Last updated time: 16 March 2023, 19:22 IST
Adani Green Energy’s market value increased by Rs 5,860.92 crore to Rs 1.23 crore, while Adani Transmission gained Rs 5,025.29 crore to Rs 1.08 crore. (File photo: Reuters)
Shares of Adani Green Energy rose 5 percent to close at Rs 777.95, while Adani Transmission gained 4.84 percent to close at Rs 976.05 on the BSE.
Shares of six Adani group companies out of ten listed companies ended in the green on Thursday amid a positive trend in the broader capital markets. At the end of the session, six group companies were located in green, while four closed in red.
Shares of Adani Green Energy rose 5 percent to close at Rs 777.95, while Adani Transmission gained 4.84 percent to close at Rs 976.05 on the BSE. The scrips of these companies hit high price ranges in the stock market.
Adani Green Energy’s market value increased by Rs 5,860.92 crore to Rs 1.23 crore, while Adani Transmission gained Rs 5,025.29 crore to Rs 1.08 crore. Ambuja Cements rose 3.74 percent to close at Rs 378.60, ACC gained 0.73 percent to settle at Rs 1,753.15, while Adani Ports and Special Economic Zone (APSEZ) ended at Rs 679.15 per share.
Also, shares of flagship firm Adani Enterprises Ltd (AEL) rose 0.21 percent to Rs 1,842.60 apiece.
However, shares of Adani Total Gas fell 3.31 percent to close at Rs 888.45, NDTV fell 2.31 percent to end at Rs 209.10, Adani Power fell 1.68 percent to close at Rs 198.75 and Adani Wilmar was down 1.35 percent. fell to Rs. 420.95 per share on BSE.
The 30-share BSE Sensex was up 78.94 points, or 0.14 percent, at 57,634.84. The broader NSE Nifty ended up 13.45 points, or 0.08 percent, at 16,985.60.
Shares of eight listed Adani group firms settled higher on Wednesday, with flagship company Adani Enterprises snapping a four-day losing streak with a rally of more than 5 percent.
After battering the stock market, the group’s shares recovered following a report by US-based short seller Hindenburg Research. However, the group’s shares have fallen in the last few trading sessions amid sluggish trends in the broader market.
The report made numerous allegations against him, including fraudulent transactions and stock price manipulation.
The group has denied the allegations as false, saying it complies with all laws and disclosure requirements.
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(This story was not edited by News18 staff and was published by a syndicated news outlet)