Adani Power shares jump 3% to fresh 52-week high as firm expands nuclear energy ambitions
Shares of Adani Power hit a fresh 52-week high after its subsidiary Adani Atomic Energy incorporated Coastal-Maha Atomic Energy, signalling a deeper push into nuclear energy. The stock’s surge also comes amid rising expectations of strong summer power demand, with analysts projecting higher coal-fired generation and firm merchant power prices.
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