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VERIFIEDET Stocks·positive
With 50% rally in 2026, Adani Power now most valued power company in India: What's working in its favour
AI Summary
- ·Adani Power has become India's most valuable listed power firm after a nearly 50% rally in 2026.
- ·The company's stock has surpassed NTPC in market valuation.
- ·Factors contributing to the re-rating include strong earnings, rising demand, high PLFs, new tariff PPAs, and growing institutional ownership.