Adani Share Price: The rally going on for the last 07 days in the companies of Adani Group got a bit sluggish on Thursday. Some shares of the group (Adani Group Stocks) have been affected by Future & Options Trade and their prices have declined. Although Adani Group’s stocks which are not in the purview of F&O, the rally continued even today. Out of these 04 stocks have been put on upper circuit even today.
Upper circuit on these 04 shares
In today’s trade, both the major indices BSE Sensex and NSE Nifty remained in the red. The Sensex fell by around 500 points, while the Nifty closed with a loss of around 150 points. At the same time, 6 out of 10 shares of Adani Group remained bullish. However, all the 10 stocks started trading with gains today. After the end of the day’s trading, shares of 04 Adani Group companies Adani Green, Adani Power, Adani Transmission and Adani Total Gas hit upper circuit. All these 04 stocks are facing upper circuit continuously for the last several days.
These 04 stocks were in loss
Adani Green, Adani Power, Adani Transmission and Adani Total Gas managed to gain 5-5 per cent each. Looking at other companies of the group, the flagship stock Adani Enterprises declined by 2.72 per cent and NDTV by 1.49 per cent, while Adani Wilmar was up by 1.49 per cent. Adani Ports declined by 2.29 per cent, ACC by 1.46 per cent and Ambuja Cement by 1.99 per cent after the end of trading. Today, only those stocks which are in the scope of F&O declined. Are. Under F&O, only four stocks of Adani Group are traded Adani Enterprises, Adani Ports, ACC and Ambuja Cements.
Today’s performance was like this:
|company’s name||Today’s closing price (on BSE, in Rs)||Change (in %)|
|Adani Total Gas||904.95||4.99|
Now this is the net worth of Gautam Adani
After the Hindenburg report came out in January, the shares of Adani Group had seen a huge decline of up to 80 percent in a month. Due to this, Gautam Adani, who was once the third richest person in the world, slipped out of the top-30 in the list of the world’s richest people. However, now Gautam Adani has reached the 22nd position in the Bloomberg Billionaires list with a net worth of $54 billion.
These factors are raising prices
Last week, NRRE investor Rajeev Jain’s company GQG Partners invested Rs 15,446 crore in Adani Group shares. These investments were made in Adani Enterprises, Adani Ports and Special Economic Zone, Adani Green Energy and Adani Transmission. Adani group has repaid the loan of Rs 7,374 crore ahead of time. At the same time, Jain has said during a conversation with investors in Australia that his company is currently considering investing more in Adani’s shares. Adani’s shares are benefiting from all these things.