New Delhi:
Adani Group Stocks: Today, on December 3, many shares of Adani Group are seeing a rise. In early trading, all the shares including Adani Enterprises, Adani Ports, Adani Green Energy, Adani Total Gas were trading with gains. In which the highest rise has been seen in the shares of Adani Ports.
At 12 noon, shares of Adani Ports are trading at Rs 1,305.35 with a gain of 7.37%, while shares of Adani Enterprises are trading at Rs 2,531.00 with a gain of 3.01%.
Market cap of Adani Ports reaches Rs 2.79 lakh crore
The market cap of Adani Ports has reached Rs 2.79 lakh crore. 4.94 lakh shares of the company were traded on BSE, whose total turnover was Rs 63.19 crore. Shares of Adani Ports have increased by 55.35% in the last one year and by 22.67% since the beginning of this year.
Shares of Adani Ports and Adani Enterprises rise
Around 11:18 am, a spectacular rise was seen in the shares of Adani Ports and Adani Enterprises. Shares of Adani Ports were trading at Rs 1,277.45 with a gain of 61.65 points or 5.07%. While shares of Adani Enterprises were seen trading at Rs 2,506.85 with a gain of 49.80 points (2.03%).
Adani Ports among top gainers of Sensex
Around 9.30 am, Adani Ports was seen trading at the level of 1252.80, registering a gain of 3.04%. With this, Adani Ports joined the top gainers of Sensex today.
This share of Adani Group can jump by more than 63%
Yesterday, brokerage firm Nuvama has given ‘BUY’ rating on Adani Group company Adani Ports. Along with this, the brokerage has fixed the target price of this share of Adani Group at Rs 1,960, which is more than 63% of its current price level. Along with this, the brokerage has expressed the expectation of rapid increase in the revenue and EBITDA of Adani Ports. Due to this report of Nuvama, a huge jump is being seen in the shares of the company today.
Adani Ports has handled 293.7 million metric tonnes of cargo in the first 11 months of this year (2024), showing a growth of 7% compared to the same period last year. Additionally, logistics volumes by rail have also increased by 10% during this period.
Around 9:15:
- Adani Ports and Special Economic Zone was trading at Rs 1,226.95 with a gain of 0.92%.
- Adani Green Energy was trading at Rs 1,344.00 with a gain of 1.21%.
- Adani Energy Solutions was trading at Rs 807.05 with a marginal gain of 0.0062%.
- Adani Enterprises was trading at Rs 2,464.00 with a gain of 0.28%
- Adani Total Gas was trading at Rs 780.30 with a gain of 1.00%.
- Adani Wilmar was trading at Rs 311.00 with a gain of 0.39%.
- ACC was trading at Rs 2,239.00 with a gain of 0.20%.
- Ambuja Cements was trading at Rs 541.10 with a gain of 0.43%.
The shares of Adani Group have been witnessing a continuous rise for the last few days. This rise has come after the recent clarification issued by the company, in which the company has rejected the allegations of the US Justice Department.
(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.)
