Adani Stocks: A Week Of Ups And Downs As Enterprises, Ports And Green Navigate Volatile Markets

The recently concluded week painted a diverse picture for the Adani Group stocks. While some braved the stormy markets, others held their ground, demonstrating a mixed performance for the week.

Adani Enterprises, a key company in the group, commenced the week at ₹2,260.05 on Monday and concluded at ₹2,229.85, indicating a minor drop of ₹30.20 or 1.34% over the week. This followed the company’s Q2 results, where it reported a nearly 50% slump in profits for the quarter ended September.

StockOpenCloseWeekly MovementWeekly % Change
Adani Ent₹2,260.05₹2,229.85-₹30.20-1.34%
ACC₹1,890.00₹1,859.85-₹30.15-1.60%
Ambuja Cements₹420.20₹420.90₹0.700.17%
Adani Total Energy₹568.00₹553.20-₹14.80-2.61%
Adani Energy Solutions₹764.50₹765.50₹1.000.13%
Adani Green Energy₹875.00₹902.70₹27.703.17%
Adani Ports₹785.90₹795.40₹9.501.21%
Adani Power₹354.40₹384.65₹30.258.54%
Adani Wilmar₹333.70₹317.40-₹16.30-4.88%
NDTV₹200.90₹196.35-₹4.55-2.26%

ACC, another major entity, also experienced a downward curve. The stock kickstarted the week at ₹1,890.00 and wrapped up at ₹1,859.85, with a weekly decline of ₹30.15, equating to a percentage change of -1.60%.

See Also: How A Banking Setback Empowered This Kolkata Woman To Form A Handcraft Empire That Now Supplies To Ike

Contrarily, Ambuja Cements showed signs of resilience. It opened the week at ₹420.20 and managed to inch up to ₹420.90 by the week's close, registering a slight gain of ₹0.70 or 0.17%.

Meanwhile, Adani Energy Solutions, opened the week at ₹764.50 and nudged up to ₹765.50 by Friday, clocking a modest increase of ₹1.00, or a 0.13% rise.

Despite posting an 8% dip in Q2 profits, Adani Total Gas' share price remained upbeat, continuing its four-straight session-gaining streak.

Read Next: Apollo Hospitals Adani Ports Lead Nifty 50 Gainers As Markets End The Week In Green


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.


Market News and Data brought to you by Benzinga APIs

Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.

Posted In: EquitiesMarketsMoversTrading IdeasAdani GroupRecap