Adani Power’s share price climbed 2 per cent in intraday trade on Wednesday, July 9, defying weak market sentiment. Adani Power shares opened at ₹600.20 against their previous close of ₹599.70 and climbed nearly 2 per cent to an intraday high of ₹609.95. The stock traded 0.71 per cent up at ₹603.95 around 11:35 AM, looking set to extend gains to the third consecutive session. Equity benchmark Sensex was almost flat at 83,734 at that time.
Adani Power share price trend
Adani Power share price has clocked a decent gain of over 15 per cent year-to-date (YTD) against a nearly 7 per cent gain in the benchmark Sensex.
On a monthly scale, the Adani Group stock has been in the green since March this year. In July so far, the stock has risen about 4 per cent.
Adani Power stock hit a 52-week high of ₹752.15 on August 1, followed by a 52-week low of ₹430.85 on November 21 last year.
(This is a developing story. Please check back for fresh updates.)