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.

listed_namefirst_openlast_closeweekly_movementweekly_percentage_change
ADANIENT.NS₹2,929.00₹3,157.45₹228.457.80%
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₹106.459.22%
ADANIPOWER.NS₹570.00₹559.40-₹10.60-1.86%
AWL.NS₹352.95₹350.30-₹2.65-0.75%
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.

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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.

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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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Posted In: EquitiesMarketsMoversTrading IdeasAdani Group