Adani Green surges 5%, hits record high on no material impact of Covid-19

The company doesn't expect any issue in servicing the debt and other financing arrangements.

Shares of Adani Green Energy hit an all-time high of Rs 273 and were locked in the 5 per cent upper circuit band on the BSE on Tuesday, after the company said that there will be no material impact on the company’s profit due to the Covid-19 pandemic.

The stock was trading higher for the fifth straight trading day. In the past three months, the stock has zoomed 75 per cent against a 12 per cent decline in the S&P BSE Sensex.

Till 10:07 am, a combined 360,000 equity shares changed hands on the counter on the BSE and NSE.