Shares of Adani Group firms attracted heavy demand in morning trade on Tuesday, in which the Adani total gas climbed about 20 percent. All 10 listed group companies were trading with sharp gains during morning trade, defying a silent trend in the equity market.
Adani total gas shares increased by 19.61 percent, Adani energy solutions increased by 13 percent, Adani power increased by 8.46 percent, Adani Green Energy increased by 7.84 percent, Adani enterprises rose to 7 percent, Adani Wilmer increased by 6.86 percent and NDTV advanced 6.42 percent BSE.
Adani ports increased by 3.71 percent, Ambuja Cements 3.66 percent and ACC increased by 2.86 percent.
Stock prices of Adani Group companies also rose on Friday, as the Supreme Court heard and reserved its decision on a batch of petitions, demanding a test of fraud against the group.
On Friday, nine out of 10 listed group companies ended in Green, adding Rs 14,786 crore to their joint market capitalization, showing stock exchange data.
Equity markets were closed on Monday for Guru Nanak Jayati. In the broad equity market, benchmark indices faced heavy volatile trends and were quoted between high and climb.
(Except for the headline, the story has not been edited by NDTV employees and is published by a syndicated feed.)