Adani Group Shares: Adani Group's shares recover after the continuous decline, stock of every company shows a boom

Posted on 29th Mar 2023 05:39 pm by rohit kumar

Adani Group Shares: After seeing a fall in the shares of its 10 companies for the second consecutive day, the shares of Adani Group saw a rise on Wednesday. All the ten scrips of the group were trading in the positive zone. Let us tell you that the shares of all ten listed firms of Adani Group closed down on Monday and Tuesday, out of which Adani Enterprises saw a decline of up to 7 per cent on the previous day.

 

Adani Group shares gain

Adani Enterprises gained 5.46 per cent, Adani Power 4.98 per cent, Adani Ports 4.70 per cent, Adani Wilmar 4.22 per cent and Adani Green Energy 4.15 per cent on the BSE on Wednesday. Besides this, the stock of NDTV gained 3.73 per cent, Adani Transmission 2 per cent, Adani Total Gas 2 per cent, Ambuja Cements 1.94 per cent and ACC 1.92 per cent.

 

Shares fell because of this

Shares of the group declined on reports of non-matching of loan payments with pledged shares. At the same time, the impact of the allegation made by US short seller Hindenburg Research on the Adani group is still being seen on the companies.

 

CFO gave information

After Adani Enterprises shares fell up to 7 per cent on Tuesday, Group CFO Jugeshinder Robbie Singh said in a Twitter post that the relevant exchange data will be updated at the end of the quarter and after that everything will be clear. Stock exchanges update data on promoter share pledging at the end of the quarter and hence are not matching the group's statement of repayment of share-backed debt of US$ 2.15 billion.

 

Also Read: HAL Share Price: Government is going to sell a stake in defense company HAL, minimum price of one share will be Rs 2450

Other news

WCL 2025 Semi Final: If India-Pak do not clash in the semi-finals, then... which team will get entry in the final? Understand easily here

The teams of India and Pakistan are once again in the headlines, as both teams are going to face

Amritsar Encounter: The accused of the grenade attack on the temple in Amritsar was killed in a police encounter; the constable injured

The prime accused in the recent grenade attack on a temple in Amritsar was killed in a police enc

How did Atishi reach the CM's chair? Why did AAP's Saurabh Bhardwaj lag in the race? The reason came to light.

Despite becoming minister in the AAP government at the same time, Saurabh Bhardwaj lagged behind

Sunny Deol on Gadar 2: Sunny Deol proud of the success of 'Gadar 2', gave credit to daughter-in-law Drisha Acharya for this

Sunny Deol's film 'Gadar 2' has created panic at the box office. He has thanked people from the b

'Covid-19 victims should avoid working too much', Mansukh Mandaviya made a special request amid increasing cases of heart attack.

Heart attack cases are continuously increasing in the country. In such a situation, Union Health

Delhi Drug Case: Congress connection of the mastermind of 5600 crore cocaine case, big revelations made during police interrogation

In a major development in the International Drug Syndicate on Wednesday, the Delhi Police said th

IND vs WI: KL Rahul celebrates in a new style, dedicates Test century to a special person

KL Rahul ended a 3,211-day wait for a Test century on home soil. After scoring a century on the s

US Tariffs: 'Nothing was gained from Trump's friendship...', opposition targeted the Modi government over US tariffs

Opposition parties on Wednesday attacked the central government after US President Donald Trump i

Rocky Rani Ki Prem Kahani Day 1 Collection: 'Rocky and Rani's love story' won hearts, opened in double digits on the very first day

Rocky Aur Rani Kii Prem Kahaani Day 1 Collection: Karan Johar's directorial comeback film 'Rocky

Shivaji Statue Collapse: A panel formed to investigate the collapse of Shivaji's statue and make a new statue; CM Shinde's announcement

The Maharashtra government has constituted a technical committee to investigate the reasons behin