Adani Group stocks: Shares of Adani Transmission rose 5 per cent to hit a day high of Rs 816.40 over its previous close of Rs 777.55. Yet, on a year-to-date (YTD) basis, the stock has lost 67.98 per cent. On the technical setup, the stock was last seen trading lower than the 5-day, 20-, 50-, 100- and 200-day moving averages. The counter's 14-day relative strength index (RSI) came at 42.07.
Adani Transmission Q4 Results: Adani Transmission's profit jumped 85.4 per cent year-on-year (YoY) helped by higher volume from Rs 237 crore in the same quarter the previous year.
Adani stocks: Market regulator SEBI today told the top court that any incorrect or premature conclusion of its probe into possible lapses of regulatory disclosures by billionaire Gautam Adani's eponymous group will not serve the interest of justice and will be legally untenable.
Adani Group stocks: Shares of Adani Transmission fell 5 per cent to hit a day low of Rs 948.05 over its previous close of Rs 997.90. In a year, the stock has lost 61.34 per cent so far this year in the aftermath of a scathing report by US-based short seller Hindenburg Research.