Adani Power shares surge amidst high trading volumes
Adani Power had a strong week, with its stock rising 13.8% to reach ₹605 on the BSE today.
The buzz was real—trading volumes were high, with nearly 7 lakh shares changing hands, and the company's market value touched ₹2.33 lakh crore.
The stock has bounced back strongly after a tough 2024
After a tough year with a 15.64% drop, Adani Power is making a comeback—up 14.5% in 2025 so far and nearly 19% in the last six months.
This turnaround has caught investors' attention and sparked fresh confidence in the stock's future.
The stock is in a strong uptrend
The stock is trading above key moving averages (like the five-day EMA at ₹558.3), which signals a solid uptrend.
A healthy relative strength index around 59 shows buyers are active but things aren't overheated yet, while steady gains all week point to strong bullish vibes among traders.