Adani stocks recover as promoters prepay $1.11 billion loan
Out of 10 Adani stocks listed on exchanges, only three were trading lower. The diversified conglomerate’s flagship entity Adani Enterprises was 3.5% higher and Adani Ports 3%. Shares of Adani Transmission, which reported a 73% year-on-year (YoY) increase in its consolidated profit after tax to Rs 478.15 crore in the December quarter, was also locked in the 5% upper circuit band at Rs 1,324.45.
