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Adani Group Stocks: In 2022, the shares of Adani Group have given multibagger returns to the investors. Shares of group companies have made investors rich. But after the news of the arrival of the new variant of Corona, a period of decline is being seen in the stock market, the shares of Adani Group have to bear the brunt of this. In the last three days, there has been a big decline in the shares of Adani Group. On Friday, the stocks of Adani companies have come down by 5 to 10 percent.
7 beating listed stocks
The stock of Adani Enterprises, the flagship company of Adani Group, closed at Rs 3642, down 5.85 per cent. The share of Adani Total Gas has declined by 8.98 per cent to close at Rs 3232. Adani Power’s stock fell 5 percent to close at Rs 262.20. Adani Green Energy shares fell by 8.67 per cent to Rs 1809, Adani Transmission shares fell by 9.84 per cent to Rs 2270 and Adani Ports shares closed at Rs 794, down 7.33 per cent.
Adani Wilmar fell 43 percent from high
The stock of Adani Wilmar, which gave multibagger returns to investors in 2022, has seen a sharp decline. Adani Wismar’s share has fallen below Rs 500 to Rs 499 with a decline of about 10 per cent. In February 2022 itself, the IPO of the company came at Rs 230 per share. After which the stock went up to Rs.870. From there the stock has come down to Rs.500. That is, this stock has come down 43 percent from its high.
2022 to remember for Adani Group
A year ago, the market cap of Adani group used to be Rs 9.6 lakh crore, which had increased to close to Rs 19 lakh crore. In terms of adding assets, the year 2022 is remembered for this spectacular rise of the Adani Group. But since the beginning of the year till now, the shares of the Adani Group, which saw a great boom, now seems to be putting a brake on it.
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