Adani Power shares hit a lower circuit. Should you buy Adani Power after the recent correction
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Adani Power's stock price has fallen as SEBI has put this multi-bagger stock in stage 4
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of ASM surveillance, say experts. They said that SEBI has done this to contain hypothes
es
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and high unpredictability in the stock to ensure the security of retail investors' money.
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Should you buy Adani Power after the recent correction?
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Adani Power is a quality share and the power theme is g
oing to work in the next 1 to 2 years
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because demand in the sector is rising up by 5-6 % per annum and no new big investment
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has happened in the sector in the last decade. The demand-supply constraint is
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going to work in favor of quality power stocks like Adani Power."
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