Adani Energy Solutions Gets CCI Nod To Acquire IntelliSmart Infrastructure In Rs 3,050-Crore Deal
Adani Energy Solutions pursued an acquisition in an infrastructure development.
· NDTV Profit
"The proposed combination envisages the acquisition of 100 per cent of the equity share capital of the target (IntelliSmart Infrastructure Pvt Ltd) by the acquirer (Adani Energy Solutions Ltd) from National Investment and Infrastructure Fund and Energy Efficiency Services Ltd," said CCI.
The analysis
Adani Energy Solutions reported Rs 3,050, with movement of 100% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -1.1% on the day at ₹1,349.50, and has returned -18.7% over three months. It sits 22% below its 52-week high. The power sector has moved -13.2% over the same period, so Adani Energy Solutions is running 5.5 points behind its peers.
For Adani Energy Solutions, the question is how much of this is already reflected in the price and how much re-rates the power peer set alongside it.
Why it matters
- Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
- With CCI involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- In focus: Adani Energy Solutions (ADANIENSOL), in Power.
- Over three months: Adani Energy Solutions -18.7% against Power -13.2% (5.5 points behind).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Adani Energy SolutionsADANIENSOL · Power | ₹1,349.50 | -1.1% | +2.6% | -18.7% | -22.5% | 0.5× | — |
Power
1M -6.9% · 3M -13.2%
Adani Energy Solutions
Infrastructure
1M -10.5% · 3M -15.8%
Capital Goods & Engineering
1M -10.9% · 3M -5.3%
Capital Markets
1M -2.9% · 3M -6.3%
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Delhi Weather Sees First Fog Conditions of Winter at IGI Airport and Safdarjung
TCS, Infosys, HCL Tech: Anthropic revenue soars 14-fold in H1 2026 - Can Indian IT stocks benefit from AI boom?
Tata Power, JSW Energy, Torrent Power: Ambit sees buying opportunity in power stocks after valuation reset
Adani Enterprises revenue jumps 75% as new businesses ramp up; Adani Ports raises FY27 guidance
Michael Burry says Anthropic IPO papers show AI industry is 'catastrophically vulnerable'. What the 'Big Short' investor sees