Adani Power share price target at Rs 818: 3 reasons the stock is up 9%
Shares of Adani Power surged 9% to Rs 687 on the NSE on September 19, driven by renewed investor enthusiasm. Analysts cite three key catalysts for a potential 30% upside, including Morgan Stanleys overweight rating, the companys plan to expand operational capacity from 18.15 GW to 41.9 GW by FY32, and a $22–27 billion investment in under-construction projects.
Shares of Adani Power surged 9% to Rs 687 on the NSE on September 19, driven by renewed investor enthusiasm. Analysts cite three key catalysts for a potential 30% upside, including Morgan Stanleys overweight rating, the companys plan to expand operational capacity from 18.15 GW to 41.9 GW by FY32, and a $22–27 billion investment in under-construction projects.
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