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Adani Power shares zoom 400% from 52-week low: How long will the rally last?

Shares of Adani Power have surged over 400 per cent from their 52-week low in less than a year. Adani Power stock, which hit a 52-week low of Rs 69.95 on August 24, 2021, touched a 52-week high of Rs 354 on August 4, 2022, translating into a gain of 406 per cent during the period. An investment of Rs 1 lakh one year ago in the stock would have grown to Rs 5.06 lakh today.
Manoj Dalmia Tirthankar Das Powergrid Corp Adani Group Ashika Group Head Of Technical Research

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