Adani Group Stocks See Surge in Trading on June 5

Investors in Adani Group stocks were pleased to see a green opening for several listed companies on June 5. By the end of trading, many Adani Group shares had seen gains.

Adani Transmission Ltd led the pack with an impressive increase of 30.35 points, or 3.82%, closing at INR 825.00. Adani Total Gas Ltd shares rose 1.23% to INR 682.70, Adani Green Energy Ltd saw a 0.37% gain to INR 987.20, Adani Power Ltd rose nearly 1.74% to INR 260.10, and Adani Ports and Special Economic Zone Ld experienced a 0.15% gain, closing at INR 737.70.

During the last trading session, National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) decided to remove Adani Enterprises, the flagship company of the Adani Group, from the Short Term Additional Surveillance Measure (ASM) framework. This decision led to the opening of Adani Enterprises shares at INR 2,463.20 and a subsequent rise.

As of June 5, Adani Enterprises shares opened at INR 2,465.00, a rise of 0.82% or 19.95 points. This rise has brought Adani Enterprises’ market capitalization to INR 2.80 lakh crore.

In addition, Adani Transmission shares rose 3.06% to INR 819.00, Adani Total Gas shares rose 2.02% to INR 688.00, Adani Power shares rose 0.65% to INR 257.30, Adani Green Energy shares rose 0.71% to INR 990.50, and Adani Ports and Special Economic Zone Ld shares rose by 0.075% to INR 737.15.

Adani Wilmar rose by 0.046% to INR 437.75, while NDTV gained 0.95% to INR 244.30.

Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.

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