54% Rise In Adani Green This Year Tempts TotalEnergies To Record Profits www.thinkwithniche.comban site
Since the beginning of 2022, the value of Adani Green's shares has increased by almost 54%, which has persuaded TotalEnergies, one of the company's major shareholders, to declare a profit. Patrick Pouyanne, CEO of TotalEnergies, stated during an analyst call that the increase in the value of Adani Green is a "source of potential cash," suggesting that the energy giant may lower its holding and book gains while the stock is still rising.
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