Adani Group shares gain; Adani Transmission zooms 40% in two days

Shares of Gautam Adani-led Adani Group companies – Adani Transmission, Adani Enterprises, Adani Power and Adani Green Energy – have rallied by up to 17% on the BSE in intra-day trade on Tuesday.

Adani Transmission has surged 17% to Rs 237, zooming 40% in the past two trading sessions from Rs 169 on Friday, August 24, 2018. The trading volumes on the counter jumped more than five-fold with a combined 12.14 million equity shares changing hands on the BSE and NSE till 01:38 am.

The BSE said that it has sought clarification from Adani Transmission on August 28,