Adani Power shares surged sharply in the first trading session of 2026, rising nearly 7% to ₹153 apiece on January 1, marking the stock’s highest level since November 20. The rally also stands out as the biggest intraday gain in more than a month, even as the broader Indian equity market traded in a narrow range.
While there was no specific fundamental announcement, market activity in the stock intensified. Trading volumes spiked sharply, with around 50 million shares changing hands across the NSE and BSE by early afternoon—about four times the recent weekly average, indicating heightened investor interest.
On the charts, Adani Power moved above key short-term moving averages and attempted a breakout from a six-week consolidation range near ₹146, signalling a short-term recovery phase. The stock has been trading on an ex-split basis (1:5) since September 22.
Beyond near-term price action, the Gautam Adani-led power major continues to focus on aggressive capacity expansion to meet India’s rising electricity demand. The company has raised its long-term installed capacity target to 41.87 GW by FY32, compared with an earlier plan of 30.67 GW by FY30, and has outlined a capital expenditure commitment of nearly ₹2 lakh crore. Reports have also highlighted Adani Group’s interest in emerging opportunities in the nuclear power ecosystem following recent policy changes.
Adani Power share price performance
Despite a late-year correction from its September 2025 peak, Adani Power ended calendar year 2025 with a gain of about 35%, extending its multi-year winning streak. Over the longer term, the stock has delivered around 149% returns in three years and an exceptional 1,400% rise over five years, making it one of the strongest performers within the Adani Group universe.
Disclaimer:
This article is for informational purposes only and should not be construed as investment advice. Investors are advised to consult certified financial experts before making any investment decisions.
