Adani Power hits record high ahead of Q4 FY26 results

Stock touches a new peak before earnings

Shares of Adani Power hit a record high ahead of its Q4 FY26 earnings announcement that is expected during market hours. The stock rose over 1% to a new high of ₹223.50 on April 27, 2026. The previous close cited for the counter was ₹218.05. The move came amid commentary around intense summer season power demand and renewed attention on the company’s steps in the nuclear energy segment.

What the company has said about the results date

Adani Power has informed exchanges that its Board of Directors will meet on Wednesday, April 29, 2026. The agenda includes considering and approving the audited financial results for the quarter and year ended March 31, 2026. The company’s filing described these as the “Results” for the quarter and year ended March 31, 2026. Market participants have been positioning ahead of the scheduled board meeting.

Investor and analyst call details

Alongside the board meeting, the company said it will hold an investor or analyst call on Wednesday, April 29, 2026 to discuss the results and business outlook. Another update in the provided text specified the earnings conference call timing as 5:00 PM IST on April 29, 2026. Adani Power also indicated that further details of the call will be intimated and published on its website in due course. The disclosures were reflected in exchange updates dated April 22, 2026, with references to both NSE and BSE.

Price snapshots reported through April

The article text contains multiple price points from different market updates during the month. On April 22, 2026 at 10:30 AM IST, Adani Power was quoted at ₹212.40, up 4.65% versus the previous price of ₹200.83. Another cited read showed ₹215.65, up ₹12.67 (6.24%), indicating intraday movement around that period. Earlier, a separate market note dated April 16 reported the stock up over 4% to ₹191.6, while Tata Power was largely flat at ₹421.90 at the time. On April 27, the stock was cited at ₹218.05 as the share price as on 04:10 PM IST, while the day also saw the new record high of ₹223.50.

Returns: short-term momentum and long-term multibagger labels

The stock’s run in April is reflected in several return series included in the text. One set of figures cited a 1-week return of 8.57% and a 1-month return of 41.66%. Another section stated the stock had risen 44% in a month, and that it was up 98.46% over the last 12 months. Longer-term figures varied across the inputs: the text described gains of 391% in three years and 1,068% in five years, while another return set cited 328% in three years and 723% in five years. The common thread is that the stock has delivered large multi-year gains, even though different snapshots reported different percentages.

Group-level market value references and why they differed

Market capitalisation was cited in multiple places, reflecting different dates and price levels. One line stated the company’s market cap climbed to ₹4.25 lakh crore. Another section said Adani Power was described as the most valuable company in the Adani Group by market capitalisation, with its value cited at ₹3.93 lakh crore, ahead of Adani Ports at ₹3.70 lakh crore. A separate April 7 update pegged Adani Power’s market capitalisation at ₹3,13,569.14 crore when the stock closed at ₹163.36 on the NSE. These differences are consistent with market cap changing with price and the timing of each snapshot.

Nuclear energy step: new subsidiary in April

One corporate development highlighted in the text was the incorporation of a subsidiary under Adani Power’s nuclear ambitions. The company said its wholly-owned subsidiary Adani Atomic Energy incorporated another subsidiary named Coastal-Maha Atomic Energy on April 13, 2026. The update was framed as a step advancing the group’s nuclear plans and was mentioned alongside the stock’s record-high run during the month.

Technical and trading cues mentioned in the updates

The article text also referenced technical signals and levels that some traders track. It noted a weekly MACD crossover appearing in the week ending April 24, 2026. It also cited technical supports at ₹170-175 and then ₹150. Separately, one line mentioned the stock moving up by 2.42% from a previous close of ₹212.90, with the last traded price cited as ₹218.05. These inputs were presented as market observations rather than company guidance.

What investors may watch in the Q4 event

The key near-term catalyst is the April 29, 2026 board meeting for audited results and the related investor call later that day. The company has not consistently specified the timing for publishing results in every update, although one section noted that in Q3 and Q2, earnings were announced during market hours. With the stock at record levels in April, the results and the commentary on business outlook are likely to be closely watched in the investor call.

Key facts table

Conclusion

Adani Power’s record-high move to ₹223.50 came just ahead of its scheduled Q4 FY26 audited results approval on April 29, 2026. The same day also features an investor or analyst call, cited at 5:00 PM IST, where management is expected to discuss the results and business outlook. Investors will track both the audited numbers for the quarter and year ended March 31, 2026, and any updates linked to demand conditions and new initiatives mentioned in recent disclosures.