Adani shares become rocket as soon as good news comes from Mauritius, money rains with huge earnings - Newztezz Online

Breaking

Thursday, May 11, 2023

Adani shares become rocket as soon as good news comes from Mauritius, money rains with huge earnings

Financial Services Minister Mahen Kumar Siruttan replied that Adani has no shell company in Mauritius, nor does the law here have any place for such companies.

There is good news from Mauritius regarding Gautam Adani and Adani Group. The Financial Services Minister there has made it clear that there is no shell company of Adani Group in their country. In fact, the minister has given this statement in the allegation made in the report of Hindenburg Research. After this statement, there was a jump in the shares of Adani Group companies in the stock market of India. Good growth is being seen in all the 10 companies of the group. The maximum speed has come in the shares of Adani Enterprises. Let us first tell you what the Mauritius minister said.

What statement did the minister give

In fact, the allegations made in the Hindenburg Research report were questioned by a member of the Mauritius Parliament. After which the country's Financial Services Minister Mahen Kumar Siruttan replied that Adani does not have any shell company in Mauritius, nor does the law here have any place for such companies. The minister said in the parliament that the allegation of presence of shell companies in the country is completely fake and baseless. Till date no one has been able to violate the laws here. Let us tell you that after Hindenburg's report, there was a big fall in the shares of Adani Group and $ 140 billion of the group was destroyed.

Adani shares rise

The shares of Adani Enterprises are seeing a rise of more than 5 percent and the price has come down to Rs.1988.

The shares of Adani Port and SEZ are up by 2.47 per cent and are priced at Rs 708.15.

Adani Power's stock has gained 2.02 per cent and is trading at Rs 242.90.

The stock of Adani Transmission is up 3.24 per cent and is trading at Rs 917.80.

The shares of Adani Green Energy are seeing a gain of 1.68 percent and the price is at Rs 916.80.

The stock of Adani Total Gas is seeing a gain of 2.26 percent and the company's stock is trading at Rs.855.

The stock of Adani Wilmar is seeing a gain of about two per cent and is trading at Rs 396.50.

The share of ACC Limited is seeing an increase of 2.40 percent and the price is trading at Rs.1792.

Ambuja Cement's stock is seeing a gain of 1.11 per cent and is trading at Rs 412.65.

NDTV shares are seeing a gain of 2.50 per cent and the price has come down to Rs 183.85.

No comments:

Post a Comment