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TITLE : Relationship of Nifty fifty with adani green energy limited <\/b><\/p>\n
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AUTHOR : Amrapali Suryanarayan Kamble<\/b><\/p>\n
INTRODUCTION<\/b> :<\/p>\n
Adani Green Energy Limited (AGEL) is one of India\u2019s largest renewable energy companies and a key part of the Adani Group. The company was established in 2015 and is headquartered in Ahmedabad, Gujarat, India. It focuses on the development, ownership, and operation of renewable power projects, mainly in solar energy, wind energy, and hybrid renewable energy systems.<\/p>\n
AGEL plays an important role in supporting India\u2019s transition toward clean and sustainable energy. The company builds large-scale, grid-connected renewable power plants and supplies electricity mainly to government entities and power distribution companies through long-term power purchase agreements (PPAs).<\/p>\n
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OBJECTIVE<\/b> : Calculation of Beta and observe its significance.<\/p>\n
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LITERATURE REVIEW :<\/b><\/p>\n
1 <\/b>.Growth and Development of Renewable Energy Projects<\/p>\n
According to Gautam Adani (2023), to the annual and corporate reports of Adani Green Energy Limited, the company has emerged as a leading renewable power producer in India by focusing on large-scale solar and wind projects. The organization develops and operates grid-connected renewable energy plants that supply electricity to central and state government utilities. These projects help improve energy security and reduce dependence on fossil fuels. The report highlights that AGEL\u2019s long-term power purchase agreements and large project execution capabilities have enabled rapid expansion across multiple states in India.<\/p>\n
2<\/b> .Role of Renewable Energy Companies in Sustainable Development<\/p>\n
According to Rajesh Adani (2022),Research on renewable energy development in India indicates that companies such as Adani Green Energy Limited play a significant role in the country\u2019s clean energy transition. Studies emphasize that large renewable energy developers contribute to reducing greenhouse gas emissions and increasing the share of renewable power in the national energy mix. AGEL\u2019s investment in solar parks, wind farms, and hybrid energy projects has helped expand India\u2019s renewable capacity and support sustainable development goals.<\/p>\n
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Data collection <\/b>\u2013 The data for Nifty 50 and adani green energy limited was downloaded from NSE India.com for the period of 1-01-2025 to 31-12-2025 Friday closing prices for Nifty 50 and adani green energy limited was segregated weekly returns of Nifty 50 and adani green energy limited were calculated. Weekly returns of Nifty 50 were taken as X and weekly returns of adani green energy limited were taken as Y. Y was regressed on X.<\/p>\n
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Data analysis \u2013 In place of Demand is adani green energy limited and Price is Nifty 50.<\/p>\n
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Adani green energy limited = -0.27+0.88 Nifty+e<\/p>\n
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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>(20.34)**<\/p>\n \u00a0<\/p>\n N=48, R-square=0.899, price=(20.34)**, F= 413**<\/p>\n \u00a0<\/p>\n Interpretation<\/b> \u2013 The above equation shows the relationship between price and demand. Negative sign means there is inverse relationship which means if price rises, demand falls and vice versa If price rises by 1 unit, The demand rises by 0.088 . Number of observations are 48.<\/p>\n \u00a0<\/p>\n T stands for Beta 20.34 . The P-value for which is 1.2 is more than 0.05 meaning Beta is statistically significant at 120 % level, meaning price impact at 120 % level, R- square is 0.89 \u00a0<\/span>meaning only 89% demand is explained by price, 11% is the error due to the variables not included in the model.<\/p>\n \u00a0<\/p>\n Conclusion<\/b> \u2013Invest in Adani Green Energy Limited for long term<\/p>\n \u00a0<\/p>\n Reference<\/b> \u2013<\/p>\n 1 . Sharma, R. (2024). Growth and renewable energy strategy of Adani Green Energy Limited. Journal of Renewable Energy Studies, 12(2), 45\u201360.<\/p>\n 2 . Gupta, P., & Mehta, S. (2023). Financial performance analysis of Adani Green Energy Limited. International Journal of Finance and Sustainability, 10(1), 78\u201390.<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" TITLE : Relationship of Nifty fifty with adani green energy limited \u00a0 AUTHOR : Amrapali Suryanarayan Kamble INTRODUCTION : Adani Green Energy Limited (AGEL) is one of India\u2019s largest renewable energy companies and a key part of the Adani Group. The company was established in 2015 and is headquartered in Ahmedabad, Gujarat, India. It focuses… Continue reading Adani Green Energy Limited<\/span><\/a><\/p>\n","protected":false},"author":140137,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-25087","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/25087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/users\/140137"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25087"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/25087\/revisions"}],"predecessor-version":[{"id":25088,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/25087\/revisions\/25088"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25087"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}