Adani Power Up 25% as 8 Large-Caps Hit 52-Week Highs
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- Sensex surged 1,263 points to close at 78,111 on Wednesday, powering a broad-based large-cap rally in line with the 52-week high milestones.
- Adani Power led the eight gainers with an approximately 25% monthly surge, hitting a new 52-week high of Rs 187.15 against a current market price of Rs 183.3.
- Adani Energy Solutions reached a 52-week high of Rs 1,205.2, gaining about 18% in the past month at a CMP of Rs 1,171.15.
- Siemens touched a 52-week high of Rs 3,590, up roughly 12% over the month, while Titan Company hit Rs 4,534.65 for an 11% monthly gain.
- Hindalco Industries posted a 52-week high of Rs 1,045.55 with an 11% monthly rise, and Power Finance Corporation hit Rs 446.5, up 10%.
- ABB India and Tata Power Company rounded out the list with 52-week highs of Rs 6,993 and Rs 423.9, each gaining about 7% in the last month.
- Three of the eight 52-week-high stocks — Adani Power, Adani Energy Solutions, and Tata Power — come from the power and energy sector, suggesting concentrated sectoral momentum rather than a uniform broad-market move.
Why it matters: The rally is not uniform: three of the eight 52-week-high stocks are power and energy plays, and the Adani group's two entries delivered the top two monthly gains (25% and 18%), indicating that sector-specific momentum — not the broader 1,263-point Sensex surge — is driving the standout performances.
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