Adani Power Shows Positive Momentum Amid Broader Market Gains and Mixed Long-Term Trends

Adani Power has shown notable activity today, gaining 3.85% on April 15, 2025. The stock has outperformed its sector by 1.28%, marking a positive trend as it has recorded consecutive gains over the last two days, accumulating a total return of 4.98% during this period. The stock reached an intraday high of Rs 535.8, reflecting a 3.42% increase at its peak.
In terms of moving averages, Adani Power is currently positioned higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. This indicates a mixed performance in the context of longer-term trends.

The broader market also experienced a significant uptick, with the Sensex opening at 76,852.06, gaining 1,694.80 points (2.26%) and currently trading at 76,729.93 (2.09%). Small-cap stocks are leading the market, with the BSE Small Cap index rising by 2.25%.

Over various time frames, Adani Power's performance has been varied, with a year-to-date increase of 1.81% compared to the Sensex's decline of 1.78%. However, its one-year performance shows a decline of 8.86%, contrasting with the Sensex's gain of 4.56%.