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

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.

At 10:29 am, the S&P BSE Power index, the top gainer among sectoral indices, was up 0.94 per cent, as compared to 1.3 per cent decline in the S&P BSE Sensex.

Among the individual stocks,