Adani Power said its plans to develop nuclear power projects depend on the government finalising rules allowing private-sector participation, with technology choices hinging on commercial viability
Revenue rose 33% to Rs 19,322 crore in the June quarter as higher power demand, increased operating capacity and fresh PPAs boosted power sales and generation
Adani Power on Wednesday reported a 47.24 per cent rise in its net profit to Rs 4,866.60 crore in the June quarter, mainly on the back of higher revenues and strong power demand. In a statement, the company said its profit before tax jumped nearly 50 per cent to Rs 6,300.49 crore in Q1 FY27 from Rs 4,204.31 crore in Q1 FY26 on account of improved continuing profitability, further supported by higher one-time prior income recognition during the quarter. During the quarter, Adani Power Ltd (APL) recognised Rs 117.69 crore as share of profit from an associate, following the acquisition of stake in Jaiprakash Power Ventures Ltd. Consequently, it stated that profit after tax for Q1 FY27 rose 47.24 per cent to Rs 4,866.60 crore from Rs 3,305.13 crore in Q1 FY26. It also stated that there was a one-time net recognition of revenues pertaining to prior periods of Rs 1,386.34 crore in Q1 FY27, primarily due to revision in historic energy charges under certain PPAs compared to Rs 406.21 Crore
According to the June 2026 shareholding pattern, domestic mutual funds have increased their stake in four Adani Group stocks.
Shares of Adani group companies rallied up to 7% in intraday deals today after Samir Arora's Helios Capital picked up stake in the flagship Adani Enterprises.
Antique said that it prefers companies with exposure to firm power generation and transmission-linked opportunities. It has maintained a 'Buy' rating on NTPC, Adani Power, and ACME Solar.
The company plans to add 23,720 MW of thermal power capacity by FY32 through brownfield and greenfield projects, while Adani Energy Solutions outlined its expansion pipeline
Stocks to watch today: Bharti Airtel, Adani Power, Vedanta, Rajesh Exports, HCLTech, IRFC, Swiggy, Bandhan Bank, Torrent Power, Hindustan Copper, Tata Steel, and others will be in focus today.
Gautam Adani says the group is expanding across power, nuclear energy, transmission, ports, data centres and cement, backed by large-scale infrastructure investments
Shares of power companies surged as investors cheered strong order books, renewable energy demand and robust earnings visibility across the sector
Siemens Energy, CG Power and Industrial Solutions, GE Vernova T&D India, Thermax, ABB India, Hitachi Energy India, Siemens and Adani Green Energy were up in the range of 4-8% in Wednesday's trade.
Adani Energy Solutions, Adani Total Gas and Adani Green Energy were up in the range of 4-7% on the BSE in Wednesday's intra-day trade.
The stock price of Adani Power hit a new high of ₹245.40 and has zoomed 89 per cent from its February low of ₹130.15 on the BSE.
Adani Power on Thursday said it has entered into definitive agreements to acquire a 24 per cent stake in Jaiprakash Power Ventures and other thermal assets from Jaiprakash Associates for about Rs 4,193.59 crore. According to a regulatory filing, the company has also inked a Share Purchase Agreement for the acquisition of 24 per cent shares of Jaiprakash Power Ventures Ltd, held by Jaiprakash Associates. Further, Adani Power has inked a Business Transfer Agreement for the acquisition of the 180 MW thermal power plant of Jaiprakash Associates located in Churk and other related assets, including 11.49 per cent shares of Prayagraj Power Generation Company Ltd, held by Jaiprakash Associates. It stated that the consideration for 24 per cent of the shareholding of JPVL, held by JAL, stood at Rs 2,993.60 crore and for the 180 MW thermal power plant of JAL located in Churk and other related assets, including 11.49 per cent shares of Prayagraj Power Generation Company Ltd, held by JAL, is Rs
Adani Green Energy shares climbed 3.5 per cent to ₹1,407, while Adani Total Gas advanced 2.65 per cent.
The Gautam Adani bribery and fraud case in the US is nearing closure after reports said the Adani Group chairman has agreed to settle the SEC's civil lawsuit
Adani Green Energy in an exchange filing said the US SEC, Gautam Adani and Sagar Adani filed their request for entry of final judgment, on consent, before the US Eastern District NY Court on May 15.
Till 02:53 PM on Monday, as many as 52.52 million equity shares representing 2.3% of total equity of Adani Ports changed hands on the NSE and BSE.
Adani Power reported strong PAT generation in Q4, driven by robust operating profitability and lower tax expenses.
Stocks to Watch today, April 30, 2026: Bajaj Finance, Adani Power, IIFL Finance, Indegene, and L&T are some of the key stocks to watch today