Adani Power moves up on getting LoA from MSEDCL
Adani Power is currently trading at Rs. 164.30, up by 1.15 points or 0.70% from its previous closing of Rs. 163.15 on the BSE.
The scrip opened at Rs. 163.45 and has touched a high and low of Rs. 165.70 and Rs. 161.50 respectively. So far 533675 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 182.75 on 23-Sep-2025 and a 52 week low of Rs. 94.41 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 165.70 and Rs. 150.65 respectively. The current market cap of the company is Rs. 315883.30 crore.
The promoters holding in the company stood at 74.96%, while Institutions and Non-Institutions held 15.06% and 9.99% respectively.
Adani Power (APL) has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company (MSEDCL) for supply of 2500 MW RE RTC power for a period of 25 years from Scheduled Commencement Date of Supply, upon APL being declared as the successful bidder in the e-RA results.
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