Adani Green Energy Ltd. shares rise 1.11% as Nifty gains
Shares of Adani Green Energy Ltd. traded 1.11 per cent up at Rs 1078.0 on Monday at around 12:10PM (IST), while the benchmark BSE Sensex advanced 47.25 points to 47916.23.
As many as 37,785 shares changed hands on the counter with a total value of Rs 4.06 crore.
The stock quoted a 52-week high price of Rs 1220.0 and a 52-week low of Rs 112.7.
On the technical charts, the 200-DMA of the stock stood at Rs 537.08, while 50-DMA was at Rs 1000.22. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.
