Adani Power Share Performance Update
Adani Power shares fell as much as 2.5% to an intraday low of Rs 151 on the BSE on Wednesday, following a concerning financial report. This decline comes after the stock had gained over 7% on the exchanges prior to the downturn.
The company’s recent financial performance revealed a 19% year-on-year drop in its December quarter consolidated net profit, which stood at Rs 2,480 crore. Additionally, Adani Power reported a 9% year-on-year decrease in revenue from operations, amounting to Rs 12,451 crore.
During the trading session on 18 March 2026, Adani Power saw a total of 11,653,185 shares exchanged. The stock opened at ₹156.00 and reached an intraday high of ₹156.50 before retreating.
Despite the recent decline, Adani Power maintains a market capitalisation of approximately ₹2,93,802 crores. The company’s Mojo Score stands at 50.0, indicating a Hold rating.
In a statement, Adani Power remarked, “This achievement marks yet another PSA win for APL during a period of renewed surge in investments in the thermal power sector.” S B Khyalia, CEO of Adani Power, added, “We are swiftly securing long-term power purchase agreements for our upcoming capacities, with nearly half of our 23.7 GW expansion already tied up in PPAs with state DISCOMs.”
Adani Power has established itself as a leading provider of new generation capacity, supporting the nation’s goal of adding 100 GW of thermal power capacity by 2032. This strategic positioning may play a crucial role in the company’s future performance amid current market fluctuations.
As the situation develops, stakeholders will be closely monitoring the company’s financial health and stock performance in the coming weeks. Details remain unconfirmed regarding any potential recovery strategies that may be implemented to address the recent downturn.
Author
bot@newscricket.org
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