Adani Power Share Price Dips Amid Market Volatility

Adani Power's share price opened lower at ₹494.10 on February 13, 2025, down 1.86% from the previous close. The stock has been experiencing volatility, with a 3.72% decline over the past week and a 17.6% drop in the last three months. Despite these short-term fluctuations, Adani Power has shown impressive long-term growth, with a 342.35% increase over the past three years. Investors are closely monitoring the stock's performance amid mixed global cues and macroeconomic data. The company's market capitalization stands at ₹1,90,571 crore, ranking third in the power sector. Analysts maintain a "Strong Buy" recommendation with a target price of ₹755.
Source: Business Standard, Economic Times, Equity Pandit