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JP Power shares surge 28% in 2 days, Adani Power hits fresh 52-week high amid optimism around stake acquisition

Jaiprakash Power Ventures shares surged on Friday, extending their two-day rally to 28%, amid strong investor optimism surrounding Adani Powers proposed stake acquisition in the company. JP Power stock climbed to Rs 24.50 and is up nearly 31% this week, with heavy trading activity as over 24 crore shares worth Rs 572 crore changed hands within the first 15 minutes of NSE trading.

Raccontata datimesofindia.indiatimes.comeconomictimes.indiatimes.com

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2 prospettive sulla stessa storia
AI · summaries
economictimes.indiatimes.comStai leggendo7 g fa

JP Power shares surge 28% in 2 days, Adani Power hits fresh 52-week high amid optimism around stake…

Adani Power acquired a 24% stake in JP Power (JPVL) and the 180 MW Churk thermal plant for ~Rs 4,194 crore, under NCLT's March 2026-approved resolution plan for debt-ridden Jaiprakash Associates. The deal expands Adani's thermal generation portfolio in a market where Indian power demand is surging, reinforcing the group's position as a dominant infrastructure consolidator worth tracking for energy procurement and infrastructure stack decisions.

originale
timesofindia.indiatimes.com9 g fa

Big milestone! Adani Power overtakes Infosys in market capitalisation; share rallies over 65% year-to-date

Adani Power share price today: In a milestone for the company, Adani Power has overtaken IT sector giant Infosys in terms of market capitalisation after seeing a sharp rally of nearly 68% so far in 2026.

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Timeline cronologica

  1. mercoledì 27 maggio 2026·timesofindia.indiatimes.com

    Big milestone! Adani Power overtakes Infosys in market capitalisation; share rallies over 65% year-to-date

    Adani Power share price today: In a milestone for the company, Adani Power has overtaken IT sector giant Infosys in terms of market capitalisation after seeing a sharp rally of…

  2. mercoledì 27 maggio 2026·economictimes.indiatimes.com

    JP Power shares soar 20% on optimism around Adani Power’s 24% stake purchase

    Jaiprakash Power Ventures shares surged on Wednesday, extending gains for a fifth straight session and rising more than 25% during this period. Trading activity remained strong,…

  3. venerdì 29 maggio 2026·economictimes.indiatimes.com

    JP Power shares surge 28% in 2 days, Adani Power hits fresh 52-week high amid optimism around stake acquisition

    Jaiprakash Power Ventures shares surged on Friday, extending their two-day rally to 28%, amid strong investor optimism surrounding Adani Powers proposed stake acquisition in the…