Adani Enterprises Ltd has added 11.57% over last one month compared to 7.52% gain in S&P BSE Industrials index and 6.69% rise in the SENSEX
Adani Enterprises Ltd fell 15% today to trade at Rs 1361.25. The S&P BSE Industrials index is down 3.69% to quote at 4620.19. The index is up 7.52 % over last one month. Among the other constituents of the index, Bharat Heavy Electricals Ltd decreased 14.96% and Adani Ports & Special Economic Zone Ltd lost 14.53% on the day. The S&P BSE Industrials index went up 105.56 % over last one year compared to the 53.91% surge in benchmark SENSEX.
Adani Enterprises Ltd has added 11.57% over last one month compared to 7.52% gain in S&P BSE Industrials index and 6.69% rise in the SENSEX. On the BSE, 1.07 lakh shares were traded in the counter so far compared with average daily volumes of 5.71 lakh shares in the past one month. The stock hit a record high of Rs 1718.45 on 07 Jun 2021. The stock hit a 52-week low of Rs 141.1 on 12 Jun 2020.
Domestic equity benchmarks extended early gains and hit the day s high in morning trade. The Nifty was trading above the 14,800 mark and the Sensex regained the 50,000 mark. Banks, financials, metals and industrials shares were in demand.
At 10:24 IST, the barometer index, the S&P BSE Sensex, was up 337.47 points or 0.68% to 50,088.88. The Nifty 50 index added 112.65 points or 0.77% to 14,820.45.
Global stocks advanced after Fed Chair Jerome Powell indicated that the Federal Open Market Committee (FOMC) was nowhere close to pulling back on its support from the economy as it will still take sometime for it to achieve the employment and inflation goals.
Industrials stocks were trading with gains, with the S&P BSE Industrials index increasing 24.19 points or 0.58% at 4181.25 at 09:48 IST. Among the components of the S&P BSE Industrials index, HEG Ltd (up 8.52%), Somany Home Innovation Ltd (up 4.99%),Mahindra CIE Automotive Ltd (up 4.76%),Graphite India Ltd (up 4.34%),Alankit Ltd (up 3.89%), were the top gainers. Among the other gainers were NCC Ltd (up 3.86%), Container Corporation Of India Ltd (up 3.64%), Surya Roshni Ltd (up 3.46%), Greaves Cotton Ltd (up 3.09%), and Adani Ports & Special Economic Zone Ltd (up 3.06%). On the other hand, Shakti Pumps (India) Ltd (down 4.79%), Suzlon Energy Ltd (down 4.65%), and Snowman Logistics Ltd (down 2.66%) turned lower.
Read more about Industrials shares rise on Business Standard. Industrials stocks were trading with gains, with the S&P BSE Industrials index rising 157.65 points or 4.17% at 3940.44 at 09:48 IST.
Industrials stocks were trading in green, with the S&P BSE Industrials index increasing 26.44 points or 0.7% at 3788.51 at 09:48 IST. Among the components of the S&P BSE Industrials index, Mahindra EPC Irrigation Ltd (up 6.2%), Tata Motors-DVR (up 5.72%),Tata Motors Ltd (up 5.32%),Future Supply Chain Solutions Ltd (up 4.99%),Somany Home Innovation Ltd (up 4.8%), were the top gainers. Among the other gainers were HSIL Ltd (up 4.75%), Mahindra CIE Automotive Ltd (up 4.36%), Ashok Leyland Ltd (up 4.31%), Bharat Forge Ltd (up 3.27%), and Schneider Electric Infrastructure Ltd (up 3.11%). On the other hand, SRF Ltd (down 5.12%), Yaarii Digital Integrated Services Ltd (down 4.98%), and Genus Power Infrastructures Ltd (down 4.41%) turned lower.