Adani Group stocks in demand

Adani Enterprises has rallied 15% to Rs 202 on the Bombay Stock Exchange.

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SI Reporter Mumbai
Last Updated : Oct 21 2013 | 1:14 PM IST
Shares of Adani Group companies such as Adani Enterprises, Adani Power and Adani Port and SEZ are in demand and rallied up to 15% on back of heavy volumes on the bourses.

Adani Enterprises was the largest gainer among the pack. It zoomed 15.4% to Rs 202 on the BSE. A combined 6.2 million shares have already changed hands on the counter till mid-noon deals against an average sub one million shares that were traded daily in past two weeks on BSE and NSE.

The stock appreciated by over 60% from its 52-week low of Rs 126 touched on September 4 this year.

Adani Ports and Special Economic Zone (SEZ) has surged by 7% to Rs 163, while Adani Power by 6.4% to Rs 37.15 on BSE. The benchmark index was down 0.3% at 1250 hours.
 
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First Published: Oct 21 2013 | 12:58 PM IST

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