In the rapidly expanding Indian energy landscape, Adani Power Limited has solidified its position as the country’s largest private thermal power producer. As India pushes toward ambitious industrial targets, the demand for reliable energy continues to surge. For investors and market watchers, the Adani Power Share Price serves as a vital indicator of both the company’s operational efficiency and the broader sentiment within the utilities sector.
1. Current Market Performance (February 2026)
As of February 4, 2026, the Adani Power Share Price is trading at approximately ₹143.62 on the National Stock Exchange (NSE). After a period of high volatility in early 2025, the stock has shown remarkable resilience, establishing a steady recovery trend in the current quarter.
Currently, the stock is trading with a bullish undertone, having recovered from its 52-week low of ₹92.40. Investors are closely watching the resistance levels near the ₹180 mark, which aligns with its recent 52-week high.
Key Market Statistics
| Parameter | Value (As of Feb 4, 2026) |
| Current Price (CMP) | ₹143.62 |
| 52-Week High / Low | ₹182.70 / ₹92.40 |
| Market Capitalization | ₹2,76,966 Crore |
| P/E Ratio (TTM) | 25.29 |
| Dividend Yield | 0.00% |
2. Q3 FY26 Financial Highlights
The movement in the Adani Power Share Price is strongly supported by the company’s recent quarterly performance. In January 2026, Adani Power reported:
- Revenue from Operations: The company recorded a revenue of ₹12,451 crore, reflecting steady demand despite a prolonged monsoon season.
- Profitability: Consolidated Net Profit for the quarter stood at ₹2,480 crore. While this was a slight year-on-year dip due to lower one-time prior-period income, the core operational EBITDA remained robust at ₹4,636 crore.
- Power Sale Volume: The company sold 23.6 billion units (BUs) in Q3 FY26, a marginal increase over the previous year, highlighting the efficiency of its thermal fleet.
3. Strategic Growth Drivers for 2026
Several factors are currently influencing the Adani Power Share Price trajectory:
- Capacity Expansion: The company is aggressively moving toward a 23.7 GW expansion goal. Nearly half of this upcoming capacity is already tied up through long-term Power Purchase Agreements (PPAs) with State DISCOMs.
- New Contracts: A significant win in late 2025 was the 3,200 MW PPA with Assam DISCOM, which ensures long-term revenue visibility.
- Strategic Partnerships: The Adani Group’s recent partnership with Leonardo for helicopter manufacturing ecosystems has bolstered overall group sentiment, indirectly supporting the utilities vertical.
- Operational Efficiency: With an O&M availability of over 90%, Adani Power continues to outperform industry averages in plant load factors (PLF).
Conclusion
The Adani Power Share Price reflects a company in a high-growth transition phase. While the stock has seen significant multi-year returns—over 1,100% in the last five years—the focus for 2026 remains on project execution and debt management. Analysts maintain a generally positive outlook, with average price targets suggesting a potential upside toward the ₹182 range if current momentum holds. For long-term investors, Adani Power remains a fundamental play on India’s inevitable energy demand growth.