Adani Power energizes on synchronizing Unit III of Mundra thermal power station
Adani Power is currently trading at Rs. 128.60, up by 0.90 points or 0.70% from its previous closing of Rs. 127.70 on the BSE.
The scrip opened at Rs. 127.65 and has touched a high and low of Rs. 129.35 and Rs. 127.35 respectively. So far 167288 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 133.80 on 23-Jul-2010 and a 52 week low of Rs. 90.25 on 05-Nov-2009.
Last one week high and low of the scrip stood at Rs. 129.90 and Rs. 126.80 respectively. The current market cap of the company is Rs. 27991.65 crore.
The promoters holding in the company stood at 73.50% while Institutions and Non-Institutions held 10.97% and 15.53% respectively.
Gujarat-based Adani Power (APL) has successfully synchronized the 3rd unit of 330 megawatt (MW) Mundra thermal power station with the grid on Friday morning, July 30, 2010, the company stated in its announcement made to the Bombay Stock Exchange (BSE).
Recently, it was shortlisted, along with three other international bidders, to build a 1,000 MW coal-fired power plant in Republic of Kosovo.
Adani Group, having experience of managing the entire value chain starting from mining to transmission with international exposure and network for trading and mining, is exploring opportunities largely in emerging markets where the demand for power is surging.
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