Adani Group News: According to the information given to the stock exchanges, now one more stock of Adani Group will be transferred to the first stage of monitoring structure.
Adani Group Stock Under ASM Framework: It has been informed by the stock exchanges that another stock of Adani will be placed in the long term framework stage. This stock will be transferred to the first stage from the second stage of additional monitoring framework. This stock will be transferred from April 10 by NSE and BSE.
This stock of Adani Group was transferred to the second stage of long term ASM framework on 28 March. Exchanges said that Adani Green Energy is being put in the first stage as it is now eligible for stage one of the long term ASM framework.
Scale for asm framework
According to two circulars, Adani Green Energy will be kept under observation for now, but giving some relief, it will be sent to the lower stage from April 10. High-low spread, consumer active, number of price band hits, close to close price variation and price earning ratio are the factors for shortlisting stocks under the ASM framework.
Adani’s all shares rise
Talking about all the 10 listed stocks of Adani Group, Adani Transmission, Adani Green Energy, Adani Total Gas and NTTV saw an increase of 5 per cent on Thursday. At the same time, there was an increase in the rest of the stocks as well. At the same time, many firms of the group installed upper circuit.
Adani Group stocks on recovery
After the Hindenburg report came, the Adani group had to bear a huge loss. At the same time, during the last few trading sessions, the stock of Adani Group is trading on a continuous increase. Many of its shares are moving towards recovery. The Hindenburg report accused the Adani firm of fraud, which was denied by the Adani Group.
