Adani Power Share Price Today Live Updates, 16 Sep, 2024: Adani Power shares remained in the news today after Maharashtra State Electricity Distribution Company (MSEDCL) issued a Letter of Intent for the supply of 6,600 MW of hybrid solar and thermal power. Adani Green Energy will supply 5,000 MW of solar power from its Khavda project, while Adani Power will provide 1,496 MW of thermal power from a new 1,600 MW ultra-supercritical facility. The stock surged as much as Rs 681.55 and closed the day’s trading 5.45% higher at Rs 668. The counter closed trade on 13 Sep, 2024 at Rs 633.55. The shares touched intraday high of Rs 647.65 in the last trading session while the intraday low was at Rs 630.45. The company’s market capitalization, as on 13 Sep, 2024, is at Rs 244356.37 crore. Adani Power shares recorded a 52-week high of Rs 896.75 and a 52-week low of Rs 289.3. The trading volume on BSE was 447056 shares on 13 Sep, 2024.
Adani Power Share Price Today Live Updates, 16 Sep, 2024: Adani Power's SMA and EMA Trends Reveal Market Dynamics
Adani Power's latest moving averages reveal key trends across various time frames. The 5-day Simple Moving Average (SMA) is at Rs 636.88, slightly below the 5-day Exponential Moving Average (EMA) of Rs 638.58. Over 10 days, the SMA is Rs 644.31, while the EMA is Rs 642.92. The 20-day SMA stands at Rs 655.61 compared to the EMA of Rs 654.18. For longer periods, the 50-day SMA is Rs 685.52, and the 100-day SMA is Rs 684.82, with the EMA at Rs 661.89. The 200-day SMA is Rs 614.71, reflecting broader trends and potential support levels for investors to watch.
