With this surge, Adani Power overtook Adani Ports and Special Economic Zone (APSEZ), which has a market cap of Rs 3.65 lakh crore, to become the most valuable listed entity within the group.
Among other group companies, Adani Green Energy stands at Rs 1.92 lakh crore, followed by Adani Energy Solutions at Rs 1.51 lakh crore. Ambuja Cements commands a market value of Rs 1.13 lakh crore, while Adani Total Gas (ATGL) is valued at Rs 68,529 crore.
Meanwhile, ACC has a market capitalisation of Rs 26,872 crore, and media firm New Delhi Television (NDTV) is valued at Rs 925 crore.
APL, part of the diversified Adani Group, is the largest private thermal power producer in India. The company has a power generation capacity of 18,110 MW comprising thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, Jharkhand, and Tamil Nadu, and a 40 MW solar power project in Gujarat.
Adani Power share price performance
The multibagger stock, which has delivered whopping 441% returns in the past three years, has remained a market outperformer for the past 12 months despite weak markets that have struggled initially because of Trump tariffs and lately because of the Iran-Israel/US war that began nearly 50 days ago.In the past 12 months, Adani Power shares have delivered returns of 84% compared to 2% returns by Nifty and a flat BSE Sensex.
The stock has seen an 8-session unbeaten run, rallying 38% in this period.
On Monday, its shares surged after the company informed the exchanges that its wholly-owned subsidiary Adani Atomic Energy Limited (AAEL) had incorporated a step-down subsidiary Coastal-Maha Atomic Energy Limited (CMAEL) on April 13, 2026.
Meanwhile, ICRA Limited has assigned ICRA AA/Stable and ICRA A1+ ratings to additional term loans and non-fund-based facilities of Adani Power Limited. It has also reaffirmed the same ratings on the company’s existing bank facilities and its issued and proposed non-convertible debentures.
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