Adani Power Ltd.

NSE: ADANIPOWER · Power

₹196.14

as of 28 Sep 2026

AI verdict · 28 Sep 2026

Bearish 68% confidence

Extreme 12-month collapse (−67.84%) persists despite positive operational news, bearish technicals (price below all EMAs, RSI 44.89…

Strongest bull point

Strong Q3 EBITDA (₹4,636 cr), successful ₹7,500 cr NCD fundraising, 23.7 GW PPA-backed capacity pipeline, and recent subsidiary consolidation signal operational momentum and management confidence in execution.

Strongest bear point

Bearish technical setup (price below all EMAs, RSI 44.89, volume 64% of average, 3-month −10.7% return) contradicts 'capitulation complete' narrative; 59.2 pp underperformance vs NIFTY despite positive news suggests hidden leverage or execution risk that debt metrics would reveal.

Technical Forecast · next 10 trading days

Expected

₹214.16 +9.2%

Range

₹212.25 – ₹216.08

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Every call on ADANIPOWER, misses included

Bearish 28 Sep 2026 → now Scores 28 Oct 2026

₹196.14 → ₹196.14 0.0%

Our accuracy

Every verdict and forecast here is dated and scored when it matures — right or wrong. The first scored results publish a month after launch.

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