Adani Power denies Moneycontrol report on JP Power stake
ADANIPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.3 pts less than Nifty 100 and 0.9 pts less than its Power peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Adani Power has clarified that a Moneycontrol article dated 18 September 2026 claiming it is eyeing a 51 percent stake in JP Power by end of 2026 is entirely false. The company stated it has not undertaken any such action as reported in the article.
Denies acquisition rumours; no stake purchase underway. May ease short-term speculative pressure on the stock.