Adani Power, Adani Green, Adani Energy Solutions, Adani Enterprises Share Price: Adani Group shares rise between 5% and 19% on Tuesday, January 14.
Adani Group Share Price Today
Among the stocks in Adani Group were Adani Power Limited, Adani Green Energy Limited, Adani Energy Solutions Ltd., and Adani Enterprises Limited; the stocks soared by a high of 19% on the Tuesday, 14, January.
- Adani Power stocks rose by nearly 19% to reach ₹535 level.
- Adani Green Energy was up by 13.8 percent and was trading at ₹1,012.8.
- Adani Energy Solutions stood up by 13.7% to ₹783.
- Total gas producer Adani total gas rose 12.8% to ₹708.80.
- Adani Enterprises jumped 8.9 percent to `2,422.90 extending their record in the S&P BSE Carrer index to eight consecutive sessions.
- Adani Ports was up by 5.9% earlier in the day touching ₹1,129.70.The company was interestingly also in the news for seeking permission to operate a cruise liner terminal in the Mumbai port.
Performance of Cement and Media Industry Units
- The stocks in cement sector like ACC, Ambuja Cements and Sanghi Industries were up by 4-5 percent.
- On Wednesday, the stock price of NDTV went up by 13% to ₹157.65.
- Adani Wilmar also rose more than 3% and touched a day’s high of ₹270.50.
Adani Shares are on the rise, check out the reasons below
Most of the Adani Group stocks are trading higher after they were dealt a heavy blow in the previous trading sessions. The rally was lifted by a rebound in the market after a heavy selloff in the prior session that sent benchmark indices to seven-month lows.
Adani Energy Solutions Performance
The rush to Adani Energy Solutions was caused by the business update of the firm Q3FY25 performance. Key highlights include:
- By increasing the transmission network by 29.7% YoY to 26,485 ckm in the year 2013/14 .
- The power transformation capacity was raised by 54percent to 84,286 MVA.
- Transmission availability was at a 99.21%, while the overall system availability was 99.69%.
The company secured two major projects:
- Khavda Phase IV Part-D that is worth ₹3,455 crore.
- India’s largest multi-terminus power transmission project, Rajasthan Phase III Part-I which connects Bhadla and Fatehpur through HVDC is estimated at ₹25,000 crore.
These projects enhanced the under-construction project pipeline to ₹54,700 crore from ₹17,000 crore in the beginning of FY 25.
Adani Wilmar Share Price
Today, the Adani Wilmar shares opened up in green after it had corrected sharply for two straight sessions since the commencement of its OFS.
- Private company Adani Commodities LLP, the promoter of the company, is selling up to 19.50 crore shares or 15.01 per cent of the company’s stake, including an option for an oversubscription.
- This sale is in line with the strategic plan to bring down Adani Commodities’ holding in Adani Wilmar by as much as 20%.
After anchoring the floor price to ₹275, Adani Wilmar shares tumbled more than 19 per cent in two trading sessions, but recovered during Tuesday.
Also Read: Adani Group Shares Surge Up to 9% Following Hindenburg’s Announcement of Closure
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