Benzinga - The past week saw a mixed bag of performances from the Adani Group stocks. While some stocks experienced a positive uptick, others witnessed a decline.
The star performer of the week was ACC Ltd (NS:ACC)., which opened at ₹2,646.00 on Monday and closed at ₹2,720.40 on Friday, marking a weekly gain of ₹74.40 or 2.81%.
| Adani Enterprises Ltd. (NS:ADEL) | ₹3,229.00 | ₹3,223.60 | -₹5.40 | -0.17% |
| ACC Ltd. | ₹2,646.00 | ₹2,720.40 | ₹74.40 | 2.81% |
| Ambuja Cements Ltd. (NS:ABUJ) | ₹582.10 | ₹585.10 | ₹3.00 | 0.52% |
| Adani Total Gas (NS:ADAG) Ltd. | ₹1,033.70 | ₹1,006.20 | -₹27.50 | -2.66% |
| Adani Transmission (NS:ADAI) Ltd. | ₹1,059.00 | ₹1,061.60 | ₹2.60 | 0.25% |
| Adani Green Energy (NS:ADNA) Ltd. | ₹1,888.05 | ₹1,904.75 | ₹16.70 | 0.88% |
| Adani Ports and Special Economic Zone Ltd. | ₹1,278.00 | ₹1,306.85 | ₹28.85 | 2.26% |
| Adani Power (NS:ADAN) Ltd. | ₹575.00 | ₹563.75 | -₹11.25 | -1.96% |
| Adani Wilmar (NS:ADAW) Ltd. | ₹346.90 | ₹346.50 | -₹0.40 | -0.12% |
| NDTV (NS:NDTV) Ltd. | ₹267.40 | ₹264.30 | -₹3.10 | -1.16% |
On the other hand, Adani Total Gas Ltd. had a rough week. The stock opened at ₹1,033.70 and closed at ₹1,006.20, recording a weekly loss of ₹27.50 or 2.66%.
Among other Adani stocks, Adani Enterprises Ltd. saw a marginal decline of ₹5.40 or 0.17%, closing at ₹3,223.60 from its opening price of ₹3,229.00.
Earlier in the week, four Adani Group companies had their debt papers outlook upgraded by Moody’s Investor Group from "negative" to "stable", while maintaining a stable outlook for the remaining four. All eight companies had their ratings affirmed. This included Adani Green Energy, Adani Green Energy Restricted Group, Adani Transmission Step-One Limited, and Adani Electricity Mumbai.
Adani Green Energy Ltd. and Adani Ports and Special Economic Zone Ltd. both ended the week on a positive note. Adani Green Energy Ltd. saw a weekly gain of ₹16.70 or 0.88%, closing at ₹1,904.75. Adani Ports and Special Economic Zone Ltd. closed at ₹1,306.85, up by ₹28.85 or 2.26% from its opening price.
Ambuja Cements Ltd. also had a decent week with a slight increase of ₹3.00 or 0.52%, closing at ₹585.10 from its opening price of ₹582.10.
Lastly, Adani Power Ltd. ended the week with a loss of ₹11.25 or 1.96%, closing at ₹563.75 from its opening price of ₹575.00.
Overall, it was a week of mixed fortunes for the Adani Group stocks. While ACC Ltd. emerged as the top gainer, Adani Total Gas Ltd. was the biggest loser of the week.
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