🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

Adani Group Rout Update: 2 Stocks Hit Tank Upto 10% Lower Circuits

Published 01-02-2023, 11:49 am
Updated 01-02-2023, 11:50 am
© Reuters.
ACC
-
ADEL
-
ADAN
-
ABUJ
-
APSE
-
NDTV
-
ADAI
-
ADNA
-
ADAG
-
ADAW
-

By Malvika Gurung

Investing.com -- The ports-to-power conglomerate major Adani Group listed companies extended their rout on the Budget day session, Wednesday, with two stocks hitting up to 10% lower circuits in the intraday.

The incessant sell-offs across the Adani Group stocks have wiped out almost one-fourth of the companies’ Rs 5 lakh crore market valuation in the past few sessions.

Here’s how Adani Group stocks performed in the morning session on Wednesday.

  • Adani Enterprises (NS:ADEL): stock down 5.2% at Rs 2,820 apiece. Slashed 6% to hit the day’s low at Rs 2,800 apiece.
  • Adani Total Gas (NS:ADAG): stock hit a 10% lower circuit at Rs 1,897.4 apiece.
  • Adani Green Energy (NS:ADNA): stock down 5% while writing, tanks 6.3% to Rs 1,115.1/share in the session.
  • Adani Transmission (NS:ADAI): stock falls 5.13%, declining 5.4% to Rs 1,678/share in the intraday.
  • Adani Ports & SEZ (NS:APSE): stock slides 2.8%, falling 3% to Rs 594 apiece on Wednesday.
  • Adani Power (NS:ADAN): stock hits 5% lower circuit at Rs 212.65 apiece.
  • Adani Wilmar (NS:ADAW): stock dips 4.12% to Rs 447.2 apiece.
  • Ambuja Cements (NS:ABUJ): stock declines 3.75%, plunging 6% to Rs 377.15 apiece on Wednesday.
  • ACC (NS:ACC): stock falls 4.6% to Rs 1,877.75 apiece.
  • NDTV (NS:NDTV): stock tanks 4.83% to Rs 236.1/share.

Read Also: Gautam Adani Exits Top 10 Global Rich List: $34B Wiped Off in 3 Sessions

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.