Shares of Adani Power Ltd., part of the Adani Group, surged 18% on Monday, September 22, as the stock began trading post its stock split adjustment.
Earlier, along with its Q1 FY26 results, Adani Power had announced a share subdivision, splitting one share of ₹10 face value into five shares of ₹2 each. This move is aimed at improving liquidity and making the stock more affordable for retail investors.
Shareholders holding Adani Power shares in their demat accounts as of Friday, September 19, are eligible for the stock split. Investors purchasing shares after this date will not be eligible for the adjustment.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
