Adani Enterprises shares jump 5% after IHC investment; Adani Total, Adani Green, Adani Wilmar extend fall
Adani Enterprises gained 5.26 per cent to hit a high of Rs 3,030 after Abu Dhabi's IHC said it will invest $400 million (Rs 3,200 crore) in the Adani Enterprises' FPO through its subsidiary Green Transmission Investment Holding. Adani Power hit its 5 per cent lower circuit at Rs 223.90. Adani Transmission fell 4.67 per cent to Rs 1,630.25. Adani Green was down 7.8 per cent at Rs 1,095.05. Adani Total Gas fell 10 per cent to Rs 2,112.90. Shares of Adani Enterprises jumped 5 per cent in Tuesday's trade after International Holding Company (IHC) announced Rs 3,200 crore investment in the Adani group flagship's follow-on public offer (FPO). Adani Ports & SEZ was trading flat, as the stock exchanges sought clarification from the company regarding reports suggesting Adani group was mulling a buyback proposal. Other Adani group stocks such as Adani Total Gas, Adani Green, Adani Transmission and Adani Wilmar and Adani Power extended their recent falls. Shares of Adan...