Adani group shares rally; Adani Enterprises soars 8%

Shares of Adani Group companies such as Adani Enterprises, Adani Power and Adani Port & Special Economic Zone (SEZ) are back into action and trading higher by up to 8% on the bourses.

Adani Enterprises, the flagship company of Adani Group, is the largest gainer among the pack. The stock soared 8% to Rs 561 on BSE, on back of over two-fold jump in trading volumes.

Till 1250 hours, a combined 4.28 million shares changed hands against an average sub 2 million shares that were traded daily in past two weeks on BSE and NSE.

Adani Power has soared nearly 7% to Rs 50.65 on BSE. A combined 10.45 million shares changed hands on the counter till BSE and NSE.

Adani Port and SEZ gained 5% to Rs 346, also its record high on BSE. A combined 5.61 million shares changed hands on BSE and NSE.