New Delhi. There was a huge fall in the shares of Adani Group on Thursday, but in the early trading on Friday, there was a strong rise in the shares of the group companies. The shares fell after US prosecutors charged Gautam Adani and his nephew Sagar Adani with bribing Indian officials to win solar power contracts in India. However, Adani Group has termed these allegations as baseless. On Friday, considerable buying was seen in the shares of many group companies. Let us know how the shares of Adani Group performed today…
Is it the right time to buy #Adani stocks? @ChakriLokapriya shares his top three picks from Adani Group stocks. @HershSayta
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— NDTV Profit (@NDTVProfitIndia) November 22, 2024
Which stocks rose?
Shares of Adani Enterprises were seen trading at Rs 2,275 with a gain of 4.26% in early trade. It went up to a maximum of Rs 2,276. A big rise was recorded in the shares of Ambuja Cement. The stock was seen trading at Rs 510.30 with a gain of 5.49%. Adani Total Gas shares were seen trading at Rs 620 with a gain of 3%. Adani Green Energy shares rose after initial fall. After opening at Rs 1,060.05, it touched Rs 1,219.70 and was seen trading at Rs 1,211 with a gain of 5.64%.
A decline was also recorded in some shares
Adani Ports shares were seen trading at Rs 1,125 with a gain of 0.92%. It went up to a maximum of Rs 1,131.90. Adani Power shares were seen trading at Rs 482.35 with a gain of 1.30%. Adani Wilmar shares were seen trading at Rs 296 with a gain of 0.53%. There was a decline in the shares of Adani Energy. It was seen trading at Rs 688.55 with a decline of 1.31%. Whereas NDTV shares were seen trading at Rs 170.75 with a gain of 1.49%.
all #Adani stocks recover from yesterday’s lows. Are there opportunities to make a buy?
Vinit Bolinjkar shares insights. @winningtrades1 @hershsayta
Also read: https://t.co/MlV5CYFi5B pic.twitter.com/fbyWoE5OcX
— NDTV Profit (@NDTVProfitIndia) November 22, 2024
What is the matter?
Gautam Adani and Sagar Adani are accused of paying bribes worth $250 million to Indian officials to get solar power contracts. US prosecutors also said Adani Group took unfair advantage. However, the group rejected these allegations, calling them false and baseless.
