Shares of several Adani Group companies were trading higher on the NSE on Tuesday, with leading the charge after a reignited buying interest in the conglomerate’s stocks.
Adani Power was up ₹7.50 or 3.79 per cent to ₹205.50 as of 12.19 pm, with buy orders outnumbering sell orders at 55:45. Brokerage JM Financial retained its ‘Buy’ rating on Adani Power with a target price of ₹257, flagging a potential 30 per cent upside following a site visit to the company’s Raipur complex. The brokerage cited the turnaround of the 2×685 MW operational plant and the progress of the 2×800 MW expansion project under construction. The stock has surged 69.32 per cent over the past year from a 52-week low of ₹120 hit in September 2025.
climbed ₹56.20 or 3.53 per cent to ₹1,649.30, with near-even buy-sell pressure reflecting broad-based institutional interest. gained ₹40.70 or 3.35 per cent to ₹1,255.60, with buyers commanding 53.67 per cent of the order book. Both stocks have delivered over 23 per cent and 34 per cent returns, respectively, in the past year.
, the group’s flagship, has surged around 34 per cent so far in 2026, putting it on track to be the top gainer on the Nifty 50 for the year, a position it last held at the end of 2022, before the Hindenburg Research report triggered a selloff that wiped over $150 billion from the group’s market value. The stock was up a modest 0.50 per cent to ₹2,873.40 by mid-session, well below its 52-week high of ₹3,245.
Not all group stocks participated. Adani Energy Solutions fell ₹30.40 or 2.14 per cent to ₹1,387, weighed down by heavy sell pressure at 66.61 per cent of the order book. gained just 0.43 per cent, while and posted subdued gains of under 1 per cent.
The broader recovery across the group has come alongside share purchases from investors as the conglomerate rebuilds investor confidence following the short-seller attack.