Social News XYZ     

Shares of Adani Portfolio companies rebound, led by Adani Green

Shares of Adani Portfolio companies rebound, led by Adani Green

Mumbai, June 5 (SocialNews.XYZ) The shares of Adani Group's portfolio of companies made a strong comeback on Wednesday, led by Adani Green Energy and Adani Ports, as the stock markets recovered from Tuesday's losses.

Nine of the 10 listed Adani companies ended with gains, led by Adani Green Energy at 11.01 per cent, and Adani Ports and Special Economic Zone at 8.59 per cent.

 

Ambuja Cements jumped 7.47 per cent and the flagship Adani Enterprises zoomed up 6.02 per cent. While ACC stock went up 5.20 per cent, NDTV jumped 3.26 per cent, and Adani Total Gas climbed 2.67 per cent.

The shares of Adani Wilmar climbed 0.77 per cent and Adani Power went up by 0.32 per cent.

The combined market valuation of the Adani Group companies stood at over Rs 15,57,765 crore. On Tuesday, the Adani Group companies saw heavy losses as stock markets tanked amid political uncertainty. However, the portfolio gained significantly on Wednesday as investors gained over Rs 12 lakh crore in the market in a single session.

On Monday, the Indian indices had gained over Rs 12 lakh crore, or 3.25 per cent as fundamentals, technicals and sentiments turned favourable at the same time.

Source: IANS

Facebook Comments
Shares of Adani Portfolio companies rebound, led by Adani Green

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz