Stocks in focus today: Uptrend in Nifty to continue, and it may head toward its life-high levels. Adani Ports, ITC, Patanjali Foods, Brightcom group among stocks to watch on Tuesday, May 30, 2023.
Adani Ports share price today: Adani Ports shares were trading over 1% lower at Rs 729.35 in early deals today against the previous close of Rs 737.45 on BSE. The stock fell today after three sessions of rally.
Adani Ports share price: In January this year, Hindenburg alleged stock manipulation and accounting fraud by the Gautam Adani-led conglomerate. Adani, however, denied all the claims. Adani Ports' stock closed at Rs 760.85 on January 24 this year.
Adani Ports share price: All Adani stocks have been dented by US-based short seller Hindenburg Research's report alleging stock manipulation and accounting fraud by the energy-to-ports Indian conglomerate. Adani Ports has declined 16.77 per cent on a year-to-date (YTD) basis.