After a week of turbulent trading, Adani Group stocks showcased a mixed bag of results. Among the bunch, Adani Power emerged as the star performer while Adani Ports witnessed a dip.
Shares of Adani Power started the week at ₹387.30 and closed at ₹397.20 on Friday, marking a weekly gain of ₹9.90 or 2.56%. This positive performance crowned it as one of the best performers in Adani Group’s portfolio.
| Stock | Open | Close | Weekly Movement | Weekly % Change |
|---|---|---|---|---|
| ADANIENT.NS | ₹2,211.00 | ₹2,225.45 | ₹14.45 | 0.65% |
| ACC.NS | ₹1,848.25 | ₹1,820.50 | -₹27.75 | -1.50% |
| AMBUJACEM.NS | ₹421.10 | ₹414.30 | -₹6.80 | -1.61% |
| ATGL.NS | ₹535.10 | ₹536.95 | ₹1.85 | 0.35% |
| ADANIENSOL.NS | ₹741.05 | ₹729.10 | -₹11.95 | -1.61% |
| ADANIGREEN.NS | ₹935.00 | ₹937.90 | ₹2.90 | 0.31% |
| ADANIPORTS.NS | ₹810.05 | ₹795.55 | -₹14.50 | -1.79% |
| ADANIPOWER.NS | ₹387.30 | ₹397.20 | ₹9.90 | 2.56% |
| AWL.NS | ₹295.00 | ₹316.95 | ₹21.95 | 7.44% |
| NDTV.NS | ₹190.95 | ₹205.05 | ₹14.10 | 7.38% |
On the flip side, Adani Ports had a rough week, opening at ₹810.05 and ending at ₹795.55. The stock experienced a weekly decline of ₹14.50 or 1.79%, making it the biggest loser among the group’s stocks.
See Also: Is Share Market Closed On November 27, Gurunanak Jayanti?
This decline comes against the backdrop of a probe by the Securities and Exchange Board of India (SEBI) into the Adani Group. As reported SEBI has, SEBI has assured the Supreme Court that it won’t seek more time to wrap up its investigation into the Adani group, related to the high-profile Hindenburg report matter. The Supreme Court has reserved its order in the case. The biggest bump was noticed in NDTV and Adani Wilmar.
Other noteworthy performances include Adani Enterprises and Adani Green. Adani Enterprises saw a marginal upward movement from ₹2,211.00 to ₹2,225.45, a change of ₹14.45 or 0.65%. In contrast, Adani Green had a flat week, with a slight uptick from ₹935.00 to ₹937.90, an increase of ₹2.90 or 0.31%.
Lastly, Ambuja Cements, an associate of the Adani Group, also ended the week on a sour note. The shares opened at ₹421.10 and closed at ₹414.30, marking a decrease of ₹6.80 or 1.61% over the week.
Read Next: Amazon India Sends Out Emails To Warn Users About Scammers
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.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.