Adani Share Price: After months, a week has proved to be so great for Adani Group Stocks. However, on Thursday, the fourth day of the week, the pressure of profit-booking is visible on the shares of the group for the second consecutive day in the early trade. As soon as the market opened, one stock hit the upper circuit, but the condition of the rest of the stocks is not looking good.
rough start
6 out of 10 stocks of Adani Group started trading with gains. Although some shares of the group are trading very volatile since the beginning today. Flagship shares Adani Enterprises (Adani Enterprises) and Adani Ports (Adani Ports) were seen moving from green zone to red zone several times within a few minutes of business. In today’s business, NDTV alone made a good start with Upper Circuit.
There is a boom in these stocks
Adani Group’s media stock NDTV was put on upper circuit earlier on Wednesday as well. Even today this stock opened with a gain of 5%. Apart from this, Adani Power and Adani Total Gas are showing a slight rise in today’s early trade. The prices of both have gone up by about 1-1 per cent.
loss after good start
On the other hand, most of the shares of the group are in loss. The stock of Adani Enterprises is at a loss of more than 0.50 per cent, while it started the business with a gain of about 1 per cent. There is heavy pressure of profit booking on this stock since Wednesday. Adani Wilmar is showing a decline of more than 2 percent in the initial trade itself.
The prices of these shares also fell
The condition of the rest of the group’s shares is also not good. Adani Green is at a loss of about 1.50 per cent. Shares of Adani Transmission, ACC Cement and Ambuja Cement are at a loss of around 0.50 per cent. Adani Ports started the business with a boom, but has gone into the red zone in a few minutes.
Status at 09:35 am:
| company/stock | Quote (in Rs)/Change in opening trade |
| Adani Enterprises | 2461.85 (-0.61%) |
| Adani Green | 969.65 (-1.49%) |
| Adani Ports | 717.15 (-0.11%) |
| Adani Power | 259.05 (1.13%) |
| Adani Transmission | 905.65 (-0.47%) |
| Adani Wilmar | 453.75 (-2.29%) |
| Adani Total Gas | 802.80 (0.95%) |
| acc | 1767.70 (-0.70%) |
| Ambuja Cement | 419.75 (-0.54%) |
| ndtv | 215.00 (4.62%) |
bumper start of the week
Shares of Adani Group started the week on a positive note. During the first two days of the week, all the shares of Adani Group had made a tremendous jump. Flagship stock Adani Enterprises registered a growth of more than 45 per cent in just 3 days. However, after a spectacular rally of 2 days, on Wednesday, investors booked huge profits in Adani’s shares, due to which a decline in the prices of most of the shares was recorded.
domestic market in loss
Looking at the domestic market, today’s business is showing a bad start. Both BSE Sensex and NSE Nifty opened under pressure. On Wednesday, the rally of the domestic market had come to an end for three consecutive days.
read this also: Heavy profit booking in Adani Enterprises, these 3 stocks hit upper circuit even today
