Shares of Adani Group companies are back into limelight and trading higher by up to 10% on back of heavy volumes.
All three listed entities – Adani Enterprises, Adani Ports and Special Economic Zone (SEZ) and Adani Power are up 4-10% on the National Stock Exchange (NSE).
Adani Ports and SEZ has rallied 10% to Rs 270, also its new high on the NSE. The stock opened at Rs 245 and has seen over four-fold jump in trading volumes. A combined 14.56 million shares as against an average around 3 million shares that were traded daily in past two weeks on NSE and BSE.
Adani Enterprises has surged nearly 6% to Rs 484 and Adani Power by 4% at Rs 65.95 on NSE.
In past one month, except Adani Ports and SEZ (up 8%), both the other stocks – Adani Enterprises (down 5%) and Adani Power (up 3%) have underperformed the market, which had gained 3.4% till yesterday.
All three listed entities – Adani Enterprises, Adani Ports and Special Economic Zone (SEZ) and Adani Power are up 4-10% on the National Stock Exchange (NSE).
Adani Ports and SEZ has rallied 10% to Rs 270, also its new high on the NSE. The stock opened at Rs 245 and has seen over four-fold jump in trading volumes. A combined 14.56 million shares as against an average around 3 million shares that were traded daily in past two weeks on NSE and BSE.
Adani Enterprises has surged nearly 6% to Rs 484 and Adani Power by 4% at Rs 65.95 on NSE.
In past one month, except Adani Ports and SEZ (up 8%), both the other stocks – Adani Enterprises (down 5%) and Adani Power (up 3%) have underperformed the market, which had gained 3.4% till yesterday.