Home Corporate “Adani Group stocks surge, crossing major milestones and solidifying market position”

“Adani Group stocks surge, crossing major milestones and solidifying market position”

“Adani Group stocks surge, crossing major milestones and solidifying market position”

New Delhi, March 03 (HS): Shares of all Adani Group companies registered a rise in early trade on Friday. Earlier, the group had sold a part stake in four of its listed companies to US-based GQG Partners for 15,446 crores.

During this rally, shares of Adani Enterprises rose by 11 percent to 1,784.95 per share on the BSE. Shares of Adani Ports rose by 7.96 percent, Adani Transmission, Adani Green Energy, and Adani Total Gas by five percent each. Adani Power shares have gained 4.99 percent. Adani Wilmar gained 4.99 percent, NDTV gained 4.98 percent, Ambuja Cements gained 4.38 percent and ACC gained 3.69 percent. Most of the group companies touched their higher levels in morning trade.

The BSE Sensex rose 673.13 points or 1.14 percent to reach 59,582.48. Adani Group has sold shares of Adani Enterprises Limited, Adani Ports and Special Economic Zone Limited, Adani Transmission Limited, and Adani Green Energy Limited to the US company. Earlier on Thursday, shares of all 10 listed companies of Adani Group closed with gains at the end of trading.

Hindusthan Samachar/ Mukund/Indrani Sarkar

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