Adani Energy Solutions Ltd Hits Intraday High with 6.77% Surge on 3 Feb 2026

Intraday Trading Highlights

The stock opened with a notable gap up of 5.4%, setting a positive tone for the trading session. Throughout the day, it maintained upward momentum, touching a peak price of Rs 972.55, representing a 10% rise from its previous close. This robust intraday rally was accompanied by a day change of 6.77%, underscoring strong buying interest within the session.

Adani Energy Solutions Ltd outperformed the Power Generation and Distribution sector, which gained 2.74% on the same day, and also surpassed the Sensex’s 2.74% rise. The stock’s performance today exceeded the sector by 5.22%, highlighting its relative strength in the power sector.

Technical Positioning and Moving Averages

From a technical standpoint, the stock is trading above its 5-day, 20-day, 100-day, and 200-day moving averages, indicating a generally positive short- to long-term trend. However, it remains below its 50-day moving average, suggesting some resistance in the medium term. This positioning reflects a mixed technical outlook, with recent momentum pushing prices higher but still facing some consolidation near the 50-day average.

Notably, the stock has recorded gains for two consecutive days, accumulating a 12.95% return over this period. This streak of positive returns adds to the momentum observed in today’s session.

Market Context and Sector Performance

On the broader market front, the Sensex opened strongly with a gap up of 3,656.74 points but lost momentum during the day, retreating by 1,415.02 points to close at 83,908.18, a 2.74% gain overall. The index remains 2.68% below its 52-week high of 86,159.02. Despite the intraday volatility, mega-cap stocks led the market gains, supporting the overall positive sentiment.

Within this environment, the power sector’s 2.74% gain was modest compared to Adani Energy Solutions Ltd’s intraday surge. This divergence highlights the stock’s relative strength amid a mixed market backdrop.

Performance Across Time Horizons

Examining the stock’s performance over various time frames reveals a mixed but generally positive trend. Over the past day, Adani Energy Solutions Ltd gained 9.07%, significantly outpacing the Sensex’s 2.72% rise. Over the last week, the stock returned 13.59%, again outperforming the Sensex’s 2.48% gain.

However, the stock has experienced some pressure over longer periods, with a 1-month return of -8.49% and a 3-month return of -3.05%, both underperforming the Sensex’s respective declines of -2.18% and -0.10%. Year-to-date, the stock is down 6.31%, compared to the Sensex’s 1.56% decline.

On a more extended scale, the stock has delivered strong returns, with a 1-year gain of 32.33% versus the Sensex’s 8.69%, and a 5-year return of 91.08% compared to the Sensex’s 66.93%. The 10-year performance is particularly notable, with a staggering 2,871.65% gain, far exceeding the Sensex’s 246.33% over the same period.

Mojo Score and Rating Update

Adani Energy Solutions Ltd currently holds a Mojo Score of 51.0, categorised as a Hold rating. This represents an upgrade from its previous Sell rating, which was changed on 27 Jan 2026. The stock’s Market Cap Grade is 1, indicating a smaller market capitalisation relative to larger peers in the sector.

The upgrade in rating reflects recent improvements in the stock’s technical and price action metrics, consistent with the strong intraday performance observed today.

Summary of Trading Action

In summary, Adani Energy Solutions Ltd’s trading session on 3 Feb 2026 was marked by a strong gap up opening, sustained buying interest, and a peak intraday price of Rs 972.55. The stock outperformed both its sector and the broader market, supported by positive momentum and technical positioning above key moving averages.

While the stock remains below its 50-day moving average, the recent consecutive gains and intraday surge highlight a period of renewed strength. The broader market’s mixed performance, with the Sensex retreating after an initial gap up, contrasts with the stock’s robust upward trajectory.

Investors tracking the power sector and Adani Energy Solutions Ltd will note the stock’s ability to outperform sector peers and the benchmark index during volatile market conditions.

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