The stock price started its up move from Rs 65 (March 2009). The stock made a high of Rs 1,486 in July 2021 accompanied by higher bottoms and top formations and traded above averages in its uptrend,[Bharat Gala, President – Technical Research, Ventura Securities, said.
Adani Power shares may rally 18%, positioned as a pure play in India’s thermal power space: InCred Equities
InCred Equities has initiated coverage on Adani Power with an ‘add’ rating and a target price of Rs 649, citing a potential 17.8% upside. The