Photo: Bloomberg
').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
Mixed Day For Adani Group Companies; AEL Falls 4,2%, Adani Wilmar Up 2.8%
The stock of Adani Power closed at Rs 196.05, Adani Transmission at Rs 860.85, Adani Green Energy at Rs 650.55 and Adani Total Gas at Rs 904.95 apiece on BSE
Topics
Adani Group | Gautam Adani
Shares of Adani Group companies ended mixed bag on Thursday even as the benchmark indices corrected about a per cent.
Flagship Adani Enterprises fell 4.2 per cent after gaining 70 per cent in the preceding six sessions. Adani Ports & SEZ, Ambuja Cements and ACC fell between 1.5 per cent and 2.2 per cent.
The stock of Adani Power closed at Rs 196.05, Adani Transmission at Rs 860.85, Adani Green Energy at Rs 650.55 and Adani Total Gas at Rs 904.95 apiece on BSE.
During the session, shares of these companies jumped 5 per cen teach to hit their upper price bands on the exchange.
In addition, the scrip of Adani Wilmar rose 2.89 per cent to end at Rs 474.50, and NDTV gained 1.40 per cent to close at Rs 245.80 per share.
Overall, the group added Rs 4,359 crore in market value.
The 10 stocks of the group have a combined market capitalisation of Rs 9.22 trillion, which is down nearly Rs 10 trillion since January 24 when the US short seller Hindenburg Research released its adverse report.
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Thu, March 09 2023. 22:41 IST
RECENT NEWS
Monzo Looks For US Banking License
Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more
Crypto Firms Push Into US Banking
America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more
Parallel Banking: Stablecoins Are Now Global
Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more
JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity
JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more
Private Equity And Banks: The Complex Web Of Leverage
Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more
Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector
The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more