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Adani Power shares soar 44% in April so far as temperatures sizzle. What lies ahead?

Posted on April 23, 2026
By Business News Today
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1 min read

Adani Power shares soar 44% in April so far as temperatures sizzle. What lies ahead?

Adani Power shares surged over 44% in April, driven by rising temperatures and expectations of strong power demand. Heatwave forecasts and a potential El Nino impact have boosted sentiment. Brokerages highlight increased electricity consumption trends, positioning power stocks as key beneficiaries of extreme weather conditions this summer.