Adani Power Soars 18% Post 1:5 Stock Split, Hits Record High Despite Apparent 80% Price Dip

On September 22, Adani Power shares appeared to crash nearly 80% in a single session — but this was only a technical adjustment following its first-ever 1:5 stock split. In reality, the stock surged more than 18%, hitting a fresh 52-week high of ₹168.80 apiece after turning ex-bonus. The stock split, approved in August, makes shares more affordable for retail investors while keeping overall value unchanged. For example, an investor holding 10 shares worth ₹100 each will now own 50 shares at ₹20 each, maintaining the same total worth. The move is aimed at enhancing liquidity and encouraging wider participation. Global brokerage Morgan Stanley has initiated coverage on Adani Power with an “overweight” rating, calling it a top pick and a strong turnaround story in India’s corporate history, following SEBI’s clean chit to the group. Hashtags: #AdaniPower #StockSplit #ShareMarket #RetailInvesting #SEBI #MorganStanley #StockMarketIndia #EquityMarkets