Adani Energy Solutions Ltd Hits Intraday Low Amid Price Pressure

Intraday Performance and Price Movement

On 23 Jan 2026, Adani Energy Solutions Ltd (Stock ID: 999961) recorded a day change of -3.12%, closing near its lowest point of the session. The stock’s intraday low of Rs 895.9 marked a significant dip compared to its recent trading levels. This decline came after two consecutive days of gains, signalling a reversal in the short-term trend. The stock underperformed the power sector by 2.32%, indicating sector-relative weakness.

Further technical indicators reveal that Adani Energy Solutions is trading below all key moving averages — the 5-day, 20-day, 50-day, 100-day, and 200-day averages — underscoring the prevailing downward momentum. Such positioning often reflects sustained selling interest and a lack of immediate buying support at higher levels.

Market Context and Broader Indices

The broader market environment also contributed to the stock’s pressure. The Sensex opened flat with a marginal gain of 28.57 points but slipped into negative territory, trading at 82,237.53, down 0.08%. The index remains 4.77% below its 52-week high of 86,159.02. Notably, the Sensex is trading below its 50-day moving average, although the 50DMA itself is positioned above the 200DMA, suggesting mixed signals for the broader market trend.

Adani Energy Solutions’ one-day performance of -3.24% starkly contrasts with the Sensex’s modest decline, highlighting the stock’s relative weakness. Over longer periods, the stock’s performance has been mixed: it has declined 1.39% over the past week and 10.05% over the past month, compared to the Sensex’s respective declines of 1.59% and 3.84%. Year-to-date, the stock has fallen 13.04%, significantly underperforming the Sensex’s 3.50% decline.

Longer-Term Performance and Market Capitalisation

Despite recent weakness, Adani Energy Solutions has demonstrated strong long-term returns. Over the past year, the stock has gained 10.39%, outperforming the Sensex’s 7.47% rise. Its five-year return stands at an impressive 87.57%, well above the Sensex’s 68.25% gain, and over a decade, the stock has surged by 2603.93%, vastly exceeding the benchmark’s 236.55% growth.

However, the three-year performance tells a different story, with the stock declining 67.83% compared to the Sensex’s 34.94% gain, reflecting significant volatility and periods of underperformance. The company’s market capitalisation grade is rated at 1, indicating a relatively modest market cap within its sector.

Mojo Score and Analyst Ratings

Adani Energy Solutions currently holds a Mojo Score of 37.0, categorised as a Sell grade. This represents a downgrade from its previous Strong Sell rating on 8 Jan 2026, signalling a slight improvement in the stock’s outlook but still reflecting caution. The Mojo grading system incorporates multiple financial and market metrics, and the current rating suggests that the stock faces ongoing challenges relative to peers and market expectations.

Sector and Industry Comparison

Operating within the power sector, Adani Energy Solutions’ recent underperformance relative to its sector peers is notable. The stock’s decline of 3.24% today contrasts with the sector’s more moderate movement, indicating specific pressures on the company rather than broad sector weakness. This divergence may be influenced by company-specific factors or investor sentiment shifting away from the stock amid broader market fluctuations.

Immediate Pressures and Market Sentiment

The stock’s sharp intraday decline and failure to hold above key moving averages suggest that selling pressure remains dominant. The reversal after two days of gains indicates that short-term momentum has weakened, and investors are likely responding to broader market caution and the stock’s relative underperformance.

Market sentiment towards Adani Energy Solutions appears subdued, with the Mojo Sell rating reinforcing a cautious stance. The stock’s inability to sustain gains amid a broadly flat to slightly negative Sensex environment points to company-specific factors weighing on investor confidence. This environment has contributed to the stock’s underperformance relative to both the sector and benchmark indices.

Overall, the combination of technical weakness, relative underperformance, and cautious analyst grading has culminated in the stock touching its intraday low today, reflecting the immediate price pressure and subdued market sentiment.

Summary of Key Metrics

To summarise, Adani Energy Solutions Ltd’s key performance indicators as of 23 Jan 2026 are:

• Intraday low: Rs 895.9 (-3.15%)
• Day change: -3.12%
• Mojo Score: 37.0 (Sell, downgraded from Strong Sell on 8 Jan 2026)
• Market Cap Grade: 1
• Underperformance vs sector today: -2.32%
• Trading below all major moving averages (5, 20, 50, 100, 200 days)
• One-day performance vs Sensex: -3.24% vs -0.08%
• Year-to-date performance: -13.04% vs Sensex -3.50%

These figures illustrate the stock’s current challenges amid a cautious market backdrop and highlight the immediate pressures contributing to today’s decline.

Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →