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Five Adani Group cos trade in green zone on Wednesday; check here


On Wednesday's intra-day trade, five stocks of Adani Group companies rose with flagship Adani Enterprises Ltd gaining over 12%.


Shares of Adani Power Ltd, Adani Transmission Ltd and Adani Wilmar Ltd were trading nearly 5% higher.

On Wednesday's early trade, Adani Enterprises (up 10%) and Adani Ports & Special Economic Zone Ltd (up 6%) were the top gainers on the Nifty.

Analysts believe this to be a short-term bounce following Adani Ports' December quarterly earnings report.


 Hindenburg Research released on January 24 accused Adani Group of participating in manipulation of stock prices and accounting fraud.


Following Hindenburg Research allegation, the shares of Adani Group of companies since Wednesday, January 25 have fallen sharply and lost huge market cap.


Following Adani Port's results on Tuesday, February 7, it is no longer subject to the NSE's Futures & Options ban, whereas Ambuja Cements is still under the embargo.

Click here to know more about stocks of the Adani Group.

Five Adani Group cos trade in green zone on Wednesday; check here

On Wednesday's early trade, Adani Enterprises (up 10%) and Adani Ports & Special Economic Zone Ltd (up 6%) were the top gainers on the Nifty.

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Five Adani Group cos trade in green zone on Wednesday; Adani Enterprises up over 12%

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Five Adani Group cos trade in green zone on Wednesday; check here

On Wednesday's early trade, Adani Enterprises (up 10%) and Adani Ports & Special Economic Zone Ltd (up 6%) were the top gainers on the Nifty.

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