Adani Power shares jump 8% in 3 days. Here’s why

Adani Power’s stock is rising. This is due to a new hydroelectric project in Bhutan and the company’s first stock split. Adani Power signed an agreement with Druk Green Power Corp for the Bhutan project. The stock split aims to improve liquidity. GST reforms are also expected to boost Adani Power’s margins. Technical indicators suggest short-term strength for the stock.

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