Six Adani Group Stocks End Higher; Two Firms Hit Upper Circuit

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Six Adani Group Stocks End Higher; Two Firms Hit Upper Circuit


Last Updated: March 16, 2023, 19:22 IST

The market valuation of Adani Green Energy elevated by Rs 5,860.92 crore to Rs 1.23 lakh crore, and that of Adani Transmission jumped by Rs 5,025.29 crore to Rs 1.08 lakh crore. (File Photo: Reuters)

The shares of Adani Green Energy spurt 5 per cent to settle at Rs 777.95, and Adani Transmission climbs 4.84 per cent to shut at Rs 976.05 on the BSE

Stocks of six Adani group corporations out of the ten listed entities ended within the inexperienced territory on Thursday amid a constructive development within the broader fairness markets. At the tip of the session, the six group corporations have been settled within the inexperienced, whereas 4 closed within the crimson.

The shares of Adani Green Energy spurted 5 per cent to settle at Rs 777.95, and Adani Transmission climbed 4.84 per cent to shut at Rs 976.05 on the BSE. The scrips of those corporations hit their higher worth bands on the trade.

The market valuation of Adani Green Energy elevated by Rs 5,860.92 crore to Rs 1.23 lakh crore, and that of Adani Transmission jumped by Rs 5,025.29 crore to Rs 1.08 lakh crore. Ambuja Cements climbed 3.74 per cent to shut at Rs 378.60, ACC rose 0.73 per cent to settle at Rs 1,753.15, and Adani Ports and Special Economic Zone (APSEZ) ended on a flat word at Rs 679.15 every share.

Also, the shares of flagship agency Adani Enterprises Ltd (AEL) gained 0.21 per cent to settle at Rs 1,842.60 apiece on the bourse.

However, shares of Adani Total Gas plunged 3.31 per cent to shut at Rs 888.45, NDTV declined 2.31 per cent to finish at Rs 209.10, Adani Power dived 1.68 per cent to shut at Rs 198.75 and Adani Wilmar fell 1.35 per cent to settle at Rs 420.95 every share on the BSE.

The 30-share BSE Sensex gained 78.94 factors or 0.14 per cent increased to settle at 57,634.84 factors. The broader NSE Nifty rose 13.45 factors or 0.08 per cent to finish at 16,985.60.

On Wednesday, shares of eight listed Adani group corporations settled with features, with flagship firm Adani Enterprises snapping four-day dropping run by rallying greater than 5 per cent.

After taking a beating on the bourses, following the report by US-based brief vendor Hindenburg Research, the group shares had recovered. However, amid sluggish broader market traits, the group’s shares have declined in the previous few buying and selling classes.

The report had made a litany of allegations, together with fraudulent transactions and share-price manipulation, towards it.

The group has dismissed the fees as lies, saying it complies with all legal guidelines and disclosure necessities.

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(This story has not been edited by News18 workers and is revealed from a syndicated information company feed)



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