September 21, 2024

Adani Total Gas Share Price, bloodbath in Adani’s share! It became cheaper by 3 thousand rupees, investors are worried; what will you do – adani total gas share price adanis stock became cheaper by rs 3000 investors are worried


Mumbai : Investors in the Indian stock market are currently wary of investing in Adani Group shares. The stock of the Adani Group company has been the worst hit since the report by American research firm Hindenburg, which has left investors reeling with a continuous decline. The stock of Adani Total Gas, part of the Adani group, has tumbled 84 percent in the last five months. But the company’s stock closed with strong gains in the last trading session on Wednesday but investors are still losing money here.

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Adani Total Gas shares tumbled
At the start of the year, Adani Total Gas stock was trading at around Rs 4,000. But American short-seller Hindenburg Research published a report on January 24 and all of the group’s shares, including Adani Total Gas, started falling. Of these, Adani Total Gas suffered the biggest loss. In the last one year, the stock of the company has fallen by 75 percent.

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On January 23, 2023, Adani Total Gas shares hit a high of Rs 3998.35, while the stock hit a 52-week low of Rs 620.15. Interestingly, this Adani share has fallen by more than 12% in the last one month.

Don’t invest without knowledge
It is not advisable to invest in stock market without any information. In such a situation consult your financial advisor once before buying and selling any share. Failure to do so may result in financial losses. In many stocks in the stock market, investors have made bumper profits and there are many stocks in which investors have suffered huge losses.

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Current status of Adani shares
Shares of industrialist Gautam Adani-led Adani Group traded higher on Wednesday, June 28. The stocks of 8 out of 10 companies in the group closed in the green. Three of these stocks jumped stronger than 5%. The biggest gains were seen in shares of Adani Transmission, which rose 5.93% to close at Rs 819.50 on the BSE. On the other hand, shares of Adani Group flagship Adani Enterprises jumped 5.34% to close at Rs 2,403.65.

(Note: Consult a financial advisor before investing in the stock market)



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