Stock to watch: Adani Green shares in focus on report of co's plan to raise up to $1 billion by issue of dollar-denominated bonds

Adani Green Energy's subsidiaries plan to raise up to $1 billion through US dollar-denominated bonds this month. The bonds will have a 20-year maturity and be issued in multiple tranches. The company recently raised $409 million through bonds and reported a significant increase in net profit and total income in the recent quarter.