Subscribe To Print Edition About The Tribune Code Of Ethics Download App Advertise with us Classifieds
search-icon-img
  • ftr-facebook
  • ftr-instagram
  • ftr-instagram
search-icon-img
Advertisement

Adani stocks make comeback after SC panel gives clean chit

New Delhi, May 22 Shares of all the 10 listed Adani Group firms continued their rally on Monday, with Adani Enterprises climbing nearly 19%, after a Supreme Court-appointed panel found no evidence of stock price manipulation in Adani Group companies,...
  • fb
  • twitter
  • whatsapp
  • whatsapp
Advertisement

New Delhi, May 22

Shares of all the 10 listed Adani Group firms continued their rally on Monday, with Adani Enterprises climbing nearly 19%, after a Supreme Court-appointed panel found no evidence of stock price manipulation in Adani Group companies, while a separate SEBI probe into alleged violation of money flows from offshore entities has “drawn a blank”.

The stock of Adani Enterprises zoomed 18.92%, the most among the group firms on the BSE.

Advertisement

Shares of Adani Wilmar jumped 10%, Adani Ports rallied 6.05%, Ambuja Cements gained 5.01%, Adani Power climbed 5%, Adani Transmission (5%), Adani Green Energy (5%) and Adani Total Gas (5%). NDTV advanced 4.98% and ACC climbed 4.93%.

The combined market valuation of the 10 listed Adani Group firms reached Rs 10,16,212.15 crore on Monday. Shares of all the 10 listed Adani Group firms ended on a positive note on Friday as well.

Advertisement

In two days, the combined market valuation of all the group firms jumped by Rs 1,14,641.79 crore.

In the equity market, the Sensex climbed 234 points to settle at 61,963.68.

Advertisement
Advertisement
Advertisement
Advertisement
tlbr_img1 Home tlbr_img2 Opinion tlbr_img3 Classifieds tlbr_img4 Videos tlbr_img5 E-Paper