Adani Group stocks drop in a dull market; Adani Ent, ATG slip up to 5%

Despite an overall weak market, shares of Adani Wilmar was up 2 per cent at Rs 785.90, as they bounced back 7 per cent from its intra-day low of Rs 735 per share on the BSE.

Shares of Adani Group companies traded lower by up to 6 per cent in Wednesday's intra-day trade, as investors flocked to book profits in a weak market. However, later, the stocks recovered mildly from their respective intra-day lows.

The recently acquired cement companies - Ambuja Cements and ACC were down by 6 per cent. Besides, shares of Adani Enterprises, Adani Ports, Adani Transmission, Adani Green Energy, Adani Total Gas and Adani Power were down in the range of 2 per cent to 5 per cent. In comparison, the S&P BSE Sensex was down 0.41 per cent at 59,476 points.