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 Stanley’s overweight rating, the company’s 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.
Adani Green insider trading: Sebi ends case against Pranav Adani without any direction or penalty
Sebi has dropped insider trading charges against Pranav Adani and two others, ruling their Adani Green trades occurred after news of the SB Energy acquisition