VERIFIEDMint Markets·25 Sept 2026positive

Adani Power shares up over 30% in last 6 months - PL Capital sees a further 30% upside - Price target, rationale

AI Summary

·Adani Power shares have risen more than 30% in the last six months.
·PL Capital forecasts an additional 30% upside for Adani Power shares.
·The company plans significant capacity expansion by FY32, supported by strong earnings and reduced debt.