Adani Green Energy shares fall 4% after Q2 results. What are Jefferies, JM Financial saying?
Adani Green moved lower in a quarterly results development for Q2FY27.
· Economic Times Markets, Business Standard Mkts, ET Stocks
Adani Green Energy reported a 15% year-on-year rise in Q2FY27 net profit to Rs 673 crore, while revenue grew 39% to Rs 4,520 crore. Shares fell 4% after the results. Jefferies maintained its Buy rating, while JM Financial retained Add, citing growth opportunities and operational challenges.
Key facts
- Period
- Q2FY27
The analysis
Adani Green reported Rs 673 crore and Rs 4,520 crore for Q2FY27, with movement of 4%, 15% and 39% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -0.4% on the day at ₹1,253.50, and has returned -18.4% over three months. It sits 22% below its 52-week high. The power sector has moved -16.5% over the same period, so Adani Green is running 1.9 points behind its peers.
For Adani Green, the question is how much of this is already reflected in the price and how much re-rates the power peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- The company directly in focus is ADANIGREEN.
- Sector exposure: Power, Capital Markets, Financial Services.
- The immediate tone of coverage reads negative.
In this story
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