Gautam Adani's favorite company gave him a birthday gift, you will also say wow... - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News


Monday, June 24, 2024

Gautam Adani's favorite company gave him a birthday gift, you will also say wow...

Gautam Adani's favorite company has given him a wonderful gift on the occasion of his birthday. This gift has come at a time when the group is working on reviving itself further. Gautam Adani himself informed the investors about his plans during the AGM on Monday.

On Gautam Adani's birthday, his favorite company Adani Port and SEZ has given him a big gift. According to the information, this company of Adani Group has been included in the S&P BSE Sensex Index. Under the semi-annual rejig, Adani Port has been included in place of Wipro. Currently, there is a list of 30 companies in the Sensex Index. In which the country's leading IT company was earlier included. Now it has been removed from this list. Adani Port has been included in its place.

Adani Port's stock is seeing a decline in the Sensex. Media reports have quoted Nuvama Brokerage as saying that after the entry of Adani Ports in the S&P BSE Sensex index, passive inflows may increase by $259 million while 14.9 million shares are expected to be added. Let us also tell you at what level Adani's shares are trading at the current time.

Which companies will get reduced and increased weightage

According to the report, under the semi-annual rejig, the weightage of 7 companies Airtel, Infosys, Kotak Mahindra Bank, ICICI Bank, Tech Mahindra, Tata Steel and IndusInd Bank will increase in the S&P BSE Sensex index. On the other hand, the weightage of Mahindra & Mahindra, Reliance Industries, Bajaj Finserv, HDFC Bank, Maruti Suzuki, ITC and Larsen & Turbo may be reduced in this index.

Adani Port shares fall

If we talk about Adani Port and SEZ shares, then currently there is a decline. In the BSE's major index Sensex, the share of Adani Ports is trading at Rs 1458.20 at 1.30 pm with a decline of 1.85 percent i.e. Rs 27.50. By the way, the company's share opened at Rs 1476. During the trading session, it also reached Rs 1450. On Friday, the company's share was at Rs 1485.70. By the way, in the last one year, the company has given a return of 98 percent to the investors. On June 3, the company's share reached a record level of Rs 1,607.95.

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