The Ministry of Power outlined a ₹200 trillion ($2.2 trillion) long-term investment roadmap for India's power sector over the next two decades.
Heatwave alert: Rising temperatures could drive a surge in power demand. Analysts see opportunities in select power stocks like NTPC, Tata Power, JSW Energy, and Adani Power.
Kunal Kamble, technical analyst at Bonanza expects Adani Power to test ₹200 on the upside in the long-term, and Adani Energy Solutions to test ₹1,400 levels.
Adani Power stock was trading at ₹151.35, up by 3.3 per cent from the previous session's close of ₹146.57
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Power to be supplied from upcoming ultra-supercritical plant under proposed 25-year agreement starting FY31
At 12:12 PM on Thursday; the BSE Power index was up 2.3 per cent at 7,043.98, as compared to 0.54 per cent decline in the BSE Sensex at 76,447.51.
As many as 34 out of the 40 constituent stocks were trading in the green, while six were in the red
The six stocks that will join the F&O segment include Adani Power, Cochin Shipyard, Hyundai Motor India, Motilal Oswal Financial Services, Nippon Life India Asset Management, and Vishal Mega Mart
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India has added 65 Gw of renewable energy capacity, 4 Gw of hydro, 0.6 Gw of nuclear and 10 Gw of coal-based capacity since May 2024
Antique highlighted JSW Energy and Adani Power as its preferred picks, citing their strong execution visibility
Adani Enterprises, the group's flagship, jumped as much as 12 per cent, marking its steepest intraday gain since November 2024
However, thus far in the calendar year 2026, the Adani Group stocks have underperformed the market by falling up to 19 per cent, as against 4.6 per cent decline in the BSE Sensex.
Adani Power reported a consolidated net profit of ₹2,480 crore for Q3FY6, down 19 per cent from ₹3,057.21 crore during the same period last year
Adani Power attributed the decline in Q3 profit to lower one-time prior period income recognised during the quarter, as compared to the corresponding quarter of FY25
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Adani Green Energy stock slipped 10% to ₹814 in intra-day deal, while Adani Energy Solutions (₹840) and Adani Enterprises (₹1,895.50) were down 9% each.
NCLAT upholds Adani Power's ₹4,000 crore resolution plan for Vidarbha Industries Power, rejecting challenges on CIRP timeline and operational creditor payouts under the IBC
A bench comprising Justices Aravind Kumar and NV Anjaria held that the customs department lacked statutory authority to impose duty on electrical energy cleared from the SEZ to the DTA