ABB India, Samvardhana Motherson International and Adani Power from the Nifty Next 50 index surged in the range of 5 per cent to 8 per cent in intra-day deals on Wednesday.
Thus far in the month of April, the market price of Adani Power has zoomed 35 per cent in anticipation of healthy demand outlook.
The buying on the counter came after Adani Power incorporated a new subsidiary focused on nuclear energy
Technical analyst at Bonanza believes that power stocks NTPC, Adani Power, Tata Power, Adani Green and Power Grid are showing strong bullish structure and can potentially surge up to 24% from here.
Adani Group shares rallied up to 3% in Wednesday's intra-day trade, and have outperformed the market thus far in April with gains up to 19 per cent.
Only a handful of Adani Group stocks have generated notable returns for investors over the past year and so far in 2026.
Rajesh Bhosale of Angel One has recommended buying the shares of Titan Company, Adani Power, and Godawari Power and Ispat today; check key rationales, and target price inside
Power Mech Projects has secured an order worth ₹109.22 crore from Hindustan Zinc for operation and maintenance services
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
Stocks to Watch today, March 16: Jindal Stainless, Seamec, Adani Power, GMR Airports, IndiGo, and Voltas are among the top stocks
Power to be supplied from upcoming ultra-supercritical plant under proposed 25-year agreement starting FY31
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
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
The move comes as India opens its nuclear power sector to greater private participation to meet rising electricity demand and curb carbon emissions
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
Q3FY26 company results: Firms including Dabur India, Tata Motors, Paytm, Swiggy, and Canara Bank are also to release their October-December earnings today