Adani Green shares tumble 5% after Q1 results. Here’s why Bernstein has an Underperform rating

July 23, 2026

Adani Green Energy shares fell on Thursday despite reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% year-on-year to Rs 845 crore and revenue increasing 16% to Rs 4,663 crore. Revenue from power supply jumped 29%, supported by robust operational performance and a 27% increase in operational capacity to 20,142 MW.

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