Introduction:
Adani Power Ltd.'s share price surged significantly on September 22, 2025, as the stock traded ex-split following its first-ever 1:5 stock split, with the record date set for the same day. The split adjusted the face value from ₹10 to ₹2, reducing the opening price from Friday’s close of ₹709.05 to ₹141.80, before climbing 18.82% to an intraday high of ₹168.50 on BSE. By 9:45 AM IST, it traded at ₹165.95, up 16.95% on NSE.
The rally follows SEBI’s dismissal of Hindenburg Research’s allegations and shareholder approval on September 4, boosting retail participation. Why does this matter? The split makes shares accessible, with the stock up 1,856.56% historically and 37.16% in six months, signaling strong investor confidence. As of September 22, 2025, 10:53 AM IST, #AdaniPower trends on X with 50,000 posts. This article covers price movements, split details, market reactions, historical context, stats, expert views, and future outlook.
Price Movement and Market Reaction
- Opening Price: ₹141.80, down 80% from ₹709.05 due to the 1:5 split.
- Intraday High: ₹168.50 (BSE, +18.82%); ₹165.95 (NSE, +16.95%) by 9:45 AM.
- 52-Week Range: High ₹168.80, low ₹86.40.
- Market Cap: ₹3,22,729.37 crore.
The surge reflects strong retail interest post-split and SEBI’s clean chit, dispelling Hindenburg’s claims. Other Adani stocks also rose: Adani Green (+3.91%), Adani Enterprises (+3%), Adani Ports (+1%).
Stock Split Details
- Ratio: 1:5, splitting one ₹10 face value share into five ₹2 shares.
- Record Date: September 22, 2025; approved August 1, finalized September 5.
- Impact: Paid-up shares expand from 385.69 crore (₹10 each) to 1,928.46 crore (₹2 each); no change to share capital.
- Purpose: Enhances affordability and liquidity, encouraging retail participation.
Historical Context: Adani Power’s Performance
Adani Power’s stock surged 388% since its February 2023 low, outperforming other Adani Group stocks post-Hindenburg. Historical gains: 20% in one month, 37.16% in six months, 1,856.56% overall. The split, the company’s first, aligns with its 2.5x capacity growth and 3x EBITDA projection by FY2033.
Statistics: Price and Performance
- Price on September 22: ₹165.95 (NSE, 9:45 AM), ₹168.50 (BSE high).
- Returns: 37.16% (6 months), 20% (1 month), 1,856.56% (historical).
- Market Cap: ₹3,22,729.37 crore.
| Metric | Value |
|---|---|
| Share Price (BSE High) | ₹168.50 |
| 52-Week High/Low | ₹168.80 / ₹86.40 |
| 6-Month Return | 37.16% |
| Market Cap | ₹3,22,729.37 crore |
Expert Opinions and Brokerage Views
Morgan Stanley: “Overweight rating, ₹818 target, 29% upside; strong growth from acquisitions and PPAs.” Financial Express: “Split enhances accessibility; stock buzzing.” On X, #AdaniPower (50k posts): 80% bullish sentiment.
Potential Impacts: Growth and Market Outlook
The split boosts liquidity, with Morgan Stanley projecting a 2.5x capacity increase by FY2033. Risks include regulatory scrutiny; opportunities lie in new coal PPAs and acquisitions. Retail enthusiasm may drive further gains, with a 52-week high of ₹168.80 already hit.
Conclusion
Adani Power’s share price rallied 18.82% to ₹168.50 on September 22, 2025, post its 1:5 stock split, fueled by retail interest and SEBI’s clearance. With strong growth projections, the stock remains a market focus. Updates at nuvexic.com.
FAQ
Share price today?
₹165.95 (NSE, 9:45 AM), ₹168.50 (BSE high).
Stock split ratio?
1:5, ₹10 to ₹2 face value.
Why the surge?
Split affordability, SEBI Hindenburg dismissal.
52-week high?
₹168.80.
Brokerage target?
Morgan Stanley: ₹818, 29% upside.
Market cap?
₹3,22,729.37 crore.
