Adani Rout Enters Week-3: 6/10 Stocks Hit Lower Circuit, 2 at 52-Wk Low
By Malvika Gurung
Investing.com -- The ports-to-power conglomerate major Adani Group listed companies witnessed the incessant rout extend to the third week on Monday, further engulfing in crisis.
Adani Power (NS: ADAN ) and Adani Wilmar (NS: ADAW ) have been hitting lower circuits for eight consecutive sessions, while Adani Total Gas (NS: ADAG ) has hit the lower circuit for seven straight sessions.
Here’s how Adani Group stocks performed in the afternoon session on Monday.
- Adani Enterprises (NS: ADEL ): down 2.3% while writing, tumbling 10.56% to hit the day’s low at Rs 1,435.2 apiece.
- Adani Total Gas: stock hit a 5% lower circuit at Rs 1,541.25 apiece.
- Adani Green Energy (NS: ADNA ): hits new 52-week low and a 5% lower circuit at Rs 889.1 apiece.
- Adani Transmission (NS: ADAI ): hits new 52-week low and a 10% lower circuit at Rs 1,256.45 apiece.
- Adani Ports and Special Economic Zone (NS: APSE ): up 3.82% while writing, surges 6.12% to hit the day’s high at Rs 529.4 apiece.
- Adani Power: hits 5% lower circuit at Rs 182.35 apiece.
- Adani Wilmar: hits 5% lower circuit at Rs 379.95 apiece.
- NDTV (NS: NDTV ): hits 5% lower circuit at Rs 202.15 apiece.
- ACC (NS: ACC ): up 1.52% while writing, swings with volatility in intraday trade.
- Ambuja Cements (NS: ABUJ ): tanks 4% to Rs 358.45 apiece.
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I am doing quality buying in Adani stocks as I missed earlier rally. I know the potential Adani has I see the how Adani is deeply established in the growth story of India. It is just beginning.Like 0
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