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

ODI WC 2023: Three semi-final teams confirmed, three contenders for one place; Chances of India-Pakistan match are being made

With Australia's victory over Afghanistan, three ODI World Cup teams have made it to the semi-fin

Modi 3.0 government focuses on farmers and infrastructure, read how the track record of 100 days was

Modi 3.0 government's 100 days are being completed on 17 September on Prime Minister Narendra Mod

Lok Sabha Election 2024: 'There is a master of inversion' when Congress taunted Nitish Kumar through gestures

Lok Sabha Election 2024. Bharat Jodo Nyay Yatra led by Rahul Gandhi has reached Madhya Pradesh. C

Sophia Qureshi: When she showed bravery during a 72-hour operation in Africa, even the company commander became a fan of Colonel Sophia

After the Indian Army's Operation Sindoor on Pakistani terrorist camps, India's female military o

IND vs SA: Arshdeep's magic was seen in the last ODI of the year for India, joined Lee's club, and lagged in profit

India defeated South Africa in the third ODI and won the series 2-1. This was India's second bila

RCB vs KKR: Andre Russell did a big feat in IPL, and entered the special club; Hardik Pandya not even around

KKR once again maintained its dominance on Chinnaswamy's ground. In the 10th match of IPL 2024, K

Diwali Bonus: Good news for central employees before Diwali, the government announced bonuses, these are the conditions

The PM Narendra Modi-led central government has approved bonuses ahead of Diwali for Group C and

CSK vs KKR: 'If you want to be a champion then...', said KKR vice-captain Venkatesh Iyer before the match against Chennai

Kolkata Knight Riders will face Chennai Super Kings at Chepauk on Friday in IPL 2025. Ahead of th

Sushmita Sen: Sushmita seen with Roman at a Diwali party, breakup, or relationship! Fans got confused on social media

Sushmita Sen reached the party with Roman. Stars are often in the news for their love affairs. If

India-Pak Tension: Security of cantonment and airport increased in Lucknow, the intelligence system activated, and holidays may be cancelled

Due to the tense atmosphere between India and Pakistan, the cantonment, railway, and airport admi