Adani Power Shares Surge: Here's What You Need to Know
The stock of Adani Power is in full swing—rallying nearly 12% over five consecutive sessions, including an impressive ~8% intraday jump on June 10, 2025, driven by strong trading volumes and bullish technical signals.
📊 Price & Volume Highlights
- After climbing ~12% between June 3–10, the stock crossed ₹600 mark and hit an intraday high of ₹610 on June 10.
- On June 10, approximately 3.28 million shares (~₹195 cr) traded on BSE and ~22.7 million shares (~₹1,347 cr) on NSE.
- It marked its fifth winning session in a row, with volume surging ~7× the two‑week average (~237 lakh shares by 14:14 IST).
🏭 Key Trigger: 1,500 MW PPA Win
Adani Power secured a major 1,500 MW Letter of Award from Uttar Pradesh under a DBFOO model at ₹5.383/unit, driving strong market sentiment. The deal involves setting up a new thermal plant with a ₹2 billion investment.
🧠 Technical Outlook
- The stock has broken above its 5-, 20-, 50-, 100- and 200-day moving averages, signaling strong technical momentum.
- Bullish MACD and RSI readings between 58–60 reinforce the likelihood of sustained upward movement.
📉 Mixed Q4 Financials
- Q4 FY25 net profit dipped ~4% YoY to ₹2,637 cr, while revenue grew ~6.5% to ₹14,237 cr.
- Profit margin contraction and overall flat sector trends suggest caution—the recent rally appears event-driven.
✅ What Should Investors Watch?
- PPA Execution: Track project implementation, regulatory approvals, and payment timelines.
- Next Earnings: Look for improved earnings, capacity additions, or tariff announcements in Q1 FY26 results.
- Sector Health: Monitor coal price trends, policy updates, and infrastructure financing that underpin thermal power viability.
Bottom Line: Adani Power’s rally reflects positive fundamentals—a 1,500 MW PPA win and powerful technical momentum backed by strong volume. Yet, earnings remain mixed. Investors should watch project delivery, financials, and broader energy policies to determine if this rally has legs.