Adani Group Stocks: Shares of Adani Group have been making waves in the stock market for the last one week. Shares of 10 listed companies of the group were the top performers of the week in the market. During this period, these stocks have given profits ranging from Rs 49 to Rs 521 per share. The reason behind the surge in shares of Adani Group is the landslide victory of BJP in 3 states and the good news received from the court due to Hindenburg's allegations.
In the last one week, Adani Green has jumped by 50 percent from Rs 1041.70 to Rs 1563.45. Adani Total Gas has registered a jump of 43.79 percent during this period and it has reached Rs 875.70 from Rs 732.55.
Gautam Adani earned ₹48.35 crore every minute in the last two days
Adani transmission leap: Adani Transmission i.e. Adani Energy Solution has also jumped by about 33 percent. During this period it has reached Rs 1164.30 from Rs 875.60. Adani Power has also increased by about 30 percent. In a week it has reached Rs 433.10 to Rs 560.45. Adani Port has reached Rs 835.55 to Rs 1017.95. It has registered a jump of about 22 percent. NDTV has also increased by 30.46% to reach Rs 285.90.
Read this news before buying this Adani share, after incurring 80 percent loss, it is now flying
Adani Enterprises also strong: Adani Group's flagship company Adani Enterprises has seen a rise of more than 20 percent. It has reached Rs 2883.95 from Rs 2396.60. However, at one time during this period it had reached Rs 3154.55.
If we talk about ACC, Ambuja Cement and Adani Wilmar, then these three have also gained from 13.70 percent to 15.02 percent. Ambuja Cement has increased by 15.02 percent from Rs 435.65 to Rs 501.10. Adani Wilmar is up from Rs 347.30 to Rs 396.35 and ACC is up from Rs 1871.80 to Rs 2128.25.
Adani Group's market cap nears Rs 15 lakh crore: If we talk about Wednesday, amid the ongoing rise in the stock market, the combined market cap of Adani Group companies increased to Rs 14.54 lakh crore on Wednesday. The rise in market cap came after the announcement of a plan to invest $75 billion by 2030 towards the energy transition. Shares of a total of eight listed companies of the group closed higher, some of which rose by up to 20 percent. There was a decline in the shares of three companies.
There was a huge decline in February-March: This is the first time after the huge fall in February-March due to the Hindenburg report, when the market capitalization of the group companies has reached close to Rs 15 lakh crore. In the Hindenburg report released at the end of January, Adani Group was accused of rigging the share prices of companies and committing financial irregularities. However, the group had denied all these allegations.
(Disclaimer: Only information about share performance is given here, it is not investment advice. Investing in the stock market is subject to risks and consult your advisor before investing.)