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[ad_1] NEW DELHI: Leading bourse National Stock Exchange ( NSE ) on Tuesday raised the price band of four Adani Group firms, including Adani Power and Adani Transmission . The changes, which will be effective from Wednesday, will ensure that the price of the scrip cannot move upward or downward beyond a limit set for the day, according to a circular. NSE has enhanced the circuit limit of Adani Power to a maximum of 20 per cent from the current limit of 5 per cent. In addition, the exchange has increased the circuit limit of Adani Wilmar, Adani Green Energy and Adani Transmission to 10 per cent from the present 5 per cent level. The exchange has decided to revise the circuit limit of a total of 172 companies. In January, bourses BSE and NSE lowered the circuit limit of Adani Transmission, Adani Green Energy and Adani Total Gas. Generally, exchanges set the circuit limits to curb large movements in the price of shares in a very short time. The decision was taken after the heavy...

[ad_1] Last Updated: March 13, 2023, 14:48 IST Why are Ambuja Cement Shares Falling today? However, Shares of Adani Enterprises surged nearly 3 per cent to Rs 1,985 apiece on the BSE in Monday's opening deals; Know Why Ambuja Cements shares were trading in the red in a weak market on March 13 despite the Adani Group pre-paying a $500-million loan for the Ambuja deal. However, Shares of Adani Enterprises surged nearly 3 per cent to Rs 1,985 apiece on the BSE in Monday’s opening deals after the Group said it has fully prepaid share-backed financing worth $2,15 billion. Adani Power, Adani Green Energy, Adani Total Gas and Adani Transmission continued to surge to hit the upper circuit level of 5 per cent. The group said it has completed the entire prepayment of margin-linked share-backed financing, amounting to $2.15 billion, ahead of the committed timeline of March 31, 2023. Since the Hindenburg Research report came out on January 24, the Adani group has been focused on cutting d...

[ad_1] Last Updated: June 30, 2023, 12:42 IST Adani Transmission Share Price: Shares of Adani Transmission fell nearly 6 per cent after a large number of shares were traded on Friday after 3.8 crore shares or 3.45 per cent of the company’s total equity exchanged hands in three large trades. The shares exchanged hands at an average price of Rs 795 apiece, taking the total value of the transaction to Rs 3,103 crore, according to exchange data. Buyers and sellers in this transaction were not immediately known. The stock has declined on heavy volumes as a result of the transaction. The volumes are more than 18.4 times of the three-month full-day average. Adani Transmission shares are trading at over 80 per cent discount from their 52-week high of Rs 4,236.75. The stock must surge 5 times from current levels to achieve this level. It hit its 52-week low of Rs 631.50 in March as a consequence of the Hindenburg Research Report published in January this year. Today’s correction comes on ...