Adani Green Energy : CMP 948
#ADANIGREEN
The QoQ sales are increasing since June 2020 at an average rate of 50.91%✨ whereas the net profit has inconsistent QoQ growth.❌
With a borrowing of 54,223Cr. they only have reserves worth 5,720Cr.❗️❌
On QoQ basis the FIIs and DIIs have started to increase their holdings and India Ratings Revises Adani Green Energy’s Outlook to 1 level negative to A+.✅🔥
The stock has been consolidating since the past 6 1/2 months. Wait for breakout before taking entry.
At Important Support Trendline, Weak Below 930
Technically= Bad❌
Fundamentally= Bad❌
#ADANIGREEN
The QoQ sales are increasing since June 2020 at an average rate of 50.91%✨ whereas the net profit has inconsistent QoQ growth.❌
With a borrowing of 54,223Cr. they only have reserves worth 5,720Cr.❗️❌
On QoQ basis the FIIs and DIIs have started to increase their holdings and India Ratings Revises Adani Green Energy’s Outlook to 1 level negative to A+.✅🔥
The stock has been consolidating since the past 6 1/2 months. Wait for breakout before taking entry.
At Important Support Trendline, Weak Below 930
Technically= Bad❌
Fundamentally= Bad❌