Adani Power Share Performance Update
Adani Power shares fell as much as 2.5% to an intraday low of Rs 151 on the BSE on Wednesday, following the company’s announcement of a significant drop in its net profit. This decline comes after the stock had gained over 7% prior to this downturn.
In the December quarter, Adani Power reported a 19% year-on-year fall in its consolidated net profit, amounting to Rs 2,480 crore. The company’s revenue from operations also saw a decrease, standing at Rs 12,451 crore in Q3FY26, down 9% year-on-year.
During the trading session on 18 March 2026, a total of 11,653,185 shares of Adani Power were exchanged. The stock opened at ₹156.00 and reached an intraday high of ₹156.50 before retreating.
Adani Power currently holds a market capitalisation of approximately ₹2,93,802 crores. The company’s Mojo Score stands at 50.0, indicating a Hold rating.
Despite the recent challenges, Adani Power has established itself as a leading provider of new generation capacity, supporting the nation’s goal of adding 100 GW of thermal power capacity by 2032. The company noted, “This achievement marks yet another PSA win for APL during a period of renewed surge in investments in the thermal power sector.”
S B Khyalia, the CEO of Adani Power, stated, “We are swiftly securing long-term power purchase agreements for our upcoming capacities, with nearly half of our 23.7 GW expansion already tied up in PPAs with state DISCOMs.” These efforts reflect the company’s commitment to growth and stability in the energy sector.
As the market continues to react to these developments, investors are closely monitoring Adani Power’s performance and strategic initiatives.
