November 14, 2024

adani shares bounce back, Adani Share Price: Adani shares U-turn, bounce back after fall; Read what happened in the market today – big boost for gautam adani as group stocks witness recovery all 10 stocks jump 5 hits upper circuit


Mumbai: Adani Group shares took a U-turn in today’s market session after a month-long decline. Shares of all 10 listed companies in the Gautam Adani-led Adani Group rallied on Wednesday. On Wednesday, five stocks including Adani Power, Adani Transmission, Adani Green Energy hit the upper circuit. Shares of Adani Enterprises also recorded a rise of up to 15 percent year-on-year.

All Adani Group shares opened higher on Wednesday March 1 after Hindenburg Research’s bump on January 24. Shares of Adani Enterprises, the flagship company of Adani Group, have increased by more than 10 percent while stocks are showing a boom. At around 10.30 am on Wednesday, the stock of ENT Company was trading at the level of Rs 1,506.40.

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Share of Adani Enterprises
Shares of Adani Enterprises opened at Rs 1,424 in the morning session on Wednesday. The rise in Adani Group shares has also given investors a chance to be happy after a long period. Stocks which were under selling pressure till now, are now seeing strong buying by investors.

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Adani shares showed strength
Stocks of Adani Ports along with Adani Enterprises have also seen gains in Wednesday’s session. Shares of Adani Ports are trading at Rs 607.25, up over 2 percent. In the morning, the stock opened at Rs 598. At the same time, the share of Adani Power has also increased today and this stock has reached an upper circuit. Shares of Adani Power are trading at Rs 153.60, up 5%. Significantly, Adani shares have been buying strongly since this morning after the Hindenburg report. Apart from this, shares of Adani Transmission have increased by more than 3 percent to reach the level of Rs 663.80 since morning.

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Status of other shares
Talking about Adani’s other shares, NDTV shares are also trading bullish since this morning. While NDTV’s share is currently trading at Rs 199.25, the stock opened at Rs 190.15 in the morning. Thus, the stock has increased by more than 4 percent since morning. On the other hand, shares of Adani Green Energy have also hit the upper circuit. Adani Green Energy is on the upper circuit at Rs 509.55, up 5 percent. While shares of Ambuja Cement were also seen painted in green.



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