Adani Group stocks are back in the limelight after market regulator SEBI clears all allegations by the former US short seller Hindenburg.
On September 19th alone, Adani Group’s market valuation skyrocketed by Rs 69,000 crore. However, there is one Adani stock that had an action-packed week! This specific power-generating Adani company touched a new 52-week high and gave nearly 15% returns in just 1 day. Also, the stock is going to be in focus next week for its first-ever stock split in the ratio of 1:5. Experts are bullish and continue to give BUY ratings! Who is it?
Drum Roll! It is none other than Adani Power! 
Adani Power had a strong trading week between September 15 to 19, despite the stock seeing selling pressure in the first three days of this week. Adani Power made a strong turnaround from September 18th to 19th. Here’s how!
Adani Power Share Price:
Adani Power started the latest weekly session with about a 1% decline each on September 15th, 16th, and 17th. The stock price did halt its three-consecutive-day losing streak on September 18th, but the gains were meager at 0.11% on BSE to Rs 630.85.
Then came September 19th. Adani Power, just like every other Adani stock, was bound to see a strong bullish trend after Sebi dismissed Hindenburg’s allegations on the port-to-power empire for stock manipulation, fraud and related party misuse, among others.
This is a massive faith restoration in Adani stocks because when Hindenburg accused the Adani Group and chief Gautam Adani of stock manipulation in January 2023, this empire recorded one of the biggest market routs in India’s history, nearly 150 billion.
Hence, Sebi’s clean chit against the Hindenburg row is a big win for Gautam Adani and his stocks.
But the trend in Adani Power was not limited to Hindenburg! This heavyweight power utilities company is going to split its shares in the ratio of 1:5 on September 22nd as well.
The strong optimism of investors led Adani Power to hit a new 52-week high of Rs 723.40 apiece and surge by at least 14.7% from the previous day. After market hours, the stock closed at Rs 709.05 on BSE, up by 12.40% with a market cap of Rs 273,476.26 crore.
Why Do Analysts Still Recommend BUY On Adani Power?
Jigar S. Patel, Sr. Manager – Equity Research of Anand Rathi told GoodReturns, since the start of 2025, ADANIPOWER faced repeated rejections from the 610-620 zone, as highlighted in the chart. However, the stock has recently broken above this crucial resistance with strong volume, confirming a range breakout. This indicates improved buying interest and momentum. 
On the technical front, he added, the weekly MACD has given a bullish crossover just above the zero line, adding to the positive outlook. Such a signal often strengthens the probability of sustained upside.
Hence, Patel said, “a staggered buying approach is recommended up to 680 levels, keeping a stop-loss below 620 on a closing basis.”
“The breakout sets the stage for a potential move towards 810 in the coming weeks, provided momentum sustains above the breakout zone,” Patel lastly said.
Also, the consensus recommendation from 4 analysts for Adani Power Ltd. is STRONG BUY, as per Trendlyne.
Adani Power Stock Split:
The powerpack Adani company is going to turn ex-date for a stock split for the first time ever. The ratio of stock split is 1:5 which means that 1 (one) equity share having a face value of Rs. 10/- (Rupees Ten only) each fully paid-up will be subdivided/split into 5 (five) equity shares having a face value of Rs. 2/- (Rupees Two only) each fully paid-up.
The record date for the stock split is fixed on Monday, September 22, 2025 as the “Record Date” for the purpose of determining the eligibility of shareholders for subdivision.
In general terms, a stock split is carried by listed companies to improve liquidity and make its shares available at a fresh cheaper price for both new and existing investors. However, the share capital does not change due to stock split. For example: If you are holding 100 shares of Adani Power at Rs 700 per share, and is eligible for the 1:5 stock split ratio.
Then…
100 Shares will multiply to 500 shares (100×5/1): Rs 700 Per Share Could Fall To Rs 140 (Rs 700/5)
But your portfolio value will not reduce.
100 Shares X Rs 700 Per Share: Rs 70,000
500 Shares X Rs 140 Per Share: Rs 70,000
Hence, your portfolio will remain same, but the number of shares will rise and the price level will decline due to the stock split.
About Adani Power Ltd:
Adani Power (APL), a part of the diversified Adani Group, is the largest private thermal power producer in India. The company has an installed thermal power capacity of 12,410 MW spread across six power plants in Gujarat, Maharashtra, Karnataka, Rajasthan and Chhattisgarh, apart from a 40 MW solar power plant in Gujarat.