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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. ....

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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. ....

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Adani Power shares slip 10% in two sessions, here's why

Shares of Adani Power fell 10 per cent in two trading sessions as investors booked profit ahead of their inclusion in the Morgan Stanley Capital International (MSCI) index. The global index provider had announced changes to the index in mid-May. Adani Power along with other stocks was among the additions to the index. However, the announcement did not include changes to the weightings of individual stocks in its indexes. ....

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Adani Power stock slips 5%, down for third straight session

Shares of Adani Power hit lower circuit of 5 per cent for the second consecutive session amid the ongoing market correction. Adani Power stock fell 4.99 percent to Rs 254.25 against the previous close of Rs 267.60 on BSE.

On Tuesday, the stock closed 5 per cent lower against the previous close of Rs 281.65 on BSE. The share has fallen 12 per cent in the last three sessions. The stock opened with a loss of 3.49 percent at Rs 258.25 today.

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Adani Power Q4 results: Net profit zooms to Rs 4,645 cr, EBIDTA rises 271%

The company's consolidated total revenue zoomed 93 per cent YoY to Rs 13,308 crore as against Rs 6,902 crore in the same quarter last fiscal. ....

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