
5 Adani stocks hit lower circuit; Adani Total Gas plunges 70% in 15 sessions
Adani Total Gas, Adani Green Energy, Adani Transmission, Adani Power, and NDTV hit their 5% lower circuit limits on Monday.
Adani Total Gas, Adani Green Energy, Adani Transmission, Adani Power, and NDTV hit their 5% lower circuit limits on Monday.
Adani group’s holding in NDTV reaches 64.71%; NDTV stock trades 2.56% higher at ₹348; touched an intra-day high of ₹359.10.
The Roys plan to sell 1.75 crore equity shares constituting 27.26% of the share capital in the news network to RRPR Holding .
Extending losses for the third straight session, the share price of NDTV hit a lower circuit of 5% on Monday.
NDTV share price has risen more than 500% in a year, from its 52-week low of ₹75.55 on December 1, 2021, to ₹470.05 intraday today
Shares of the TV network jumped 5% to ₹446.30 on the NSE, hitting the upper circuit limit for the fourth consecutive trading session.
Shares of NDTV rose 5% to ₹426.40 on the BSE.
Adani group says VCPL is committed to completing the open offer process, and that SEBI has been requested to provide observations on its draft offer letter.
The Sensex and Nifty are poised to rise, in line with global peers and strong trends on SGX Nifty futures.
It is clear that the RRPR letter lacks bona fides and has no merit or basis either in law or in fact and is misconceived, says Adani Group.