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.
Today: December 4, 2023