Adani Power Shares: The new year proved to be good for the shares of Adani Power as its shares rose by 7.1 percent on Thursday, January 1. With this the price of shares has reached Rs 153.20. There is no specific reason for this rise in the company’s shares. However, looking at the company’s long-term growth outlook, it includes growing baseload power demand, large capacity expansion pipeline and better earnings expectations as stated in the recent brokerage report.

50 million shares traded

Recently, Antique Stock Broking had said that Adani Power is entering a ‘multi-year earnings upcycle’ based on expanding capacity by 2.3x in FY33 from 18.15 GW in FY25 and transitioning from a stressed thermal independent power producer to becoming India’s most efficient private baseload operator. During this period there was a significant increase in trading volume also. According to Trendline data, around 50 million shares were traded on both NSE and BSE till 12:45 pm, which is four times more than the average volume in a week.

Shares of many other companies of the group also rose.

However, on the first day of the new year, not only the shares of Adani Power rose, but the shares of many other companies of the group were also seen rising. A rise of up to 9 percent was seen in the shares of some companies. In early trading, all the listed companies of Adani Group were seen trading in the green. Among these, Adani Total Gas Limited remained the topper. On Thursday, its shares jumped more than 9.45 percent to Rs 620.65, taking its total market capitalization to about Rs 67,000 crore.

Apart from these, shares of both Adani Green Energy Limited and Adani Energy Solutions Limited rose up to 3 percent to Rs 1,061.35 and Rs 1,045 respectively. With this, their total market capitalization reached Rs 1.3 lakh crore and Rs 1.7 lakh crore respectively.

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Adani power shares: Today, the shares of Adani Power, a company -led company Gautam Adani, are getting a tremendous boom. Today, during the business, the company’s shares jumped 4.74 percent to Rs 638.70. There is a reason behind this fast. In fact, the company has made a deal with the 570 MW hydroelectric project in the neighboring country Bhutan with the government company Druk Green Power Corp (DGPC).

Investment of Rs 6000 crore for project

In the Wangchhu project, Rs 6000 crore will be invested for the power plant and the infrastructure related to it. Work on the project is expected to start 2026, which is a target to complete within five years. Of course, this hydroelectric project will fulfill the increasing demand for electricity in Bhutan, especially during the winter days. Apart from this, electricity will also be exported to India through this.

Company making itself stronger in power sector

The Adani Group headed by industrialist Gautam Adani is planning to invest about $ 60 billion in the power sector by FY 32, especially in the products and distribution of renewable energy to invest about $ 60 billion to increase the renewal energy capacity from 14.2 gg of financial year 25 to 50. The Adani Green Energy Limited (AGEL), a part of the Adani Group, works to create and maintain utility-scal grid-connected solar and wind energy project.

This is also the plan of the company

Adani Green Energy Limited (AGEL) is also planning to set up a 30,000 km long transmission lines to meet India’s growing energy needs by FY 30, which is 19,200 km by 31 March, 2025. The Adani Group is also planning to increase its capacity from 17.6 GWing to 41.9 GW by investing $ 22 billion through Adani Power till FY 32. Adani Power is the largest private thermal power producing company in the country, whose capacity is inheat in states like Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, Jharkhand and Tamil Nadu. There is also a 40 MW solar power project in Gujarat.

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Adani power mega order: Adani Power Limited said on Saturday that it has received a big order from MP Power Management Company Limited (MPPMCL). Under this, the company has to develop a new ultra-superakritical thermal power plant of 800 MW for supply of electricity in Anuppur district of Madhya Pradesh.

This biggest thermal power generator of the private sector in the country says that this project will help Madhya Pradesh to meet the demand for increasing electricity due to increasing industrialization and urbanization. The company will have to invest Rs 10,500 crore to build this plant and prepare the infrastructure.

The demand for electricity in the country is increasing continuously

SB Khyalia, Chief Executive Officer of Adani Power, said on this, “Due to rapid economic development, the demand for electricity in the country is increasing rapidly in the country, especially the base load of electricity, so to meet the growing needs of the country, to meet the growing needs of the country, strengthening energy infrastructure and investment is necessary for this. Adani Power is committed to enhancing its capacity and adopting advanced technology to make India’s energy future permanently secure. ”

He further said, “Anuppur power plant will play an important role in ensuring reliable, affordable and competitive price for homes and businesses. This will strengthen the energy security of India and Madhya Pradesh and will promote continuous progress in the state.

To achieve this project, Adani Power bid to provide electricity at the rate of Rs 5.838 per kWh. Under the contract, the company will supply electricity from a new 800 MW ultra-superakritical thermal power unit in the state. The operation of this plant will be operational in the next 54 months.

Shares of Adani Power

With the receipt of this order, Shares of Adani Power will be in focus on Monday. On Friday, August 29, as soon as the company announced to meet the 2,400 MW thermal power project in Bihar, its shares got a sharp jump. It jumped about 3 percent from its intraday low level and reached the Intrade high level of Rs 600.75. Now the impact of this new order in Madhya Pradesh can be seen in the company’s shares on Monday.

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Adani group: Mutual funds are gradually reducing their investment in the companies of Adani Group, which is a sign of steady decline in interest. In April, mutual funds have reduced their stake in eight listed companies. Shares worth more than Rs 1,160 crore were sold. At the same time, in March reduced its stake from four companies. The biggest disinvestment took place in Adani Enterprises, in which Mutual Fund reduced its stake over Rs 346 crore. This was followed by Adani Energy Solutions and Ambuja Cements at the second and third number. Of these, investment of Rs 302 crore and Rs 241 crore respectively was reduced.

Mutual funds just liked this company

Apart from this, shares have also been sold from ACC (Rs 124 crore), Adani Port and SEZ (Rs 7.7 crore) and Adani Total Gas (Rs 3.43 crore). The only share of Adani Group, in which Mutual Fund has increased its interest, is Adani Power. It has investment of Rs 102 crore. The same trend was seen in March as well. During this time, the rest of the Shares of Adani Group, except Adani Green Energy and Adani Enterprises, were seen selling. This trend of disinvestment has started from January, when the purchase of shares was limited to Rs 480 crore. In February, mutual funds reduced investment of about Rs 321 crore out of eight companies in this group.

Adani enterprise

34 mutual funds invested in Adani Enterprises. Quant Mutual Fund is the highest investment of Rs 1,620 crore. After this, SBI Mutual Fund is at number two with an investment of Rs 1,400 crore and ICICI Prudential Mutual Fund is at number three with an investment of Rs 623 crore. In April, Mutual Funds had about 2.71 crore shares of Adani Enterprises. Its price was Rs 6,257 crore.

Adani power

Adani Power has an investment of 22 mutual fund houses. In this too, the highest investment of Rs 2,725 crore is of Quant Mutual Fund. In April, these mutual funds had about 6.51 crore shares of Adani Power, which was priced at Rs 3,464 crore.

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