BusinessPhoto: Mint MarketsAdani Power Shares Rise 27% in 2026, Elara Sees 16% Upside
Elara Capital initiated coverage of Adani Power with an Accumulate rating and a target price of ₹220. The firm highlighted the importance of thermal power in India's energy system and Adani Power's planned capacity growth as positive factors. Despite recent 27% share gains in 2026, Elara notes a limited valuation upside of 16%.
Mint Markets·




