Adani Green Energy shares fall 4% after Q2 results. What are Jefferies, JM Financial saying?
Jefferies and JM Financial rate stocks including Adani Green and JM Financial.
· Economic Times Markets, Business Standard Mkts, ET Stocks
Adani Green Energy reported a 15% year-on-year rise in Q2FY27 net profit to Rs 673 crore, while revenue grew 39% to Rs 4,520 crore. Shares fell 4% after the results. Jefferies maintained its Buy rating, while JM Financial retained Add, citing growth opportunities and operational challenges.
Key facts
- Period
- Q2FY27
The analysis
Where the names start from: Adani Green is 19% below its 52-week high, -4.4% over three months; JM Financial is 36% below its 52-week high, -11.2% over three months. A rating is set against the price on the day the note is written, so how far a stock has already run is the part of the case the headline upside leaves out.
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- Brokerage calls from Jefferies and JM Financial, with ratings on the stocks named. The stocks: Adani Green and JM Financial.
- On the day, 0 of 2 are higher: Adani Green leads at -0.6% and JM Financial trails at -5.5%.
- Over three months: Adani Green -4.4% against Power -13.2% (8.8 points ahead); JM Financial -11.2% against Capital Markets -6.3% (4.9 points behind).
- At least 25% below the 52-week high: JM Financial (36%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Adani GreenADANIGREEN · Power | ₹1,298.70 | -0.6% | +1.6% | -4.4% | -19.1% | 0.6× | — |
| JM FinancialJMFINANCIL · Capital Markets | ₹107.78 | -5.5% | -16.5% | -11.2% | -35.7% | 1.1× | — |
Power
1M -6.9% · 3M -13.2%
Adani Green
Capital Markets
1M -2.9% · 3M -6.3%
JM Financial
Financial Services
1M -8.8% · 3M -14.9%
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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