Shares of Adani Group companies were in focus with three stocks, Adani Transmission (Rs 1,013.55), Adani Total Gas (Rs 935.35) and Adani Green Energy (Rs 930.75) locked at the 5 per cent upper circuit on the BSE on Tuesday at 10:13 AM; in an otherwise subdued market.
Adani Enterprises, the group’s flagship company, Adani Power, Adani Wilmar, New Delhi Television (NDTV), ACC, Ambuja Cements and Adani Ports and Special Economic Zone (APSEZ) were up in the range of 1 per cent to 4 per cent. In comparison, the S&P BSE Sensex was up 0.05 per cent at 60,088.
APSEZ on Monday said it commenced a tender offer to purchase for cash up to $130 million in aggregate principal amount of the outstanding 3.375 per cent Senior Notes due 2024, ahead of scheduled deadlines.