Adani group stocks recover sharply; Adani Enterprises up 10%

Adani Power was astir 16% up, portion Adani Ports and SEZ had risen 7.2% successful the greeting commercialized connected November 27, 2024. | Photo Credit: Dado Ruvic

After getting beaten down connected Tuesday, each Adani radical stocks recovered sharply connected Wednesday (November 27, 2024), with Adani Green Energy Ltd. seeing the archetypal uptick successful stock terms since the U.S. Court indictment of the steadfast and its elder employees connected bribery and securities fraud charges came to airy connected November 21, rising 10% arsenic of 1330 hours connected the Bombay Stock Exchange.

The radical flagship Adani Enterprises was besides up 10%, aft a 4.8% diminution connected Tuesday (November 26, 204). Adani Energy Solutions Ltd was 10% higher arsenic well.

Also read: Former Attorney General Mukul Rohatgi says nary bribery charges against Gautam Adani, nephew successful U.S. indictment

Adani Wilmar had risen 7.3% truthful acold connected Wednesday (November 27, 2024), portion the group’s cement firms ACC and Ambuja Cements, were up 4.3% and 4.6%, respectively.

Adani Total Gas led the gains with a 16.5% surge, indicating investors were unfazed by the French spouse TotalEnergies SE’s determination to frost caller investments into the Adani group.

Adani Power was astir 16% up, portion Adani Ports and SEZ had risen 7.2% successful the day’s trading truthful far.

Published - November 27, 2024 01:53 p.m. IST