Adani Ports Outshines Other Group Stock To Surged 9% Last Week

  • Benzinga India
  • Stock Market News
Adani Ports Outshines Other Group Stock To Surged 9% Last Week
Credit: © Reuters.

Benzinga - The trading week for Adani Group stocks concluded on a mixed note, with Adani Ports emerging as the star performer.

Adani Enterprises (NS: ADEL ) opened at ₹2,929.00 on Monday and closed at ₹3,157.45 on Friday, marking a weekly gain of ₹228.45 or 7.80%. This gain can be attributed to the company’s impressive Q3 results, as reported on February 1, where the company’s net profit soared 130% to ₹1,888.45 crore.

listed_name first_open last_close weekly_movement weekly_percentage_change
ADANIENT.NS ₹2,929.00 ₹3,157.45 ₹228.45 7.80%
ACC (NS: ACC ).NS ₹2,520.05 ₹2,499.45 -₹20.60 -0.82%
AMBUJACEM.NS ₹570.90 ₹557.40 -₹13.50 -2.36%
ATGL.NS ₹1,010.00 ₹999.25 -₹10.75 -1.06%
ADANIENSOL.NS ₹1,085.00 ₹1,052.05 -₹32.95 -3.04%
ADANIGREEN.NS ₹1,684.95 ₹1,674.25 -₹10.70 -0.64%
ADANIPORTS.NS ₹1,155.00 ₹1,261.45 ₹106.45 9.22%
ADANIPOWER.NS ₹570.00 ₹559.40 -₹10.60 -1.86%
AWL.NS ₹352.95 ₹350.30 -₹2.65 -0.75%
NDTV (NS: NDTV ).NS ₹278.15 ₹268.45 -₹9.70 -3.49%

However, Adani Ports outshone all with a stellar performance. The stock opened at ₹1,155.00 and closed at ₹1,261.45, registering a weekly gain of ₹106.45 or 9.22%. The company’s share price continued to make gains following the release of its December quarter results, which showed a remarkable 67.8% increase in net profits, as reported on February 2.

On the other hand, Ambuja Cements (NS: ABUJ ) and Adani Green witnessed a dip. Ambuja Cements saw a weekly drop of ₹13.50 or 2.36%, closing at ₹557.40 from the opening price of ₹570.90.

Adani Green also experienced a slight decline. The stock opened at ₹1,684.95 and closed at ₹1,674.25, marking a weekly loss of ₹10.70 or 0.64%.

Other stocks in the group, including Adani Transmission (NS: ADAI ) and Adani Total Gas (NS: ADAG ) also saw a downward trend this week.

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  • narinder rana @narinder rana
    please check the latest rates
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