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

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

Adani Enterprises 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.


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.

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On the other hand, Ambuja Cements 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 and Adani Total Gas also saw a downward trend this week.

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