Adani Power hits 11-month high

Adani Power hits 11-months high

Adani power has recently experienced a notable 6% increase in its stock price over just two days, reaching 11 months high of Rs 648.38, and gaining 2 percent on the BSE in intra-day trade. This sudden rally has sparked interest among investors and market analysis’s. Several factors have contributed to this upward movement.

Firstly, the company announced better-than-expected quarterly results, which significantly boosted investors in the sector and achieved record-breaking performance in the quarter, indicating a strong foundation for future growth. Adani Power’s shares have jumped day by day.  This rally is driven by a few key factors.  It has announced a new hydroelectric project in Bhutan, which is a 570MW venture in collaboration with Druck Green Power Corporation, with an investment of about rs 6000 crore in setting up the renewable energy power plant. This deal and very potential for further growth in Bhutan’s power sector, along with an overall positive trend in the energy markets, contributed to the stock’s 6% gain over two days in the market. This move represents a significant push into renewable energy. . This project's detailed report is already completed, and construction work is expected to begin by the first half of 2026, the completion is targeted within five years of groundbreaking.

Secondly, they have confirmed first-ever stock split in order to improve liquidity and attract many investors. Lastly, the anticipated GST reforms are expected to minimize coal price, which could drive Adani Power profit margins. So all in all, these developments are fueling investor optimism. Adani Power's operational efficiency and strong cash reserve, positioned it well for future expansion and attracted investor confidence, and increased income is driving sustained growth in electricity demand, benefiting companies.