Adani Power soars as its arm incorporates wholly owned subsidiary
Adani Power is currently trading at Rs. 203.30, up by 4.90 points or 2.47% from its previous closing of Rs. 198.40 on the BSE.
The scrip opened at Rs. 199.15 and has touched a high and low of Rs. 205.25 and Rs. 197.40 respectively. So far 1581519 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 205.25 on 20-Apr-2026 and a 52 week low of Rs. 101.06 on 09-May-2025.
Last one week high and low of the scrip stood at Rs. 205.25 and Rs. 170.40 respectively. The current market cap of the company is Rs. 390611.49 crore.
The promoters holding in the company stood at 74.96%, while Institutions and Non-Institutions held 15.43% and 9.62% respectively.
Adani Power’s wholly-owned subsidiary -- Adani Atomic Energy (AAEL) has incorporated a wholly-owned subsidiary, namely, Coastal-Maha Atomic Energy (CMAEL). The objective of incorporation is to generate, transmit, and distribute power derived from nuclear and/or atomic energy. The AAEL has received Certificate of Incorporation on April 18, 2026.
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