INDIA MARKET LENS
◆ MixedQuarterly Results

Adani Power shares up over 30% in last 6 months - PL Capital sees a further 30% upside - Price target, rationale

A quarterly results development with market-wide reach.

25 Sept 2026 · LiveMint Markets

Adani Power's shares have climbed over 30% in the past six months, with PL Capital predicting an additional 30% upside. The company aims to expand its capacity significantly by FY32, positioning itself as a major player in India's energy sector amidst strong earnings and declining debt.

Period
FY32

Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.

  • Sector exposure: Power.
Power