Adani Power shares bounce back, rise 6% after 2-day selloff. What triggered the surge?
Adani Power shares rose sharply on Thursday after a two-day, 21% decline triggered by profit booking post-stock split and rally. Investor sentiment improved following Sebis regulatory clearance, a shareholder letter from Gautam Adani, and strong group financials, highlighting robust growth and key operational milestones.
Adani Power shares rose sharply on Thursday after a two-day, 21% decline triggered by profit booking post-stock split and rally. Investor sentiment improved following Sebis regulatory clearance, a shareholder letter from Gautam Adani, and strong group financials, highlighting robust growth and key operational milestones.
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