Adani Wilmar, Adani Power: Is it time to book profit in Adani Group stocks?

Adani Wilmar, Adani Power, and Adani Total Gas are expected to see up to 18 per cent upside in the coming sessions

Adani Group stocks continue to be bulls' darling on Dalal Street despite clocking massive gains during the previous year. Shares of Adani Wilmar have spiked 165 per cent so far in calendar year 2022, while those of Adani Power have soared 144 per cent, Adani Green Energy 67 per cent, and Adani Total Gas and Adani Enterprises 48 per cent and 28 per cent, respectively. In comparison, the BSE Sensex and Nifty 50 have rallied nearly 3.40 per cent each on a YTD basis.

On Wednesday, Adani Enterprises and Adani Green Energy hit their respective life-time highs after these