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Shares of Adani Power Ltd Down by 3.64%

Picture Source: Internet

Adani Power Ltd has added 4.49 per cent over October as compared to a 4.81 per cent rise in the S&P BSE Power index and a 6.82 per cent gain in the SENSEX.

On 14 November 22, Adani Power Ltd went down by 3.64 per cent to trade at Rs 347. The S&P BSE Power index fell 0.69 per cent to quote at 4824.41. The index is up 4.81 per cent over October. ABB India Ltd’s other stocks decreased by 1.78 per cent, and NHPC Ltd lost 1 per cent. The S&P BSE Power index rose at 35.77 per cent in 2021 compared to the 1.95 per cent surge in benchmark SENSEX.

Adani Power Ltd has added 4.49 per cent over October compared to a 4.81 per cent gain in the S&P BSE Power index and a 6.82 per cent rise in the SENSEX. On the BSE, 12.98 lakh shares were traded compared to the average daily volumes of 3.54 lakh shares in October. On 22 August, the stock hit a record high of Rs 432.8, whereas on 29 November 2021, the stock hit a 52-week low of Rs 93.6.

On 11 May 2022, Adani Power shares opened with a loss of 3.49 per cent at Rs 258.25. Adani Power shares hit a lower circuit of 5 per cent for the second session. Adani Power stock low at 4.99 per cent to Rs 254.25 on BSE. 

The market cap of the firm fell to Rs 98,062 crore. A total of 30.30 lakh shares of the firm changed, amounting to a turnover of Rs 98,062 crore on BSE.

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