Adani Power Stock Update: Share Price Slips 1.25% Intraday
Adani Power (NSE: ADANIPOWER) share price is down 1.25% today, currently trading at ₹223.35, in an intraday dip following recent strong gains.
Adani Power (NSE: ADANIPOWER) is currently experiencing an intraday decline, with the stock trading at ₹223.35, marking a 1.25% fall from its previous close of ₹226.17. The session began with the stock opening at ₹227.55, briefly touching an intraday high of ₹228.40 before retreating to an intraday low of ₹221.40. Trading volumes remain substantial at 15,433,806 shares, suggesting active participation in today's session.
| ADANIPOWER – Stock Updates as of (11:05AM, 15 Jul 2026) | |||
|
LTP
₹223.35 |
Open
₹227.55 |
High
₹228.40 |
Low
₹221.40 |
|
52W High
₹0.00 |
52W Low
₹0.00 |
Volume
15,433,806 |
% Chg
-1.25% |
52-Week Context of Adani Power
While specific 52-week high and low data for ADANIPOWER is currently unavailable in the provided market snapshot, the stock has recently demonstrated significant upward momentum. Reports from the past few weeks indicate that Adani Power shares had surged, even hitting fresh 52-week highs around the ₹254.20 mark on May 28, 2026, and also seeing a rally over 6% on July 14, 2026. The company has shown a remarkable 87.20% increase over the last year. Today's move, therefore, sees the stock pulling back from these elevated levels, though it remains well above its historical lows. Tata Consultancy Services Stock Update: Share Price Slips 2.3% on IT Sector Headwinds.
Latest Developments of Adani Power's Share Price
The intraday dip in Adani Power's share price today comes after a period of strong performance and positive sentiment. Just yesterday, on July 14, 2026, the stock rallied over 6% amidst heavy trading volumes, partly driven by Goldman Sachs including Adani Power in its preferred India stock ideas. Furthermore, Adani Power recently surpassed Infosys in market capitalization, becoming the 11th most valuable company on Indian bourses, a feat attributed to its 68% stock surge in 2026 and robust investor favour driven by rising energy demand. The broader Indian power sector continues to exhibit strong demand, supported by factors like heatwaves and the burgeoning digital infrastructure. Earlier this month, IIFL initiated coverage on Adani Power with a 'Buy' rating and a target price of ₹240, forecasting a quadrupling of its EBITDA by FY33-35E due to its growth pipeline in thermal, nuclear, and hydro power generation. There are no immediate corporate announcements or analyst downgrades from the past 24 hours that specifically account for today's negative intraday movement. The current decline thus appears to be a period of profit-booking or market consolidation following its recent significant gains. Infosys Stock Update: Shares Dip Amidst IT Sector Headwinds.
Investors will be closely watching for any fresh triggers or broader market cues for the remainder of the session. A sustained break below the intraday low of ₹221.40 could indicate further downside, while a recovery towards the open of ₹227.55 would suggest renewed buying interest.
Disclaimer: The information provided in this article is based on news reports and is not intended as investment advice. Investing in stocks involves risk. LatestLY advises its readers to consult with a financial advisor before making any investment decisions.
(The above story first appeared on LatestLY on Jul 15, 2026 11:05 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).