Shares of Adani Green are one of the multibagger stocks in 2022. Out of 190 multibagger stocks in FY22, the share price of Adani Green Energy has delivered staggering returns to its shareholders in the past one year. Like other shares of Adani Group, the PE ratio of the shares of Adani is also very high at around 1076 and its market cap is 4.48 lakh crores.
Hence, the share price rally of Adani Green in recent times has played a major role in pushing the net worth of its chairman Gautam Adani. Gautam Adani is ranked fifth in the Bloomberg Billionaires Index today, followed by Warren Buffett, Larry Page and Indian billionaire Mukesh Ambani. In the last 3 years, the share price of Adani Green on NSE has appreciated 43 to 2910, registering an increase of about 6600 percent in this period.
Adani Green’s stock opened with today’s upper margin 66 per share and K reached its intraday high 2910 each level within minutes of the bell opening.
Adani Green Share Price History
In the past one month, this multibagger Adani stock has risen by almost since 1930 2910 levels, with a gain of 50 percent. In YTD timing, this multibagger Adani stock has risen closely from 1345 2910, appreciating around 115 per cent in 2022. Over the past 6 months, this multibagger stock has been . has grown from from 1147 2910, an increase of about 150 percent in this time. In the past year, Adani Green Energy share price has risen from 1055 2910, provides a return of approximately 170 percent to its shareholders.
Similarly, the share price of Adani Green has risen by 43 (Closing Price on NSE 26 April 2019) to 2910 Today, almost 66 times growth has been registered in these 3 years.
impact on shareholders
Taking cues from Adani Green’s share price history, if an investor had invested 1 lakh in this multibagger stock a month ago, its would have turned into 1 lakh 1.50 lakh today if an investor had invested 1 lakh in this stock, then in YTD time, its would have turned into 1 lakh 2.15 lakh today. If an investor had invested 1 lakh in this multibagger stock 6 months ago, its would have been 1 lakh 2.50 lakhs today. Similarly, if an investor had invested 1 lakh in this multibagger stock a year ago, its would have turned into 1 lakh 2.70 lakhs today.
Similarly, if an investor had invested 1 lakh in this multibagger stock 3 years ago, buy one Adani Green share 43, its would have turned into 1 lakh 67 lakhs today provided the investor has been invested in this multibagger stock during the entire period.