Adani Inexperienced Power: Quant MF, different funds purchase stake in Rs 2,778 crore block deal

Adani Inexperienced Power witnessed a block deal price Rs 2,778 crore on Wednesday, which was executed at Rs 970 per share. TotalEnergies Renewables bought about 2.86 crore shares, and your complete block was absorbed by a various set of institutional traders, mutual funds, household workplaces and high-net-worth patrons.

Among the many greatest patrons had been Quant Mutual Fund, which picked up 1.23 crore shares, BNP Paribas Monetary Markets with 15.49 lakh shares, Vanguard Rising Markets Index Fund with 10.18 lakh shares and Edelweiss Mutual Fund with 10.30 lakh shares.

Different notable individuals included Amity Holdings, Cohesion MK Greatest Concepts Sub-Belief, 4 Dimensions Securities, GeeCee Ventures, Authum Funding & Infrastructure, and a number of other outstanding household workplaces and particular person traders.

The deal alerts continued institutional curiosity in Adani Inexperienced regardless of the inventory’s risky efficiency this 12 months.

For TotalEnergies, the transaction kinds a part of its portfolio rebalancing within the renewable area. The French power main stays a long-term strategic associate of the Adani Group throughout varied inexperienced power ventures, although the newest sell-down reduces its publicity within the listed entity.

Adani Inexperienced’s share value has been below strain over the previous 12 months. The inventory is down 17.85% over 12 months and 4.50% year-to-date. It has additionally slipped 3.34% prior to now six months. A modest restoration of 5.93% over the previous three months had steered some stability, however the inventory fell 5.72% within the final one month, reflecting persistent volatility.

The corporate stays a cornerstone of the Adani Group’s green-energy ambitions, with certainly one of India’s largest renewable portfolios throughout photo voltaic, wind and hybrid tasks.Analysts say that whereas the long-term development runway stays robust, near-term sentiment continues to be influenced by broader market weak point, stretched valuations throughout renewable names, and international risk-off cues.

Adani Group reported a powerful first half for FY26, pushed by document capital expenditure, increased working earnings and continued enchancment in credit score high quality throughout its core infrastructure companies.