September 21, 2024

adani enterprises share price, first gave huge profit, now loss; Adani shares become a big headache for investors – share market update adani group stocks adani wilmar adani green to adani enterprises


Mumbai: There is currently an atmosphere of uncertainty in the domestic stock market. Last week the market hit historic highs while in the last five days the market has recorded a decline. While both Sensex and Nifty have been expressing most of the Adani Group shares in the red for the past one month. In the last one month, 6 out of 7 listed companies of Adani Group have made huge losses to their investors. Adani Wilmer, Adani Power, Adani Gas, Adani Transmission, Adani Ports and Adani Green fell as much as 17 percent. So only Adani Enterprises is seen in green mark with very marginal profit.

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Adani Power became a headache
Adani Wilmar, which has returned more than 143 percent so far this year, has taken a turn for the worse over the past month. The stock has fallen 5.26 percent in the last one month. On Wednesday, it closed at Rs 652.50. At the same time, Adani Power, which has lavished its investors this year, has been cutting their pockets for the past one month. While the energy stock has fallen more than 11 percent, it has returned more than 220 percent to investors over the past year. The company’s share closed at Rs 324.50 on Wednesday.

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Adani Transmission has the highest decline
The performance of Adani Total Gas has also been weak in the last one month. The company’s share fell by 2.11 percent to Rs 3,715. But the multibagger has returned 113 percent so far this year. At the same time, Adani Transmission was the biggest loser, with the stock down around 17 percent to Rs 2,745.50 in the past one month. It has also given more than 58 percent returns so far this year.

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Adani Green also fell
In the past one month, Adani Port has fallen by just 0.29 percent to Rs 888.20. However, the stock has returned nearly 21 percent over the past year. Adani Green also lost over 8 percent during this period and closed at Rs 2,034.95 on Wednesday. 51 percent return has been given so far this year. Sensex and Nifty have bounced more than 2 percent in the last one month.



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