Shares of Adani Power gained 3%, breaking a two-day losing streak, as analysts highlighted the company's favorable position amid India's increasing electricity demand and the booming data centre industry. The growth in power consumption is attributed to factors such as heatwaves and expanding digital infrastructure, which are expected to sustain demand. Industry experts from Jefferies and Bernstein have expressed optimism about Adani Power's prospects, citing the Adani Group's capacity to leverage these market dynamics. The rapid expansion of India's data centre sector further supports the positive outlook for the power company. Adani Power shares are climbing on strong prospects for India's power demand and the booming data centre sector.
Adani Power shares rise 3% amid strong demand outlook and Data Centre growth
by Riddra Markets Desk · 5 June 2026
Updated 5 Jun 2026, 6:27 am
Rising power demand and data centre growth enhance Adani Power's market prospects.