Shares of Adani Power have rallied 72.59% in eight trading days from its previous closing low of Rs 91.95 on 28 May 2021. The counter hit a record high of Rs 167.05 in intraday today. The stock has soared 362% from its 52-week low of Rs 141.10 hit on 13 July 2020.

In last one month, Adani Power has jumped 63.5% compared with 5.83% rise in Nifty 50 index.

On the technical front, the stock's RSI (relative strength index) stood at 83.53. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

The stock is trading above its 50 and 100 days simple moving average placed at 98.12 and 80.58 respectively. These levels will act as crucial support zones in near term.

APL a part of the diversified Adani Group, is the largest private thermal power producer in India. The company has an installed thermal power capacity of 12,410 MW spread across six power plants in Gujarat, Maharashtra, Karnataka, Rajasthan and Chhattisgarh, apart from a 40 MW solar power plant in Gujarat

The company reported consolidated net profit of Rs 13.13 crore in Q4 FY21 compared with net loss of Rs 1312.86 crore in Q4 FY20.

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Pilani Investment & Industries Corporation Ltd, NIIT Ltd, Kitex Garments Ltd and Majesco Ltd are among the other gainers in the BSE's 'A' group today, 08 June 2021.

Adani Power Ltd surged 18.51% to Rs 150.45 at 11:49 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 145.72 lakh shares were traded on the counter so far as against the average daily volumes of 35.52 lakh shares in the past one month.

Pilani Investment & Industries Corporation Ltd soared 15.86% to Rs 2118.9. The stock was the second biggest gainer in 'A' group. On the BSE, 10971 shares were traded on the counter so far as against the average daily volumes of 807 shares in the past one month.

NIIT Ltd spiked 14.73% to Rs 290.5. The stock was the third biggest gainer in 'A' group. On the BSE, 9.15 lakh shares were traded on the counter so far as against the average daily volumes of 1.21 lakh shares in the past one month.

Kitex Garments Ltd gained 12.77% to Rs 128.45. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.57 lakh shares were traded on the counter so far as against the average daily volumes of 30624 shares in the past one month.

Majesco Ltd spurt 10.00% to Rs 96.8. The stock was the fifth biggest gainer in 'A' group. On the BSE, 78991 shares were traded on the counter so far as against the average daily volumes of 87237 shares in the past one month.

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Adani Power Ltd rose 12.49% today to trade at Rs 142.8. The S&P BSE Utilities index is up 1.17% to quote at 2608.06. The index is up 15.19 % over last one month. Among the other constituents of the index, Rattanindia Power Ltd increased 8.7% and Reliance Power Ltd added 4.95% on the day. The S&P BSE Utilities index went up 67.81 % over last one year compared to the 52.36% surge in benchmark SENSEX.

Adani Power Ltd has added 47.14% over last one month compared to 15.19% gain in S&P BSE Utilities index and 6.42% rise in the SENSEX. On the BSE, 24.71 lakh shares were traded in the counter so far compared with average daily volumes of 34.64 lakh shares in the past one month. The stock hit a record high of Rs 143 on 08 Jun 2021. The stock hit a 52-week low of Rs 34.35 on 14 Jul 2020.

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Dalmia Bharat Sugar & Industries Ltd, Hikal Ltd, Radico Khaitan Ltd and Triveni Engineering and Industries Ltd are among the other gainers in the BSE's 'A' group today, 07 June 2021.

Adani Power Ltd spiked 18.01% to Rs 124.85 at 11:49 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 92.86 lakh shares were traded on the counter so far as against the average daily volumes of 30.92 lakh shares in the past one month.

Dalmia Bharat Sugar & Industries Ltd soared 16.21% to Rs 388.9. The stock was the second biggest gainer in 'A' group. On the BSE, 81531 shares were traded on the counter so far as against the average daily volumes of 53760 shares in the past one month.

Hikal Ltd surged 12.42% to Rs 498. The stock was the third biggest gainer in 'A' group. On the BSE, 4.02 lakh shares were traded on the counter so far as against the average daily volumes of 1.56 lakh shares in the past one month.

Radico Khaitan Ltd rose 12.41% to Rs 728.1. The stock was the fourth biggest gainer in 'A' group. On the BSE, 87494 shares were traded on the counter so far as against the average daily volumes of 48746 shares in the past one month.

Triveni Engineering and Industries Ltd gained 11.92% to Rs 169.5. The stock was the fifth biggest gainer in 'A' group. On the BSE, 3.27 lakh shares were traded on the counter so far as against the average daily volumes of 1.75 lakh shares in the past one month.

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