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Adani Share Price: There are no signs of relief for Adani Group Stocks even during the sixth consecutive week. The process of decline that started from June is not taking the name of stopping. On Monday, the first day of the second week of July, all 10 stocks of Adani Group started trading with losses.
All stocks in red zone
In the early trade of the first day of the week, all 10 stocks of Adani Group are seeing a decline. Earlier on Friday also all 10 shares of the group had closed in losses. On Friday, three shares of Adani Group were ex-dividend, even after that the shares of the group had to suffer. On the other hand, even after the news of raising new funds by the promoters of Adani group came late on Sunday, support is not visible today.
more damage to
Shares of Adani Power and Ambuja Cement are the biggest losers in early trade. A decline of more than 1-1 per cent was being seen in the prices of these two. Shares of Adani Ports, Adani Wilmar and Adani Total Gas were also at a loss of about 1-1 per cent.
their prices also fell
The condition of the rest of the shares was also not good in the initial trade. Adani Enterprises, the flagship stock of Adani Group, was witnessing a decline of about 70 per cent. On the other hand, the prices of Adani Green, Adani Transmission, ACC Cement and NDTV fell by up to 0.80 per cent.
Status at 09:30 am:
company/stock | Quote (in Rs)/Change in opening trade |
Adani Enterprises | 2363.00 (-0.67%) |
Adani Green | 945.35 (-0.58%) |
Adani Ports | 712.30 (-0.90%) |
Adani Power | 241.05 (-1.15%) |
Adani Transmission | 754.00 (-0.78%) |
Adani Wilmar | 400.40 (-0.85%) |
Adani Total Gas | 637.15 (-0.89%) |
acc | 1782.30 (-0.41%) |
Ambuja Cement | 413.10 (-1.14%) |
ndtv | 223.60 (-0.47%) |
pressure from last month
The shares of Adani Group have been in loss since the first week of June. In this way, the shares of Adani Group have suffered losses for five consecutive weeks. During this, only in the last week of June, some shares of Adani Group showed recovery, but the recovery did not prove to be sustainable.
Good start in domestic market
The domestic stock market has started the week brilliantly. The BSE Sensex is up more than 200 points in early trade and is trading near 65,500 points. Similarly, the NSE Nifty is also close to 19,400 points with a gain of about 60 points.
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