Adani Enterprises shares rally Adani Total Gas, Adani Transmission, tumble up to 20 Percent

To Rs 235.65, Adani Power decreased 5%. At Rs 491.45, Adani Wilmar exceeded the 5% lower circuit limit. Adani Transmission's price fell by 18% to Rs 1,648.Following a selloff last week, shares of Adani Enterprises, whose Rs 20,000 crore follow-on public offer is in progress, rebounded in Monday's trade. However, the decline in other Adani Group shares, which included Adani Total Gas, Adani Transmission, and Adani Green, accelerated.Adani Enterprises' stock increased 9.35 percent to Rs 3,020.45 at 9.19 am. On Friday, the stock had dropped 18.52 percent. While Adani Group CFO Jugeshinder Singh stated that his organisation was not seeking to make any adjustments with respect to the Rs 20,000 crore follow-on public offer (FPO) by A to the offer time or pricing range, In a filing to the BSE, Adani Enterprises stated that if the offer price is less than the allocation price for anchor investors, the difference would not be financed to the anchor investors. On February 1, the FPO committee is expected to meet to approve the offer price and prospectus for the offer.

A share of Adani Ports & SEZ increased by 4.34 percent to Rs 624.60.

After six straight sessions of declines, the stock saw its first up day.

To Rs 235.65, Adani Power decreased 5%.

At Rs 491.45, Adani Wilmar exceeded the 5% lower circuit limit.

Adani Transmission's price fell by 18% to Rs 1,648.

To Rs 2,351.75, Adani Total Gas had a 19.85 percent drop. Adani Green's price fell by 19% to Rs

To Rs 2,042.85, ACC jumped by 8.43%. To Rs 419.25, Ambuja Cement climbed by 10%.

Stocks of the Adani Group have recently suffered as a result of a Hindenburg Research analysis. The organisation claims that the research firm "copied-pasted" information from the business disclosures without conducting enough study. Additionally, it was claimed that they either conducted inadequate research or did so but mislead the public.Singh stated that the FPO will go according to schedule in an exclusive interview with Business Today Television managing editor Siddharth Zarabi. Singh said that his business was scrupulous in the method it used to raise money. According to him, Adani Enterprises has the freedom to complete the book based on the FPO procedure.

depending on the entire subscription, which is now predominantly being driven by institutional and long-term strategic investors. When Adani Enterprises' rates dropped below the bottom of the price range of Rs 3,112, Singh was questioned about what would happen to the retail side of the FPO.Adani Enterprises, according to Singh, is not a typical corporation that trades based on value factors like earnings multiples. It serves as an incubator. What it incubates is where its worth lies. Airports, ports, green hydrogen, data centres, Adani Wilmar, Adani Digital Labs, and Adani Mining enterprises are all incubated by Adani Enterprises. They are important enterprises. The ones with worth are the companies. You can get access to that value through Adani Enterprises. The quantity of shares one may obtain is what most people are interested in.about Adani Enterprises. When the firms are demerged and investors end up owning a comparable amount of shares based on ratios, Singh said, "value will occur."Singh claims that individual investors are quite sensitive to the share price. While there may be a volatility concern for non-family offices, institutional long-term investors, and long-term strategic investors, it does not alter for them the value of Adani Enterprises.