Adani Power
Adani Power has made a big difference in the stock market, in fact Adani Power has overtaken the country’s leading IT company Infosys in terms of market capitalization. Adani Power’s shares are expected to rise by 68 percent in the year 2026. According to experts, this rise in the company’s shares has come due to increasing electricity demand, scorching heat and strong El Nino effect.
In such a situation, it is believed that the shares of Adani Power may rise further with the strong heat. At present, the market cap of Adani Power has reached around Rs 4.85 lakh crore, while the market cap of Infosys is around Rs 4.72 lakh crore. With this, Adani Power has now become the 11th most valuable company in the country.
Why did Adani Power shares increase?
India is currently facing severe heat and heatwave. Due to the strong effect of El Nino, temperatures are continuously making new records. The situation is such that according to the data of May 22, out of the 100 hottest cities of the world, 97 were in India, while the remaining 3 were present in Nepal.
Due to the intense heat, the use of air conditioners, coolers and electrical appliances increased rapidly, leading to a huge surge in the demand for electricity. The shares of power companies got direct benefit from this and the shares of Adani Power also rose strongly.
On Wednesday, the company’s shares rose by nearly 3 percent to reach a new 52-week high of Rs 252 on NSE. The stock has given 13 percent return in one week, 126 percent return in one year. Whereas in the long run, a spectacular growth of 384 percent in three years and 1,213 percent in five years has been recorded.
Why did Infosys shares fade?
While the power sector benefited from heat and electricity demand, the IT sector remains under constant pressure. In early 2026, AI startup Anthropic launched plug-ins for its Claude Cowork agent that can automate many tasks like legal work, sales, marketing, and data analysis.
After this, concern increased among investors that AI technology could reduce the need for many IT services in the future. For this reason selling in IT shares increased. Infosys shares have fallen by about 29 percent so far in the year 2026. The company’s shares have fallen 3 percent in a week and 26 percent in a year. There has been a decline of 12 percent in three years and 17 percent in five years.
