Adani Power involved in the electric utility business reached the highest new RS 259.20, by getting 5 percent in BSE in intra-day-day trade on Friday. With today’s rally, the stock has increased 109 percent in the last month of the 123.75 hospital level. This is also included in the top-50 list, the most valuable company, in terms of market capture (market capitalization), in this country. Adani Power stands in 49th position in the overall market capitalization ranking, exceeding Dabur India’s private product companies (RS 98,470 Crore) and Real Estate DLF (RS 95.052 CRORE), data shows.

Adani Power is the Sixth Adani Group company that features the top 50 registered companies. Adani Green Energy (RS 4.44 trillion), Adani Transmission (2.92 trillion RS), Total Adani Gas (2.66 trillion RS), Adani Enterprises (RS 2.51 Trillion), Adani Ports and Economic Zone (RS 1 , 85 trillion) is a market that has a market) closes more than 1 trillion hospital. The new Adani Wilmar is registered in the 52th position in the overall ranking with the market capitalization of RS 94,493 Crore, the data shows.

Adani Power has posted a consolidated net profit of RS 218.49 Crore for the third quarter of FY22 (Q3fy22). The company suffered a loss of RS 288.74 Crore while the total revenue reached RS 5,593.58 Crore relative to RS 7,099.20 Crore in the same period last year.

Adani Power, part of the diversified Adani group, is the largest private thermal power producer in India. The company has a thermal capacity installed 12,410 MW spread across six power plants in Gujarat, Maharashtra, Karnataka, Rajasthan and Chhattisgarh, regardless of the 40 MW solar power plant in Gujarat.

“As the largest edible oil producer (~ 19 percent) with access to Wilmar’s global relations (has 44 percent of shares), AWL enjoyed a significant source (strong relationship with leading suppliers, closer units to the port), supply chains and scale profits Compared to domestic colleagues to ensure an efficient cost structure that is important for low margin businesses, “Analysts said at JP Morgan.

Santosh Meena, Head of Research, Swastika Investmart Ltd., said: “The demand for power increases and is expected to exceed the peak power demand of 2021 more than 200 gigawatt (GW). Daily peak power request for Q4 Fy22 average 187 gigawatt (GW). During April 1-12, the average daily peak demand was more than 194 GW. This trend will continue not only for this year but in the long run. The demand for Indian strength is at the peak of exponential increase due to increased population, increase in temperature, higher urbanization, EV adaptation, etc. Because of this phenomenon, post -sleep soundly 12 years, Indian electric stock rises and outperforms nifty and sensex. “

“This shows an increase in investor tastes for electricity stocks. Stock Likes Tata Power Ltd., and Adani Power Ltd. has been an extraordinary player for the past 2 years. However, we believe that Adani Power Ltd. has given prices in all positive cues and gives a little or there is no reverse from a fundamental point of view. Our choice bets are Tata Power and Powergrid while Investor Adani Power can make the loss stop 210, “Meena said.