Adani Group stocks in focus; jump up to 7.6 per cent after GVK deal

Adani Group stocks on Monday surged up to 7.6 per cent, after the group said it will acquire GVK’s stake in Mumbai airport to become the country’s biggest private airport operator.

On BSE, Adani Green Energy jumped 7.65 per cent, Adani Ports and Special Economic Zone rose by 5.24 per cent and Adani Power 4.97 per cent.

Shares of Adani Enterprises also gained 3.22 per cent in morning trade, but later pared all the gains and were quoting nearly 2 per cent lower.

GVK Power and Infrastructure jumped 4.89 per cent to Rs 3.43 — its upper circuit limit.

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