Adani Group stock investors are now happy because of the gains of the stocks. Early on Monday Adani Group stocks got decent gains. After the group promoter form increased its stake in two of the group’s listed companies, investors’ trust improved in the Adani group stocks.
The promoters are continuously making strategies to recover from the previous damage but they have now increased their stakes in two of the Adani group’s listed companies.
Adani Enterprise increased by nearly 3% and Adani Ports increased by 3% in the early trade on BSE. Also, Adani8 Power gained almost 4%. The promoters have increased their from 69.87% to 71.93% in the flagship Adani Enterprises.
Promoters are also showing interest in the Adani Ports and Special Economic Zone Ltd they are increasing their stake from 63.06% to 65.23%. Resurgent Trade and Investment Ltd and Special Economic Zone Ltd two stakeholders are making these open market transactions.
The US-based investment firm now has a stake in 5 Adani Group firms.
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