. The stock reached ₹1003.00 on 10 July and ₹998.30 on 11 July. These were gains of 1.18% and 0.71% compared to the price on 7 July.
Even though the daily increases were small, they showed that investors were still interested in buying and that the stock was rising steadily without big ups and downs.
The real change came on Monday, 14 July, when the stock upper circuit of ₹1028.00, registering a 3.70% rise compared to its 7 July opening.
Adani Green Energy continued its upward momentum on Tuesday, 15 July, as the stock reached a new high of ₹1,030.30, slightly higher than Monday’s peak of ₹1,028.00. The stock gained 0.22% in a single day, raising expectations for a strong performance throughout the week.
The stock is going up because the company is growing quickly, the promoters are investing more money, which shows their confidence, and many investors are buying in, expecting even stronger performance in the future.
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