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ADANIPOWER
Adani Power Limited · ₹202.75 +1.6% on 25 Sept · 1M −2.1% · 3M −10.7% · 10 stories in 60 days · 5 positive · 0 negative
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Price and news
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Adani Power, SAIL and other stocks in focus for September 28
- Adani Power completed the merger of 10 wholly owned subsidiaries into the company
- Adani Power, SAIL, BCCL and Power Grid are among stocks expected in focus
- Corporate actions and trading attention may move Adani Power, SAIL and other named stocks
Stocks in news: Adani Power, SAIL, BCCL, SAIL, Cupid and CleanMax Enviro
- Indian equity benchmarks rose on Friday
- Volatility in crude oil and bond yields affected investor sentiment
Deal▲
Adani Power merges 10 subsidiaries into company as restructuring takes effect
- Adani Power completed the merger of 10 wholly owned subsidiaries
- The subsidiaries included power generation and fuel management companies
- Restructuring affects Adani Power’s operations and may simplify its power-generation business
Adani Power share price jumps after receipt of NCLT nod for merger of 10 wholly owned subsidiaries
- NCLT Mumbai Bench approved Adani Power’s merger of 10 wholly owned subsidiaries
- Simpler group structure may benefit Adani Power shareholders
Adani Power shares up over 30% in last 6 months - PL Capital sees a further 30% upside - Price target, rationale
- Adani Power shares rose over 30% in the past six months
- PL Capital predicts an additional 30% upside
- A further rally would benefit Adani Power shareholders; the shares have already risen sharply
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Adani Group plans over ₹1 lakh crore investment in West Bengal by 2035
- Planned investment exceeds ₹1 lakh crore by 2035
- A Kolkata healthcare project is planned at ₹4,000 crore
- Planned projects may create opportunities for Adani’s ports, power and infrastructure businesses