Adani Group shares gain; Adani Transmission hits new high

Adani Enterprises, Adani Ports and Adani Power were up in the range of 2% to 5% on BSE

Shares of Adani Group companies – Adani Enterprises, Adani Transmissions, Adani Port and Special Economic Zone (SEZ) and Adani Power – have rallied by up to 13% on BSE in intra-day trade after Adani Australia said it reached agreement with the Queensland Government on royalty payments for its $16.5 billion Carmichael coal projects.

Among the individual stocks, Adani Enterprises surged 13% to Rs 125, on back of an over two-fold jump in trading volumes.

Adani Transmission hit a new high of Rs 115.40, up 5% on BSE, followed by Adani Ports & SEZ (4% at Rs 342) and