Jefferies says Adani Green stock looks attractive after 22% pullback
In short
Jefferies India said Adani Green Energy shares have fallen 22% from their peak. It said the stock trades at 20 times one-year forward EBITDA and may look attractive because EBITDA is expected to grow 30% a year from FY26 to FY30.
This matters because it can shape how investors view the stock. The reporting does not say if Jefferies changed its target price or whether the shares moved after the note.
What the reporting says
Jefferies India said Adani Green Energy’s stock has corrected 22% from its peak and now trades at 20x one-year forward EBITDA. The report said that valuation appears attractive given an expected 30% FY26-30E EBITDA CAGR. The available reporting does not say whether Jefferies changed its target price or what the stock did immediately after the note.
Why it matters
Jefferies India said Adani Green Energy’s stock has dropped 22% from its peak and now trades at 20x one-year forward EBITDA, which it described as attractive against a 30% FY26-30E EBITDA CAGR estimate. The report is about valuation and expected growth, not a company filing or operational update. The immediate market impact beyond investor sentiment is not stated.