September 20, 2024

adani green share price, this is called luck! Adani shares boom, investors’ money doubles in 15 days – setback for traders government hikes securities transaction on sale of options and futures


Mumbai: India’s legendary industrialist Gautam Adani got a big shock at the beginning of 2023. On January 24, the Hindenburg report came out and started a fall in stocks, which continued for almost the next month. However, Adani Group’s shares have now regained momentum, reversing the bearish session. Adani Group’s shares are also being washed away by the boom in the domestic stock market. The shares of Adani Group have made a tremendous comeback and investors are also looking bullish on the stocks, but one share of the group is having a continuous upper circuit for the last several days and money is raining on the investors. In the last 15 days, the investors’ money has doubled in the share. So yesterday i.e. Thursday, the stock was trading in the upper circuit since the morning of the country. No one is ready to sell the stock when the stock buying investors are also struggling. In such a situation, investors hope that there will be more fluctuations in the share in the future. Interestingly, after the Hindenburg report, shares of several Adani group companies had a lower circuit on a daily basis while several shares hit all-time lows. However, now once again Adani’s shares are once again booming.

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Maldar share of Adani Group
Meanwhile, the stock that has made investors rich in the last 15 days is that of Adani Group’s Adani Green Energy Limited. This stock has performed tremendously and filled the pockets of investors. On February 28, 2023, the share price of Adani Green Energy Limited fell to Rs 439.35. While the stock closed at Rs 891.05 on March 21, 2023, today the stock is trading at Rs 1,031.45 with a gain of five percent. In such a situation, the share of this energy company is continuously increasing. In such a scenario, if an investor had invested Rs 1 lakh on 28 February 2023, he would have got a return of Rs 2 lakh today.

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More than 20% bounce in five days
Talking about the performance of this stock over the past few days, the stock of Adani Green Energy Limited has rallied more than 20 percent in the last five days. While the stock has increased up to 91.83% in the last one month. Meanwhile, since this morning, this stock is having an upper circuit and investors are desperate to buy shares. Besides, Gautam Adani’s companies are also seen recovering from the Hindenburg storm.



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