Shares of Adani Group rose, Adani Enterprises closed at the highest level in a month
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Some of the group’s shares also touched their upper circuit levels. Earlier the group said it has repaid loans worth Rs 7,374 crore (over US$900 million) and will clear all remaining such loans by the end of the month. After this there was a spurt in the shares of Adani group companies.
Shares of Adani group companies closed with gains on Wednesday and during this period, shares of Adani Enterprises rose for six consecutive days to reach a one-month high. Some of the group’s shares also touched their upper circuit levels. Earlier the group said it has repaid loans worth Rs 7,374 crore (over US$900 million) and will clear all remaining such loans by the end of the month. After this there was a spurt in the shares of Adani group companies.
NSE and BSE on Monday said that Adani Enterprises will be taken out of the short-term Additional Monitoring Measures (ASM) framework. Shares of Adani Enterprises rose 2.86 per cent to close at Rs 2,039.65 on the BSE, rising for the sixth consecutive day. Besides, shares of Adani Ports and Special Economic Zone (APSEZ) closed 3.22 per cent higher at Rs 712.75. Adani Power closed at Rs 186.75, Adani Transmission at Rs 819.90, Adani Green Energy at Rs 619.60, Adani Total Gas at Rs 861.90 and Adani Wilmar at Rs 461.15.
Disclaimer:IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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