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EnergyMedium impactAfter close

Adani Power earnings outlook remains strong despite capex

after close1 source ↓written by the desknot a recommendation

target price
₹259
from its current
28% upside
current price
₹202.50
in FY26
18.3GW
by FY32
41.9GW

PL Capital has initiated coverage on Adani Power with a Buy rating and a target price of ₹259, indicating a 28% upside from its current price of ₹202.50. The firm expects strong earnings growth driven by new power purchase agreements and plans to expand capacity from 18.3GW in FY26 to 41.9GW by FY32, increasing market share to 14%.

This positive outlook highlights Adani Power's critical role in India's thermal power sector, supported by improving capital efficiency and declining leverage.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 25 Sept 2026, 16:10 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

ADANIPOWER closed −3.3% on the day of the news, from ₹202.75 to ₹196.14; Nifty −1.6% over the same session; futures OI +2.2%.

Bulletin at 16:10 IST on 25 Sept 2026. Every change is measured from ₹202.75, the last close before it, on 25 Sept. Nifty 50 is measured over the same sessions.

  • ADANIPOWER close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
ADANIPOWER closes around the bulletin against the close before the news, with Nifty 50 rebased to it176.31202.75229.19axis spans 30%before the news · 25 Sept202.75Nifty 50ADANIPOWERbulletinD0+1+321 Sept25 Sept1 OctFutures open interest, lotspeak 64,000Reference close ₹202.75. 9 sessions from 21 Sept to 1 Oct; the price axis spans 30 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before25 Sept₹202.75basebase
On the day28 Sept₹196.14▼ −3.3%▼ −1.6%−1.7 pp difference
+1 session29 Sept₹196.30▼ −3.2%▼ −1.8%−1.4 pp difference
+3 sessions1 Oct₹196.21▼ −3.2%▼ −3.1%−0.1 pp difference
+5 sessionsnot reached yet———
Gap at the open, % · ₹
0.0%0.00 on 28 Sept
Day's range, % · ₹
4.1%≈ 8.3 high to low
Volume on the day
1.19×the 20-session average
Futures OI on the day
▲ +2.2%+1,300 lots · short build-up · price −3.3%
Futures OI open, lots
61,00028 Sept · 29 Sept expiry
Futures premium, ₹
−0.47−0.2% to spot
Puts per call, by OI
0.56from 0.56 the session before
Max pain
210from 210 the session before

Source NSE UDiFF bhavcopy · ADANIPOWER on the desk →

Thread · ADANIPOWERAll ADANIPOWER bulletins →

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