Adani Group shares surge after block deal announcement

Seven stocks of Adani Group gained ground today, some of which touched the upper circuit. Today is the second day that the group’s shares have been rising since Hindenburg released its report on January 25 alleging fraud by the group.

On Thursday, the Adani family through their trust sold Its share is Rs 15,446 crore Four group companies based in the US Investment The firm GQG Partners, founded by investment manager Rajeev Jain.

The fresh stream of money sent shares higher. At 11 am, Adani Enterprises was up 1,787 – 180.30 or 11.22%; Business done at Adani Ports 667.80 – up 44.60, or 7.16%. Something touched in Upper Circuit- Adani Power 169.45 – up 8.05, or 4.99%; at Adani Transmission 743.75 – up 35.40, or 5%; on Adani Green Energy 562 – Up 26.75, or 5%; on adani total gas 781.85 – up 37.20, or 5%; Adani Wilmar ET 418.30, up 19.90, or 4.99%.


Know your inner investor
Do you have guts of steel or are you a victim of insomnia regarding your investments? Let’s define your investment approach.

test

catch all business News, market news, today’s fresh news events and Breaking News Update on Live Mint. download mint news app To get daily market updates.

More
Less