Introduction:
Return on Equity (ROE):
ROE measures a company’s profitability relative to shareholders’ equity, indicating how efficiently management uses invested funds to generate profits. A higher ROE reflects strong financial performance, making it a crucial metric for investors seeking profitable and well-managed companies.
Return on Capital Employed (ROCE):
ROCE evaluates a company’s ability to generate profits from its total capital, including debt and equity. It highlights operational efficiency and long-term profitability, helping investors compare performance across companies, particularly in capital-intensive industries, and assess their ability to generate value from investments.
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Adani Green Energy Ltd
On December 6, 2024, Adani Green Energy Ltd opened at ₹1,236.95, slightly up from its previous close of ₹1,229.70. The stock reached a high of ₹1,267.00 (3.04%) and a low of ₹1,206.10. By 4:00 PM, it traded at ₹1,210.35, down 1.57%, with a market cap of ₹1,91,723.37 crore.
Adani Green Energy Ltd, a leading renewable energy firm, reports a 9.65% ROCE and 14.7% ROE, showcasing efficient capital use and strong shareholder returns. Focused on solar and wind energy, the company drives India’s renewable energy growth while maintaining steady profitability.
Adani Green Energy Ltd is a leader in India’s renewable energy sector, focusing on large-scale solar and wind energy projects. With a commitment to sustainability, it operates a growing portfolio of renewable assets, contributing significantly to India’s clean energy transition and environmental goals.
Adani Power Ltd
On December 6, 2024, Adani Power Ltd opened at ₹540.00, slightly up from its previous close of ₹537.40. The stock reached a high of ₹546.00 (1.61%) and a low of ₹534.30. By 4:00 PM, it traded at ₹536.25, down 0.21%, with a market cap of ₹2,06,828.35 crore.
Adani Power Ltd, India’s largest private thermal power producer, boasts a strong ROCE of 32.2% and ROE of 57.1%. These figures reflect efficient operations and profitability, as the company continues to meet India’s energy needs with reliability and innovation.
Adani Power Ltd, a subsidiary of the Adani Group, is India’s largest private thermal power producer. The company operates multiple power plants across the country, leveraging advanced technology to deliver reliable energy while exploring renewable options to support India’s growing energy demands sustainably.
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Adani Total Gas Ltd
On December 6, 2024, Adani Total Gas Ltd opened at ₹748.80, up from its previous close of ₹743.55. The stock reached a high of ₹751.30 (1.04%) and a low of ₹728.60. By 4:00 PM, it traded at ₹731.40, down 1.63%, with a market cap of ₹80,440.11 crore.
Adani Total Gas Ltd, a leader in city gas distribution, showcases robust financial performance with a ROCE of 21.2% and ROE of 20.5%. Its focus on sustainable CNG and PNG solutions drives growth while supporting India’s cleaner energy transition.
Adani Total Gas Ltd, a joint venture with TotalEnergies, focuses on city gas distribution networks, providing compressed natural gas (CNG) and piped natural gas (PNG) to households, industries, and vehicles. It plays a vital role in promoting cleaner energy solutions across urban and rural India.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
