Adani Power, arm of Indian business
conglomerate Adani Group, rallied nearly 10% on Wednesday with
heavy volumes. Shares ofthe companyare trading at Rs
39.55, up Rs 3.55, or 9.86% at the Bombay Stock Exchange (BSE) on
Wednesday at 1:04 p.m.The company's total volume of shares traded
on the bourses today was higher by 423.80% to 27,193,855 compared
with 22-day average volume of 5,191,689.The scrip has touched an
intra-day high of Rs 39.70 and low of Rs 36.20. In the earlier
session, the shares declined 0.69%, or Rs 0.25, at Rs 36.
Currently, the stock is trading down 43.5% from its 52-week high
of Rs 70 and above 34.3% over the 52-week low of Rs 29.45.