Adani Power: The company informed exchanges that Adani Atomic Energy Ltd (AAEL), its wholly-owned arm, has incorporated two subsidiaries.
The Adani Group stock is strongly overbought on charts with a RSI of 84.6, indicating there are more buyers than sellers for the stock.
The brokerage has assigned a 'Reduce' rating on Coal India Ltd with a target of Rs 420, Torrent Power Ltd at Rs 1,410, Waaree Energies Ltd (Reduce) at a target of Rs 2,815, and Premier Energies Ltd at Rs 865.
Adani Enterprises: The flagship Adani group firm saw MF ownership rising to 2.84 per cent in March from 2.16 per cent in February, as funds bought a net Rs 1,695.40 crore worth AEL shares.
JM Financial said Adani Power may report 12.3 per cent YoY decline in net profit at Rs 2,278 crore on 0.5 per cent rise in sales at Rs 14,309 crore.
An analyst from Master Capital Services said that Adani Power is exhibiting a strong bullish continuation setup after a breakout from a consolidation range, supported by above average volumes.
Alongside Suzlon, state-run BHEL is expected to have a positive quarter with a 12% revenue rise, driven by a pickup in execution and increasing share of new orders, the brokerage said.
Companies like Adani Green, Jindal Power, JSW Energy, and Adani Power Ltd are currently leading the pack in the Day-Ahead Market (DAM) segment, as per market share, the brokerage noted.
JM Financial said the likely passage of a bill during Parliament’s monsoon session, July–August 2026, will open up huge opportunities for Tata Power, Adani Energy Solutions, CESC and Torrent Power, among others.
"Given the current geopolitical developments, we envisage higher probability of a scenario of persistently high LNG prices and intense summer," JM Financial added.
Adani Power share price today: The Adani Group stock was trading on a flat note at Rs 141.20. Market cap of the firm stood at Rs 2.72 lakh crore.




