Adani Power stock gained 4.99 percent or Rs 19.60 to Rs 412.35 against the previous close of Rs 392.75 on BSE. Market cap of the company rose to Rs 1.59 lakh crore.
Share price of Adani Power fell for the second straight session today as investors booked profit from record high. Adani Power stock hit lower circuit of 5 per cent to Rs 390.65 against the previous close of Rs 411.20 on BSE. In the previous session, shares of Adani Power closed 5 per cent lower at Rs 411.20. On Monday (August 22), the stock hit all-time high of Rs 432.80 after the Adani Group firm said it would buy DB Power Limited for an enterprise value of Rs 7,017 crore.