Adani Share Price: The Indian stock market saw a decline for the fifth consecutive day on Wednesday. Although the shares of Adani Group rose today. Most of the group’s stocks (Adani Group Stocks) remained profitable after the end of the business. The stock of Adani Enterprises, the flagship company of the group, also returned to the green zone today.
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Adani Enterprises, the flagship company of Adani Group, managed to recover from the continuous decline. Today it gained about 6 percent. Adani Green (Adani Green) today for the 11th session in a row, upper circuit was installed. Apart from these, about 4 percent in Adani Ports, 3.27 percent in Adani Transmission, 3.12 percent in Adani Wilmar, 0.11 percent in ACC, 3.28 percent in Ambuja Cement. And NDTV gained 0.85 percent.
The rise of these two stocks stopped
Shares of only 2 out of 10 listed companies of the group saw a decline today. Two stocks of Adani, Adani Power and Adani Total Gas saw a decline. There was a tremendous rally in both these stocks during the recent few sessions. Both the stocks were in the upper circuit for 9 consecutive days.
This was the condition of Adani Group:
| company’s name | Today’s closing price (on BSE, in Rs) | Change (in %) |
| ndtv | 212.15 | 0.85 |
| Adani Enterprises | 1838.80 | 5.81 |
| Adani Green | 740.95 | 4.94 |
| Adani Ports | 679.10 | 3.81 |
| Adani Power | 202.15 | -1.27 |
| Adani Transmission | 931.00 | 3.27 |
| Adani Wilmar | 426.70 | 3.12 |
| Adani Total Gas | 918.85 | -3.05 |
| acc | 1740.40 | 0.11 |
| Ambuja Cement | 364.95 | 3.28 |
Markets in so much loss
In today’s trade, both the major indices BSE Sensex and NSE Nifty were in losses. The Sensex fell by around 350 points, while the Nifty closed with a loss of around 0.60 per cent. Today the domestic market has declined for the fifth consecutive day. Sensex and Nifty are closing in losses in every session since Thursday last week. Right now the effect of US Bank Crisis is being seen on the domestic market.
The shares of Adani Group are continuously beating the market movements. After the Hindenburg report came out at the end of January this year, even though there was a huge fall in the shares of Adani Group for about a month, but even before that these shares had given surprising returns to their investors. Since the last week of February, the group’s shares have again returned to a boom.
read this also: Reduced merger and acquisition deals, this much decline in February
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