Adani Flagship Jumps After 18 Million Shares Trade in A Bunch

Adani Group’s flagship firm Adani Enterprises Ltd. gained as much as 4.6%, making it the best performer on the benchmark NSE Nifty 50 Index, after 18 million shares changed hands in a bunched trade on the National Stock Exchange.

(Bloomberg) — Adani Group’s flagship firm Adani Enterprises Ltd. gained as much as 4.6%, making it the best performer on the benchmark NSE Nifty 50 Index, after 18 million shares changed hands in a bunched trade on the National Stock Exchange.

Adani Green Energy had 34.2 million shares, or a 2.2% stake, trade in 24 separate bunched trades, according to data compiled by Bloomberg. The shares of the Adani Group’s renewables arm fell as much as 6.8%, most in four months.

Identity of the buyers and sellers was not immediately known.  

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