Hit record, Adani Power stock contacted a record high of Rs 429.65, rising 3.83 percent on BSE. Market capitalization of the company increased to Rs 1.64 lakh crore.
Detail of Adani Power shares hit-record high
Portions of Adani-Power hit all-time high today after the Adani Group firm said it would purchase DB Power Limited for an endeavor worth of Rs 7,017 crore.
The stock increased 3.83 percent to the previous closing of Rs 412.20, reaching a record high of Rs 429.65.
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A total of 13.97 lakh shares of the company were traded, resulting in a 59.32 crore rupee turnover on the BSE.
The company’s market capitalization increased to Rs 1.64 lakh crore on the BSE.
The 5-day, 20-day, 50-day, 100-day, and 200-day moving midpoints are higher than the Adani Power stock.
The stock has soared 327.72 percent in 2022 and 450.87 percent in a single year. On August 24, 2021, the offer decreased to a 52-week low of Rs 69.95.
With the present meeting, Adani Power stock has zoomed 514% from its 52-week low on BSE.
Adani Power plans to extend its contributions and tasks in the nuclear energy area in Chhattisgarh. DB Power claims and works two units of 600 MW nuclear energy station in Chhattisgarh’s Janjgir Champa District. Tenacious Power (DPPL) is the holding organization of DB Power.
