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Power stocks in focus; Adani, Tata, Torrent Power hit 52-week highs

Shares of Adani Power were locked in 10 per cent upper circuit at Rs 71.40, surging 28 per in the past three trading days

Topics
Buzzing stocks | Adani Power | Tata Power

SI Reporter  |  Mumbai 



“Power grids are getting increasingly vulnerable because of digitalization and the use of more smart applications,” said Daine Loh, a Singapore-based power and renewables analyst at Fitch Solutions

Shares of electric utilities companies were in focus at the bourses on Thursday, with the S&P BSE Power index hitting a 52-week high in an otherwise subdued market amid expectation of higher power demand. Among stocks, Adani Power, Tata Power, Torrent Power, Adani Transmission and NHPC also hit their respective 52-week highs and rallied by up to 10 per cent on the BSE.

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First Published: Thu, March 04 2021. 10:59 IST

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