Adani Power share price: Earlier during the day, the stock had gained more than 1.5% to hit a fresh 52-week high of Rs 182.7 apiece.
GQG Partners sold about 35 million shares, or about a 1% stake, with SBI Mutual buying most of the shares, says report
Adani Power share price: Morgan Stanley initiated call on Adani Power with an 'overweight' rating after SEBI cleared Gautam Adani and his business conglomerate of Hindenburg Research's stock manipulation charges.
Stocks to Watch, 15 September: Stocks like Gem Aromatics, Tata Technologies, Shakti Pumps India, Alembic Pharmaceuticals, Diamond Power Infrastructure, Engineers India, RailTel Corporation of India, Adani Power, Dr Reddy’s Laboratories, Ceigall India, and Apollo Hospitals Enterprises will be in focus on September 15.
Adani Power won the project by offering the lowest supply rate at Rs 6.075 per KWh.
Power imports, mainly from an Adani Power-run coal-fired plant in eastern India, rose 70% in the seven months through July and helped satisfy most of the rising demand
The Wangchhu project will see an investment of about Rs 6,000 crore in setting up the renewable energy power plant and related infrastructure
Stocks to Watch, 08 Sept: Stocks like Adani Power, SpiceJet, Jaiprakash Associates, Zydus Lifesciences, Aurobindo Pharma, BHEL, HFCL, Ceigall India, ACME Solar Holdings, Prime Focus, Time Technoplast, Exxaro Tiles, and NTPC Green Energy will be in focus on September 08.
Stocks to Watch, 03 September: Tata Consultancy Services, JSW Cement, Waaree Energies, PNC Infra, Adani Power, Yes Bank, E2E Networks, Vikran Engineering, TBO Tek, and Anlon Healthcare will be in focus on September 03.
Notably, this is Adani Power's first captive mine which has received government approval to commence mining operations.
Stocks to Watch, 01 September: Stocks like Torrent Power, NCC, PG Electroplast, BHEL, Popular Vehicles, EPACK Durable, Dharan Infra, Adani Power, Aurobindo Pharma, Classic Electrodes (India), Anondita Medicare, and Shivashrit Foods will be in focus on 01 September.
ICICI Securities is bullish on Adani Power has recommended buy rating on the stock with a target price of Rs 669 in its research report dated August 04, 2025.
Adani Power announces its first-ever stock split in the ratio of 1:5.
Adani Power Q1 results: Revenue rises 6% to Rs 14,109 crore
Adani Power will also declare its June quarter results on August 1
The market is expected to see further consolidation with a negative bias in the upcoming sessions. Below are some short-term trading ideas to consider.
Jefferies is bullish on Adani Power, tagging a 'Buy' recommendation with a price target of Rs 690.
BHEL share price: BHEL shares opened at Rs 272 apiece, the highest level seen by the stock in nearly 6 months.
Asit C Mehta recommended accumulate rating on Adani Power with a target price of Rs 680 in its research report dated May 21 2025.
Adani Power Share Price | The company will supply power at a highly competitive tariff of Rs 5.383 per unit from a greenfield 2x800 MW (1500 MW net) Ultra-supercritical power plant to be set up under the design, build, finance, own, and operate (DBFOO) model in the state.
This is further to the Uttar Pradesh cabinet approving the project earlier this month, a company statement said.
ICICI Securities is bullish on Adani Power has recommended buy rating on the stock with a target price of Rs 610 in its research report dated May 01, 2025.