A day after the Adani Group promoters prepaid $1.114 billion worth of loans ahead of their maturity to release pledged shares in its three listed entities, the stock of Adani Enterprises Ltd (AEL) Tuesday rose sharply by 14.63 per cent.
The share of AEL closed at Rs 1,802.5 apiece on BSE compared to the previous close of 1,572.4 apiece. It rose 25 per cent to touch Rs 1,965.5 apiece during the intraday trades.
However, a day ahead of the Reserve Bank of India’s (RBI) monetary policy announcement, the Sensex, declined 0.37 per cent, or 220.86 points to close at 60,286.04 and the NSE Nifty ended 0.24 per cent, or 43.10 points, down to finish at 17,721.5.
