Adani Power reclaims 200-DMA: Analyst sets ₹580 target
Adani Power broke above key moving averages after finding support at ₹540-545, signalling a bullish reversal. Analyst Anupam Bajpai sees a short-term target of ₹580 as momentum builds. A recent NCLT nod for its ₹4,000 crore Vidarbha Industries buyout also boosted sentiment. The stock is up nearly 12% YTD.