Key Events This Week
Feb 09: Stock opens at Rs.151.30, declines 0.88% amid broader market gains
Feb 10: Further dip to Rs.149.10, down 1.45% despite Sensex rise
Feb 11: Recovery to Rs.150.85 (+1.17%) on increased volume
Feb 12: Minor decline to Rs.149.80 (-0.70%) with subdued volume
Feb 13: Sharp fall to Rs.139.90 (-6.61%) on heavy volume and intraday low of Rs.145.2
Monday, 09 February 2026: Opening Decline Amid Market Strength
Adani Power commenced the week at Rs.151.30, marking a decline of 0.88% from the previous Friday’s close of Rs.152.65. This drop contrasted with the Sensex’s robust gain of 1.04%, closing at 37,113.23. The stock’s volume was nearly one million shares, indicating moderate investor interest despite the negative price movement. The divergence from the broader market suggested early signs of sector-specific caution.
Tuesday, 10 February 2026: Continued Downtrend Despite Sensex Gains
The downward momentum persisted with the stock slipping further to Rs.149.10, a 1.45% loss on the day. The Sensex continued its upward trajectory, albeit at a slower pace (+0.25%), closing at 37,207.34. Volume dipped slightly to 923,945 shares, reflecting a cautious trading environment. The stock’s underperformance relative to the benchmark index highlighted emerging pressures within the power sector.
Wednesday, 11 February 2026: Midweek Recovery on Higher Volume
Adani Power rebounded to Rs.150.85, gaining 1.17% as volume surged to over 1.3 million shares. This recovery coincided with a marginal Sensex gain of 0.13%, closing at 37,256.72. The increased trading activity suggested renewed investor interest, possibly driven by short-term technical buying. However, the stock remained below its previous week’s close, indicating that the recovery was tentative.
Strong fundamentals, solid momentum, fair price – This Large Cap from the NBFC sector checks every box for our Top 1%. This should definitely be on your radar!
- - Complete fundamentals package
- - Technical momentum confirmed
- - Reasonable valuation entry
Thursday, 12 February 2026: Minor Pullback on Lower Volume
The stock edged down slightly to Rs.149.80, a 0.70% decline, on subdued volume of 450,142 shares. The Sensex reversed course, falling 0.56% to 37,049.40, reflecting broader market caution. Adani Power’s price remained above its 20-day, 50-day, and 200-day moving averages, signalling medium- to long-term support, but trading below the 5-day and 100-day averages suggested short-term resistance and uncertainty.
Friday, 13 February 2026: Sharp Decline on Heavy Volume and Mixed Technicals
Friday marked a significant turning point as Adani Power plunged 6.61% to close at Rs.139.90, its lowest level of the week. The stock recorded an intraday low of Rs.145.20, reflecting intense selling pressure. Volume surged to over 2.37 million shares, making it one of the most actively traded stocks on the day with a traded value approximating ₹102.7 crore. Despite this liquidity, delivery volumes dropped sharply by 54.67% compared to the five-day average, indicating reduced genuine investor participation and possibly more speculative trading.
The stock underperformed the power sector, which declined 1.78%, and the Sensex, which fell 1.40% to 36,532.48. Technical indicators remained mixed: while the price stayed above longer-term moving averages, it failed to hold above short-term averages, signalling immediate weakness. The weighted average price volatility was elevated at 21.45%, underscoring the day’s heightened intraday fluctuations.
Holding Adani Power Ltd from ? See if there's a smarter choice! SwitchER compares it with peers and suggests superior options across market caps and sectors!
- - Peer comparison ready
- - Superior options identified
- - Cross market-cap analysis
Weekly Price Performance Comparison
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-02-09 | Rs.151.30 | -0.88% | 37,113.23 | +1.04% |
| 2026-02-10 | Rs.149.10 | -1.45% | 37,207.34 | +0.25% |
| 2026-02-11 | Rs.150.85 | +1.17% | 37,256.72 | +0.13% |
| 2026-02-12 | Rs.149.80 | -0.70% | 37,049.40 | -0.56% |
| 2026-02-13 | Rs.139.90 | -6.61% | 36,532.48 | -1.40% |
Key Takeaways
Adani Power’s 8.35% weekly decline significantly outpaced the Sensex’s 0.54% fall, underscoring sector-specific challenges and investor caution. The stock’s sharp drop on Friday amid heavy volume and intraday volatility signals heightened selling pressure and uncertainty in the near term.
Mixed technical indicators, with the stock trading above longer-term moving averages but below short-term ones, suggest a complex price structure. The reduction in delivery volumes despite high traded volumes points to speculative trading rather than strong accumulation.
MarketsMOJO’s upgrade of Adani Power’s Mojo Score to 50.0 with a Hold rating reflects a stabilisation in outlook, yet the recent price action advises prudence. The stock’s large-cap status and historical outperformance over one and five years provide some longer-term confidence, but immediate pressures remain evident.
Conclusion
The week ending 13 February 2026 was marked by volatility and a clear downtrend for Adani Power Ltd. Despite intermittent recoveries, the stock succumbed to sustained selling pressure, culminating in a steep decline on heavy volume. While medium- and long-term technical supports remain intact, short-term weakness and reduced delivery volumes highlight caution among investors.
Adani Power’s performance relative to the Sensex and its sector suggests that external and sectoral factors are influencing sentiment. The Hold rating and Mojo Score upgrade indicate a neutral stance, reflecting neither strong bullish nor bearish conviction. Investors and traders should monitor volume patterns and technical signals closely in the coming sessions to gauge the stock’s directional momentum.
Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →
