The Adani Group stocks have been heavily battered in the wake of the Gautam Adani Hindenburg issue. Adani Enterprises share price has dropped from ₹3,442 to ₹1,955, while Adani Ports & Special Economic Zone has crashed from ₹761 to ₹595. Shares of Adani Green Energy have nosedived from ₹1917 to ₹725 and Adani Power share price has crashed from ₹275 to ₹164. Sandeep Pandey, Director at Basav Capital suggested that Adani Enterprises shares may be a good bet for high-risk investors in the future. Anuj Gupta, Vice President — Research at IIFL Securities stated that Adani Enterprises have immediate hurdles at ₹2,350 apiece levels, and support at ₹1,000 levels. Adani Ports have immediate support placed at ₹400 per share levels, with a hurdle at ₹700 levels.
Gautam Adani Hindenburg Issue Adani Group Shares Receive Heavy Beating
Adani Enterprises share price has dipped from ₹3,442 to ₹1,955 apiece levels 12 sessions. Shares of Adani Ports & Special Economic zone has crashed from ₹761 to ₹595 levels, Adani Green Energy share price has nosedived from ₹1917 to ₹725 apiece levels, Adani Power share price has crashed from ₹275 to ₹164 apiece levels. Sandeep Pandey, Director at Basav Capital suggested that buying Adani Enterprises shares at current levels may turn out a good bet in coming sessions.
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