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

Wait 5 sec.

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.