Shares of Adani Group companies are seeing a boom on Tuesday. The shares of Adani Enterprises, the flagship company of Adani Group, saw a strong rise today. The stock of this company has jumped 14 per cent on the BSE and around 12 o’clock the shares of Adani Enterprises were trading at Rs 1361.35. After a long session, the fall in the shares of Adani Green stopped and this stock saw a gain of five percent today and hit the upper circuit.
Loan prepayment plan
Adani Group plans to pre-pay a loan of 690 to 790 million dollars (up to 65 billion rupees) by the end of March this year. This loan has been taken on the shares of the companies. Since this news, the shares of Adani Group are seeing a boom. Stocks of eight of the listed 10 Adani group companies were seen trading in the green.
Strong rise in these stocks
The shares of Adani Wilmar have also seen a strong rise today. This stock is trading today at Rs 361.65 with a gain of 4.99 per cent. Shares of Adani Ports are seeing a gain of more than seven percent and it is trading at Rs 601.75. However, the shares of Adani Transmission fell again today and hit the lower circuit at 4.99 per cent. Adani Total Gas is also seeing a decline. This stock is trading at Rs 678.55 on the lower circuit of five per cent.
This stock is trading at Rs.642.90. Adani Power is up by 4.99 per cent at Rs 146.30. Ambuja Cements gained 5.47 per cent to Rs 347.95 and ACC gained 3.48 per cent to Rs 1,753.70. On Monday, most of the shares of Adani Group closed down.
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