Vikrant Shekhawat : Feb 07, 2023, 12:58 PM
Adani Group News: It is said that it does not take long for the day to change and when something good has to happen, no matter what the environment is, it remains good. This thing is fitting perfectly with the biggest company of Adani Group. After 8 days, when the stock market opened on the 9th day, the shares of Adani Enterprises, the flagship company of Adani Group, did not have a very good start, but in the 105th minute after the market opened, the company's stock was running with a speed of 25 percent. Yes, this is not a dream or a joke. During this, the company of Adani Enterprises has gained about 45 thousand crore rupees. At present, the stock of the company is trading with a gain of about 15 per cent.Adani Enterprises shares rose 25 percentTuesday is proving to be very auspicious for the shares of Gautam Adani and Adani Enterprises. The company's stock has run at a speed of 25 percent. The surprising thing is that till Monday, the company's stock had seen a decline of more than 50 percent since January 24. Talking about today's data, the company's stock opened with a slight decline at Rs 1568.05 at 9.15 am this morning and after 105 minutes of trading, it gained 25 per cent to reach Rs 1965.50. This means that the company's stock had gained Rs 393.1 from the level a day earlier. At present, i.e. at 12:05 pm, the company's stock is trading at Rs 1,803 with a gain of 15 per cent.45 thousand crore profit in 105 minutesOn the other hand, if we talk about the market cap of the company, within a few minutes the company has gained Rs 45,000 crore. According to the data, a day ago the company's stock had closed at Rs 1572.40 and the market cap was Rs 1,79,548.69 crore. When the company's share reached Rs 1965.50 crore today, the market cap of the company came to Rs 2,24,435.86 crore. This means that the company's market cap has come down to Rs 44,887.17 crore at 11 am.Why did the company's shares rise?In fact, after the news of prepayment of loan by Gautam Adani and profit in Adani Transmission Co's quarterly results, along with Adani Enterprises, other stocks of Adani are also seeing a boom. The shares of Adani Transmission have an upper circuit of 5 per cent. On the other hand, 5 percent of Adani Wilmar's shares are engaged in the upper circuit.