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Adani Group Share Price: Shares of listed companies of Adani Group have shown good growth. In a few days, the company’s shares have given a lot of returns to the investors. As soon as the market opened on Monday, four stocks of Adani Group hit the upper circuit of 5 per cent, while Adani Enterprises climbed up to 13 per cent.
Talking about the last five days, the stock of Enterprises Company of Adani Group has given a return of 90.12 percent. This stock of the company has reached Rs 2,114.50 per share. This boom in the stock of Adani’s companies is being seen after selling a stake of Rs 15,446 crore to US-based GQG Partners.
These four stocks hit upper circuit
Along with Adani Enterprises, the company’s four stocks, Adani Power, Adani Green, Adani Transmission and Adani Total Gas, all hit upper circuit of 5 per cent. On the other hand, the stock of Adani Ports and Special Economic Zone Limited has registered a jump of 4 percent. Apart from this, shares of Ambuja Cement and ACC Cement were trading up about 2 per cent each.
Bought stake in four companies
GQG, a US-based firm and listed in Australia, has bought shares in four Adani Group companies, including Adani Enterprises, through a block deal. According to a Mint report, after this deal, GQG President and Chief Investment Officer Rajeev Jain said that we believe there is long-term growth potential for these companies.
fast open market
Let us tell you that on January 24, Hindenburg Research had presented a report on Adani Group, in which many allegations were leveled against Adani Group. However, Adani Group had called this allegation false. After the report came, there was a big fall in the shares of the firm. During the initial trading, the Sensex climbed 500 points and crossed 60 thousand. Whereas Nifty was doing business around 17750.
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