Adani Green Energy hits new high; zooms 120% in two months

Earlier this month, rating agency India Ratings and Research (Ind-Ra) had affirmed AGEL's long-term issuer rating at 'IND A' with a stable outlook.

Shares of Adani Green Energy (AGEL) hit a new high of Rs 115, up 7 per cent on the BSE on Monday on back of heavy volumes. The stock had rallied 10 per cent on Friday.

The counter has seen huge trading volumes with a combined 2.45 million shares changing hands on the NSE and BSE in the first half-an-hour of trading. In the past two months, the stock has zoomed 120 per cent, as against a 5 per cent rally in the benchmark S&P BSE Sensex. At 10:35 AM, the stock was trading 6.4 per cent higher at Rs