Adani Power Limited (APL) has emerged as the most valuable stock in the Adani Group, boasting a market capitalization of ₹3.99 lakh crore after a 4.5% rise in shares to a new high of ₹207.50. This surge allows APL to surpass Adani Ports and Special Economic Zone (APSEZ), which stands at ₹3.65 lakh crore. APL is recognized as India's largest private thermal power producer, with a substantial power generation capacity of 18,110 MW, distributed across several states including Gujarat, Maharashtra, and Tamil Nadu. Over the past three years, the stock has shown an impressive 441% return, while in the last year, it has yielded 84% compared to just 2% from the Nifty index. The recent rally was partly driven by the announcement of a new subsidiary, Coastal-Maha Atomic Energy Limited, and ICRA's reaffirmation of stable ratings for APL's financial facilities. This performance highlights APL's resilience amid market volatility caused by external factors such as geopolitical tensions.