Posted on April 21, 2025, by Niftynews
The Adani Power share price surged almost 6% in early trade on Monday, April 21, 2025, continuing its recent upward trend and leading the rally in the broader Nifty Energy index. Investor sentiment remained upbeat, fueled by growing electricity demand and optimistic analyst commentary on India’s power sector.
At 10:46 AM, Adani Power shares were trading at ₹580.10, up ₹30.40 or 5.53% from the previous close of ₹549.70. The stock opened at ₹551.25 and hit an intraday high of ₹585.55, riding a wave of strong trading volumes and sectoral optimism.
⚡ Adani Power Share Price Today: Technical View and Market Momentum
📊 Key Price Levels:
- Previous Close: ₹549.70
- Day’s High: ₹585.55
- Current Price (10:46 AM): ₹580.10
- Support Levels: ₹550 and ₹536
- Resistance Levels: ₹570–₹585
From a technical perspective, analysts see strong buying interest around the ₹550–₹536 range. If the stock sustains above ₹585, it could signal a potential breakout, unlocking fresh upside.
“Adani Power is nearing a key resistance zone. A breakout above ₹585 may open the doors to higher levels,” said a technical analyst from Mumbai-based brokerage.
🔌 Nifty Energy Stocks Also Shine: NTPC, Tata Power, JSW Energy, NHPC in Green
It wasn’t just Adani Power that stole the spotlight. Several other Nifty Energy constituents also saw upward momentum:
| Stock | Price (10:49 AM) | Change | % Change |
|---|---|---|---|
| NTPC | ₹367.40 | +₹3.40 | +0.93% |
| Tata Power | ₹392.65 | +₹10.95 | +2.87% |
| JSW Energy | ₹511.25 | +₹3.35 | +0.66% |
| NHPC | ₹86.53 | +₹1.55 | +1.82% |
The broad rally in energy stocks indicates renewed investor confidence in the sector, driven by seasonal demand and long-term structural tailwinds.
🔎 What’s Fueling the Rally in Power Stocks?
Several key factors have converged to drive power stocks higher:
1. 🌡️ Rising Electricity Demand
With a heatwave gripping parts of India, electricity consumption has surged. Increased use of cooling appliances like air conditioners and fans is boosting the short-term outlook for power generation companies.
2. 📈 Merchant Power Rate Boost
Analysts expect higher merchant power rates and better plant load factors (PLFs) to reflect positively in Adani Power’s upcoming Q4 results. Improved load factors show that thermal plants are being utilized more efficiently.
3. 🏗️ Infrastructure Revival
India’s growing focus on infrastructure, electrification, and industrial expansion is driving long-term energy demand, benefitting companies with significant generation capacity.
🧠 Analysts Remain Bullish on Adani Power Share Price
Brokerages are increasingly optimistic about Adani Power’s prospects:
💬 HDFC Securities:
Described the stock as a “structural play” on the country’s rising power demand. They advise long-term investors to hold and accumulate the stock for continued upside.
💬 ICICI Direct:
Said Adani Power’s EBITDA expansion and captive power integration make it a compelling value play at current levels.
🏭 Adani Power: India’s Largest Private Thermal Power Producer
As India’s largest private thermal power producer, Adani Power Limited holds a dominant position in the electricity generation market. The company operates several large-scale coal-fired plants and has been expanding its renewable energy portfolio as part of a larger group-wide sustainability shift.
With electricity demand climbing and coal availability stabilizing, Adani Power is well-positioned to meet both current and future energy needs.
🛒 Should You Buy Adani Power Shares Now?
Here’s a quick breakdown of investment strategies depending on your risk profile:
✅ Buy, if you:
- Expect continued heatwave-led electricity demand surge
- Believe in India’s long-term energy infrastructure growth
- Want exposure to thermal power with a strong track record
🤝 Hold, if you:
- Already own the stock and are waiting for Q4 results
- Want to see a confirmed breakout above ₹585 before adding more
⚠️ Avoid/Wait, if you:
- Prefer clean energy exposure over thermal
- Are concerned about near-term resistance and want confirmation of trend continuation
🔚 Final Thoughts on Adani Power Share Price Movement
The Adani Power share price is clearly riding a wave of favorable sentiment, seasonal demand, and solid technical momentum. With other Nifty Energy players like NTPC, Tata Power, JSW Energy, and NHPC also joining the rally, the entire sector is heating up—quite literally.
Analysts remain bullish, and the April 21 rally could be just the beginning if Q4 results and demand trends stay strong. Keep an eye on the ₹585 level—it may be the launchpad for the next big breakout.
