On October 5, most of the Adani Group stocks were trading in red, except Adani Ports and Special Economic Zone, Adani Green Energy, Adani Total Gas and NDTV. Meanwhile, Adani Enterprises, Adani Wilmar, and Adani Power are trading in red in Thursday's session.
Adani Group’s flagship company Adani Enterprises opened at Rs 2,478 per share on Thursday against previous close at Rs 2,464 on NSE. Adani Enterprises stock was in focus yesterday Abu Dhabi-based IHC increased its stake by 5% in the Adani Group’s flagship company.
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.
Adani Ports & SEZ shares opened at Rs 829 per share against previous close at Rs 824.60 per piece. The stock is trading 0.59% higher at Rs 825.90 per piece at 10:35 am IST.
Adani Total Gas opened in a higher note at Rs 615.60 per piece on Thursday’s trading session against previous close at Rs 610.70. At 9:25 am IST, the stock rose to intraday high at Rs 615.70 per piece.
Meanwhile, Adani Power shares opened at Rs 373.25 per share on October 5 against previous close at Rs 372.05. The stock fell to Rs 370.60 per share at 10:38 am IST on Thursday.
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Adani Green Energy shares opened at Rs 978.90 per share against Rs 971.90 on Thursday, October 5. The stock fell to intraday low at Rs 978.95 at 9:25 am IST.
Adani Wilmar share price is trading 0.18% lower at Rs 351.80 per share. The stock opened at Rs 356.30 apiece in early morning trading session on Thursday, against previous close at Rs 352.80.