INSUBCONTINENT EXCLUSIVE:
coal-fired power plant in Butibori, Nagpur district, Maharashtra
The company was undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC)
Chief Executive Officer, Adani.Also Read: 10 Nifty large-cap stocks with up to 38 buy calls; analysts see up to 20% upside
Live
EventsAccording to Trendlyne data, the average target price for Adani Power shares is Rs 634, indicating an upside of about 6% from current
return over the past two years
Adani Power currently commands a market capitalisation of Rs 2,29,912 crore.The Relative Strength Index (RSI) stands at 64.2, suggesting the
stock is neither oversold nor overbought
(RSI below 30 indicates oversold conditions; above 70 signals overbought.) The MACD is at 7.1, positioned above both its centerline and
200-day simple moving averages (SMAs), indicating continued upward momentum.Adani Power Ltd
plant in Gujarat.Also Read: Street favourite! 10 BSE large-cap stocks analysts expect to rally up to 70%(Disclaimer: Recommendations,
suggestions, views and opinions given by the experts are their own
These do not represent the views of the Economic Times)