Adani Power Rallies 3% Ahead of Board Meet to Consider Stock Split

Ahmedabad, July 29, 2025 – Shares of Adani Power Ltd edged up more than 3% intraday, reaching ₹589, as investors await a significant board meeting scheduled for August 1, 2025, to deliberate on a stock split of its ₹10 face‑value equity shares. The move, subject to shareholder and regulatory approvals, has attracted heightened interest and elevated trading volumes on Tuesday.

Adani Power Share Movement

As of 2:30 IST, the stock is trading at ₹588.40, up 3.11% compared to its previous close of ₹570.65. The shares touched an intraday high of ₹594.70 and recorded volumes exceeding 35.24 lakh shares, with a traded value of ₹204.62 crore. Market depth remained robust, with over 5.74 lakh shares on the sell side and 2.54 lakh on the buy side. It has a 52-week trading range of ₹432 to ₹752.90.

Strategic Outlook

If approved, this would mark Adani Power’s first stock split since listing, indicating a shift toward retail-friendly measures. By lowering the per-share price, the company aims to improve liquidity and broaden participation among retail investors. This initiative comes after the Group’s ongoing efforts to rebuild retail investor confidence in the wake of controversies, positioning the move as a strategic bid to make shares more accessible.

Market Implications

The proposed stock split could boost Adani Power’s retail investor participation by lowering the share price and enhancing liquidity. It reflects the company’s confidence and aims to increase trading activity, though it doesn’t impact the stock’s intrinsic value. Investors should still weigh market conditions and valuations before acting.

Adani Power Financial Performance Snapshot

Despite a 5% year-on-year dip in Q4 FY25 net profit (₹2,599 crore vs. ₹2,737 crore), revenue rose to ₹14,522 crore, a growth of 5.3%, led by higher volumes. The profit decline stemmed from fewer one‑off gains compared to the prior year. Annual net profit stood at ₹12,750 crore, down from ₹20,829 crore in FY24.

Adani Power Ltd, part of the Adani Group, is India’s largest private sector thermal power producer with a diversified presence across multiple states. The company is listed on both NSE and BSE and forms part of the NIFTY Next 50 index.

REF: https://nsearchives.nseindia.com/corporate/ADANIPOWER_29072025125949_APLBMsubdivision29072025.pdf

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