22 Sep 2025 | 5 Mins Read
Adani Power shares plummet 80% in a single day
Flipitmoney
Adani Power shares fell as much as 80% to Rs 147 after trading ex-split due to the company's decision to subdivide one Rs 10 share into five Rs 2 shares, making shares more affordable for a broader investor base. The sharp fall is optical as the overall value of holdings remains unchanged, with Morgan Stanley initiating coverage with an overweight rating and a price target of Rs 818 per share.