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Adani Stock Closing Today : All shares fell upside down, continuous lower circuit on Adani Transmission and Adani Total Gas

Adani Share Price Today: Shares of Adani Group are going in loss for 2 consecutive weeks. The same trend seems to be dominating this week as the opening day itself has been poor…

Adani Share Price: Adani Group Stocks continued to decline for the last two weeks. On the first day of the week, almost all the shares of the group remained in loss in Monday’s trading. Some shares of the group even hit the lower circuit.

These 2 shares of Adani drowned

After the end of trading on the first day of the week, only 1 out of 10 shares of Adani Group saw a marginal rise. Today 9 shares of the group faced losses. Earlier on Friday also, 9 out of 10 shares of the group had suffered losses. During today’s trading, 2 shares of the group, Adani Transmission and Adani Total Gas, hit the lower circuit. This is the second consecutive day when the lower circuit has been imposed on both these stocks.

These stocks also suffered loss

In Friday’s trading, only 1 share of Adani Group, ACC Cement, remained profitable, whose price rose marginally by around 0.15 per cent. On the other hand, the price of Adani Green rose by 3 per cent and Flagship share Adani Enterprises declined by 2.50 per cent. Adani Power also lost more than 2 per cent. Apart from these, Adani Ports, NDTV, Adani Wilmar and Ambuja Cement also closed with losses of up to 1 per cent.

Performance of all stocks:

company’s name Today’s closing price (on BSE, in Rs) Change (in %)
ndtv 178.75 -0.91
Adani Enterprises 1915.75 -2.50
Adani Green 868.60 -3.05
Adani Ports 694.10 -0.83
Adani Power 235.80 -2.20
Adani Transmission 840.75 -5.00
Adani Wilmar 386.75 -1.44
Adani Total Gas 777.45 -5.00
acc 1800.05 0.15
Ambuja Cement 405.95 -0.99

 

Decline due to

For the last two days, the effect of the Supreme Court’s hearing is visible on Adani’s shares. Market regulator SEBI has sought six months time to investigate Hindenburg’s allegations against Adani. A hearing was held on this demand on Friday, in which the Supreme Court indicated to refuse to give so much time. After that a hearing was held on Monday, but due to time no decision could be taken.

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