Adani Power Rises 2.60% After Signing Rs 4,193 Cr JAL Acquisition Deals
Shares of Adani Power Limited climbed 2.60% on 21 May, touching a day high of Rs 226.40 on the NSE, after the company signed two definitive agreements to acquire assets from debt-laden Jaiprakash Associates Limited as part of a court-approved insolvency resolution. Two separate deals make up the total outlay of Rs 4,193.6 crore. The…