Stay away from Adani Power: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "We would stay away from Adani Power. It is the weakest of the three Adani Companies and I do not relate it to power in general."

At 11:08 hrs Adani Power was quoting at Rs 36.25, down Rs 0.30, or 0.82 percent. It has touched an intraday high of Rs 36.90 and an intraday low of Rs 35.90.

The share touched its 52-week high Rs 68.40 and 52-week low Rs 29.45 on 22 January, 2013 and 05 August, 2013, respectively. Currently, it is trading 47 percent below its 52-week high and 23.09 percent above its 52-week low. Market capitalisation stands at Rs 10,410.72 crore.