Adani Enterprises Share Price Closing 27 March Lower Circuit On Six Group Stocks

Adani Share Price: The rise in Adani Group Stocks came to an end in Monday’s trading on the first day of the week. The steady rise in the group’s shares for almost a month not only saw a break today, but most of the shares were badly shattered (Adani Shares Fall). The dominating sell-off on the shares of the Adani Group can be gauged from the fact that by the end of the business, most of the shares of the group hit the lower circuit (Adani Stocks Lower Circuit).

all stocks in loss

Today, even though the domestic stock market started the business well, but today was a bad day for the Adani group since morning. Out of 10 stocks of the group, only 02 made a good start to the business today. However, after a short trading, all 10 stocks went into the red mark. Out of these, the price of 06 shares hit the lower circuit.

Lower Circuit at Adani Green

After the end of the day’s trading, Adani Green was also included in the stocks of Adani Group which suffered the most. During the trading, this stock also hit lower circuit today, while it was hitting upper circuit almost every day for about a month. There was such a stormy boom in the price of Adani Green that it had jumped 110 percent in about a month.

they also got bad

Apart from Adani Green, five other group stocks Adani Power, Adani Transmission, Adani Wilmar, Adani Total Gas and NDTV also hit lower circuit. The prices of all these five stocks fell by 5-5 per cent.

These stocks also suffered loss

If we look at other shares of Adani Group, the flagship stock Adani Enterprises remained at a loss of about one per cent. ACC also closed down by about one per cent. While Adani Ports registered a decline of about one and a half percent, the share price of Ambuja Cement was at a loss of about 0.60 percent.

Performance of all stocks:

company’s name Today’s closing price (on BSE, in Rs) Change (in %)
ndtv 183.50 -4.60
Adani Enterprises 1723.30 -0.99
Adani Green 984.70 -4.40
Adani Ports 629.10 -1.43
Adani Power 183.00 -4.98
Adani Transmission 1069.20 -4.98
Adani Wilmar 387.65 -4.93
Adani Total Gas 958.35 -4.91
acc 1684.80 -1.01
Ambuja Cement 369.75 -0.59

The trend had changed since last month

The shares of Adani Group were continuously beating the market movements for the last several days. After the Hindenburg report came out in January, the shares of Adani Group had fallen heavily for about a month. During this period the shares of the group fell by up to 80 per cent. However, from the last week of February, these stocks made a spectacular comeback.

market in green zone

Looking at the domestic stock, it maintained the initial momentum. In this way, the process of decline which was going on for two consecutive days also stopped. In the trading of the first day of the week, both the major indices BSE Sensex and NSE Nifty were on the rise since the beginning. However, both the indices gave up decent gains in the last hours. After the end of the trading, the Sensex remained profitable by about 125 points, while the Nifty registered a slight gain of about 20 points.

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