Adani stocks make comeback after SC panel gives clean chit

Shares of all the 10 listed Adani Group firms continued their rally on Monday, with Adani Enterprises climbing nearly 19%, after a Supreme Court-appointed panel found no evidence of stock price manipulation in Adani Group companies, while a separate SEBI probe into alleged violation of money flows from offshore entities has “drawn a blank”.

The stock of Adani Enterprises zoomed 18.92%, the most among the group firms on the BSE.

Shares of Adani Wilmar jumped 10%, Adani Ports rallied 6.05%, Ambuja Cements gained 5.01%, Adani Power climbed 5%, Adani Transmission (5%), Adani Green Energy (5%) and Adani Total Gas (5%). NDTV advanced 4.98% and ACC climbed 4.93%.