Adani Power, Adani Green to Adani Enterprises — Why are Adani group shares skyrocketing? EXPLAINED
20 hours, 22 minutes ago

Adani Power, Adani Green to Adani Enterprises — Why are Adani group shares skyrocketing? EXPLAINED

Live Mint  

Shares of Adani group companies witnessed strong buying action in trade on Tuesday, January 14, with all the group companies trading in the green. According to market experts, the rise in Adani group shares follows a speculative buzz around fundraising plans. Adani group shares are rising due to speculative buzz about the fundraising, said Anshul Jain, Head of Research at Lakshmishree Investment and Securities. “Adani group shares are rising on speculations, so fresh buying is not advised until there is some official statement in this regard. Those exposed to Adani group shares are advised to maintain strict stop loss and remain invested,” recommended Mahesh M Ojha, AVP — Research at Hensex Securities.

History of this topic

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