Most of the Adani Group stocks opened in a negative note on Wednesday’s trading session, except Adani Enterprises and Adani Wilmar. 

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Shares of Adani Enterprises are in focus today on October 4 after Abu Dhabi-based IHC increased its stake by 5% in the Adani Group’s flagship company. Adani Enterprises share price opened at Rs 2,401 per piece on October 4, against previous close at Rs 2,387. The stock touched Rs 2,411 apiece in intraday session at 9:55 am IST, on Wednesday.

This move by IHC came after a week the Abu Dhabi-based company exited Adani Green and Adani Transmission by selling its entire holding. “This strategic increase reflects IHC’s conviction in the world leading incubation model of AEL and we believe that the inherent strength of airports, data centres, green hydrogen, and various other verticals being incubated under AEL,” IHC said in a statement.

Surprisingly, Adani Wilmar share price are trading 3.42% higher at Rs 344.80 per share. The stock opened at Rs 333.40 apiece in early morning trading session on Wednesday.

Adani Green Energy shares opened at Rs 976.85 per share against Rs 973.95 on Tuesday, October 3. The stock fell to intraday low at Rs 966.35 at 9:35 am IST.

Meanwhile, Adani Power shares opened at Rs 366.95 per share on October 4 against previous close at Rs 366.70. The stock fell to Rs 364 per share at 9:35 am IST on Wednesday. The shares were in focus last week after media reports revealed that its largest investor Opal Investment Private Ltd is a ‘single person company’ that was established in UAE in 2019.

Adani Ports & SEZ shares opened at Rs 830.05 per share against previous close at Rs 831.40 per piece. The stock is trading 0.74% lower at Rs 825.55 per piece at 10:17 am IST. 

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Adani Total Gas opened in a lower note at Rs 610.55 per piece on Wednesday’s trading session against previous close at Rs 610.75. However, the stock fell to intraday low at Rs 609.20 per share.