Shares of Adani Power Ltd surged as much as 8% in intraday trading on Tuesday (10-6-2025), marking one of its strongest sessions in recent months. The stock hit an intraday high of ₹709.30 on the NSE, amid renewed investor interest, robust demand forecasts, and bullish commentary from market analysts.
What’s Driving the Rally?
The surge follows a broader uptick in power sector stocks, as investors bet on India’s accelerating power demand and Adani Group’s continued infrastructure investments. Analysts cited several tailwinds including:
- Higher merchant power tariffs during peak summer demand.
- Strong Q4FY25 earnings and operational efficiencies.
- The company’s aggressive capacity expansion in thermal and renewable segments.
- Anticipation of higher PLF (Plant Load Factor) in FY26.
Moreover, reports suggest that foreign institutional investors (FIIs) have increased their stake in Adani Power in recent quarters, further boosting investor confidence.
Brokerage View and Target Price
Several brokerage firms have revised their Adani Power share price target for 2025:
- Motilal Oswal has raised its target to ₹790, citing margin expansion and thermal power pricing strength.
- ICICI Securities has a bullish stance with a price target of ₹820, highlighting Adani Power’s ability to benefit from demand-supply mismatches in the short to medium term.
Should You Buy Adani Power Now?
According to analysts, the recent rally does not fully capture the company’s long-term fundamentals. A report from Edelweiss notes:
“With India’s power consumption expected to grow at 7–8% CAGR through FY30, and Adani Power’s operational scale and strategic assets, the stock remains attractively valued even after the rally.”
However, experts also caution retail investors about short-term volatility. “While the trend is bullish, it’s advisable to enter on dips or build exposure gradually,” said a market strategist from HDFC Securities.
Adani Power at a Glance
- CMP (June 10, 2025): ₹709.30
- 52-Week Range: ₹302 – ₹716
- YTD Return (2025): +38%
- Market Cap: ₹2.69 lakh crore
Conclusion
With India’s energy consumption on an upward trajectory and Adani Power’s growing footprint, the stock continues to be a favorite among investors looking for long-term value. If earnings momentum continues in the upcoming quarters, the 2025 share price target could see further upward revision.
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