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Adani Group Shares: Adani Group’s shares remained mixed on Friday, May 26 as well. Shares of 5 out of 10 companies listed on the stock market of the group closed with a decline today. On the other hand, there was an uptrend in the remaining 5 stocks. This is the third day in a row, when Adani Group shares have a mixed trend. Experts say that due to many positive news in the beginning of the week, a sharp jump was seen in all the shares of the group, after which traders are booking profits. Adani Transmission was the biggest loser in the group’s shares today and closed at Rs 852, down 4.46 per cent on the NSE.
After this, the biggest decline was in the shares of Adani Total Gas and it fell 4.31 percent to close at Rs 762.10.
Among the rest of the group’s shares, Adani Green Energy fell 0.69 to close at Rs 964.00. At the same time, Adani Wilmer’s share fell 0.67 percent to Rs 449.00. Shares of Adani Power fell 0.17 per cent to close at Rs 258.15.
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On the other hand, among the 5 stocks of Adani Group which closed in the green mark, NDTV (NDTV) shares were the fastest. Shares of NDTV touched its upper circuit limit of 4.99 per cent and closed at Rs 227.15. NDTV has recently sought permission to open several regional news channels, after which its shares are seeing a boom.
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Apart from this, the shares of Ambuja Cements climbed 1.10% to close at Rs 423.80. While ACC shares closed at Rs 1,787.95 on the NSE, up 0.55 per cent. While Adani Ports shares closed at Rs 725.80, up 0.18 per cent.
Shares of Adani Enterprises, the group’s flagship, closed at Rs 2,540.00 with a gain of 0.10%.
Hindenburg gave blow to Adani Group
Hindenburg Research, a US-based financial firm, released a report on Adani Group on January 24 this year. In this, Adani Group companies were accused of stock manipulation and accounting fraud. The group denied the allegations but its shares could not handle the blow. After these allegations, the shares of the companies of the group were broken by 83 percent. So far, the shares of any company of Adani Group have not been fully recovered.
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