Adani Power Records Rs. 24.52 Crore Block Trade on NSE
Adani Power Ltd. completed a major block trade on NSE worth Rs. 24.52 crores, involving 1,579,389 shares at Rs. 155.28 per share. The transaction represents a significant institutional trade executed through the exchange's block trading mechanism.
Bernstein Initiates Adani Power Coverage with Outperform Rating, Sets Target Price at Rs 177
Bernstein has initiated coverage on Adani Power with an Outperform rating and Rs 177 target price, citing India's energy security push following Russia/Iran disruptions. The brokerage views the company as well-positioned to benefit from India's electrification drive encompassing thermal, nuclear, storage, and grid expansion initiatives.