Adani Green hits upper circuit for 3rd straight day, zooms 272% in 2019
Shares of Adani Green Energy were locked in the upper circuit limit for the third straight day, up 5 per cent at Rs 156 on the BSE on Thursday in an otherwise subdued market.
The stock of the Adani Group renewable power generation company is trading at its all-time high level on the bourses. It is the top gainer among the S&P BSE 500 index stocks in the calendar year 2019, with market price of the company zoom nearly four-times. In CY19, the stock soared 272 per cent from Rs 42 on the BSE. In comparison, the benchmark S&P BSE Sensex has gained 15 per cent, while the broader index S&P BSE 500 has gained 8 per cent during the year.
Till 10:25 am, a combined 221,857 equity shares changed hands and there were pending buy orders for 425,926 shares on the NSE and BSE.
