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.

Read Next: Top 10 Richest People In India Right Now

Engineered by Benzinga Neuro, Edited by

Utkarsh Roshan

The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you.

Learn more.

Read the original article on Benzinga

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

  • narinder rana @narinder rana
    please check the latest rates
    Like 0

Related Articles