Read more about Adani Enterprises updates on gas discovery by JV in Mumbai offshore on Business Standard. Adani Enterprises on Thursday said that Adani Welspun Exploration has completed appraisal cum development of well in the B-9 contract area of Tapti-Daman Sector of Mumbai Off shore.
Read more about Adani Power hits record high; soars 72% in eight days on Business Standard. Adani Power jumped 4.48% to Rs 158.70, extending its winning run to eighth consecutive trading session.
Adani Enterprises jumped 4.28% to 1,612.95, extending its winning run to fourth consecutive trading session.Shares of Adani Enterprises have rallied 23.8% in four trading days from its previous closing low of Rs 1,302.95 on 28 May 2021. The counter hit a record high of Rs 1,623.20 in intraday today. The stock has soared 1,043% from its 52-week low of Rs 141.10 hit on 12 June 2020.
In last one month, Adani Enterprises has jumped 28.4% compared with 6.69% rise in Nifty 50 index.
On the technical front, the stock s RSI (relative strength index) stood at 80.415. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.
Read more about Adani Port gains after strong business update on Business Standard. Adani Ports and Special Economic Zone (APSEZ) rose 2.86% to Rs 821 after the company said it handled cargo volume of 25.65 MMT in May 2021, registering a growth of 79% on year on year basis.
Read more about Bajaj Healthcare launches drug for black fungus infection in Covid patients on Business Standard. Posaconazole API, launched on Friday, will be used in treating Mucormycosis infection in Covid-19 patients