Adani Energy Solutions Ltd. (AESL) saw a decline of 2.34% in its share price, closing at ₹986.20 on October 23, 2024, compared to the previous close of ₹1,009.85. This drop translated into a market capitalization loss of approximately ₹2,769 crore, with AESL’s total market cap now standing at ₹1,18,470.49 crore.
Adani Energy Solutions Q2 FY25 Performance
AESL reported a 19% year-on-year (YoY) increase in consolidated EBITDA for Q2 FY25, reaching ₹1,787 crore. Despite this growth in absolute EBITDA, the EBITDA margin declined significantly to 28.9%, down from 41% in the same period last year. This drop in margin contributed to the decline in stock price, even though the company witnessed a robust 69% rise in total income, driven by new transmission projects and higher energy sales.
Key Financial Highlights
- EBITDA: ₹1,787 crore (19% YoY growth)
- EBITDA Margin: Declined to 28.9% from 41% YoY
- Stock Price: Fell 2.34%, from ₹1,009.85 to ₹986.20
- Market Cap: Dropped by ₹2,769 crore to ₹1,18,470.49 crore
Adani Energy Solution Share Price history
| Day | Open | Close | Day’s change |
|---|---|---|---|
|
Tue, Oct 22 2024
|
₹1,017.50
|
₹1,009.85
|
-0.76%
|
|
Mon, Oct 21 2024
|
₹1,043.30
|
₹1,017.55
|
-2.47%
|
|
Fri, Oct 18 2024
|
₹1,015.55
|
₹1,043.30
|
|
|
Thu, Oct 17 2024
|
₹1,027.05
|
₹1,021.65
|
-1.07%
|
|
Wed, Oct 16 2024
|
₹1,010.75
|
₹1,032.65
|
|
|
Tue, Oct 15 2024
|
₹984.85
|
₹1,004.70
|
|
|
Mon, Oct 14 2024
|
₹994.00
|
₹982.40
|
|
|
Fri, Oct 11 2024
|
₹997.90
|
₹976.80
|
-1.32%
|
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