Adani Share Price: Today Wednesday also proved to be a bad day for the shares of Adani Group. Most of the group’s stocks started well but lost all early gains in the day’s trade. After the end of trading, most of the shares of Adani Group remained in loss.
full picture changed
At the beginning of trading on the third day of the week, 7 out of 10 shares of Adani Group were up, while only 3 shares were in slight loss. At the same time, after the end of the trading, 7 shares of the group remained in loss and only 3 made marginal gains. In 4 stocks of the group, a decline of more than 1-1 per cent was recorded.
they did more damage
Flagship shares Adani Enterprises and Adani Power suffered the most losses after the end of trading. The prices of both of these broke up to 1.35 per cent. Adani Green also remained in loss of more than 1 percent. A decline of up to 0.80 per cent was recorded in the prices of Adani Ports and Adani Total Gas.
trend of rest of the stocks
Apart from these, Adani Transmission and Adani Wilmar also remained in losses today. On the other hand, a slight rise was registered in the prices of Ambuja Cement, ACC and NDTV.
Performance of all stocks:
company’s name | Today’s closing price (on BSE, in Rs) | Change (in %) |
Adani Enterprises | 2390.00 | -1.31 |
Adani Green | 954.55 | -1.09 |
Adani Ports | 724.10 | -0.83 |
Adani Power | 240.80 | -1.35 |
Adani Transmission | 752.70 | -0.13 |
Adani Wilmar | 406.95 | -0.20 |
Adani Total Gas | 635.85 | -0.07 |
Ambuja Cement | 401.35 | -0.80 |
acc | 1788.95 | 0.32 |
ndtv | 224.85 | 0.40 |
Pressure has been building for one and a half months
The shares of Adani Group are going in loss for about one and a half months. During this, except for two-four days, they had to bear losses. This week seemed somewhat fine, but still the hopes of recovery are looking weak. Last week, 3 shares of the group were ex-dividend, even after that no significant buying could be done.
Domestic market also declined
Talking about the domestic market, there was profit booking pressure in both the BSE Sensex and NSE Nifty major indices today. These days the domestic markets are near the high level, in such a situation, investors are finding the right opportunity to recover this profit. Due to this, today both the major domestic indices closed in the red mark.
read this also: Future bright like India, know ABCD of favorite hybrid mutual fund of small investors