Adani Group stocks in focus: Adani Green Energy, Adani Enterprises trade flat, Adani Energy Solutions gain 4%

Majority of Adani Group stocks including Adani Green Energy, Adani Enterprises, Adani Ports, ACC, Adani Wilmar and ATGL traded flat on the National Stock Exchange on Thursday. The group stocks recorded set a major come back on Wednesday.

Shares of Adani Energy Solutions moderated between ₹719 and ₹741. The stock traded at ₹725, higher by 2.19 per cent as at 10.43 am.

Adani Green Energy traded flat at ₹851 on the National Stock Exchange as at 10.47 am. The company had refinanced its maiden Construction Facility with outstanding of $1.06 billion taken in 2021 to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan. 

Adani Enterprises stock traded flat at ₹2,243.40 on the NSE as at 10.36 am, following a block deal.

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Abu Dhabi-based IHC Capital Holding over 84 lakh shares of Adani Enterprises for ₹1,832 crore through open market transactions .The shares were disposed of at an average price of ₹2,168.1 apiece. Meanwhile, Envestcom Holding RSC Ltd sold the same amount of shares in two tranches at the same price.

In addition to Adani Green Energy, other stocks that traded flat include Adani Wilmar which traded at ₹258.30 at the time of writing and ATGL at ₹592.55.

Adani Ports traded at ₹1,113.80 on the NSE on Sustainalytics upgraded its ESG risk rating.

In addition, ACC and Ambuja Cements inched up 0.79 per cent to ₹1,871.90 and by 0.22 per cent to ₹492.20, respectively.

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