“Adani Power shares surged about 7.7 percent in two days, hitting Rs 648.3 on the BSE.”
Why Adani Power Shares Jumped 8% in Two Day
“Investor optimism boosted by a major international project deal spurred the swift upward move.”
“Company's first-ever stock split announcement stirred increased enthusiasm and improved liquidity sentiment.”
“Earlier, a hydropower joint venture with Bhutan’s DGPC added momentum for renewable expansion.”
“Deal involves a 570 MW run-of-river hydro plant financed at roughly ₹6,000 crore.”
“Stock split set on September 22 record date; makes shares more accessible to retail investors.”
“Combined catalysts show stronger growth prospects, improved fundamentals, and boosted investor confidence.”