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Moody’s credit rating agency has upgraded the outlook for the four group companies to ‘negative’ from ‘stable’. Its effect was visible across group companies in morning trading. Shares of Adani Enterprises fell 4.32 percent to Rs 1,767.60 in morning trade on the BSE.
New Delhi. Shares of Adani group companies continued to fall in Monday morning trading. Shares of the group’s flagship company, Adani Enterprises, plunged more than 4 percent. Moody’s credit rating agency has upgraded the outlook for the four group companies to ‘negative’ from ‘stable’. Its effect was visible in morning trading in group companies. Shares of Adani Enterprises fell 4.32 percent to Rs 1,767.60 in morning trade on the BSE. Adani Ports and Special Economic Zone was trading at Rs 568.90, down 2.56 percent. The shares of various companies in the group touched its lower circuit.
Adani Power came in at Rs 156.10, Adani Transmission at Rs 1,126.85, Adani Green Energy at Rs 687.75 and Adani Total Gas at Rs 1,195.35. All of these stocks were down five percent each. Ambuja Cements was down 3.34 per cent to Rs 349, Adani Wilmar was down 3.31 per cent to Rs 421.65, NDTV was down 2.25 per cent to Rs 203.95 on the BSE. ACC scrip was trading at Rs 1,853, down 1.49%.
Disclaimer:Prabhasakshi has not edited this news. This news has been published from PTI-language feed.
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