Which Adani Stocks To Buy Now? Stop Loss & Target Price | Adani Share Update!

Shares of Adani Group stocks rallied sharply higher, surging up to 20 per cent, on Tuesday after the Bloomberg reported US agency concluded accusations against the Guatam Adani-led conglomerate weren’t relevant. The news by the news agency citing US officials pushed the Adani stocks upwards. Following the update, shares of Adani Enterprises Ltd surged more than 18 per cent to Rs 2,995.80 on Tuesday, before settling at Rs 2,960.10. The flagship firm of Adani Group's total market capitalization topped Rs 3.40 lakh crore mark once again. The stock has surged about 200 per cent from its 52-week lows. Adani Ports and Special Economic Zone Ltd surged about 17 per cent to hit new 52-week highs at Rs 1,023.90 on Tuesday, but ended at Rs 1,011.85, up 15 per cent. The Nifty50 constituent commanded a total market capitalization of more than Rs 2.18 lakh crore early in the session. The stock has gained 160 per cent from its 52-week lows. Adani Green Energy Ltd hit an upper circuit of 20 per cent to Rs 1,348 as its total market capitalization surged more than to Rs 2.13 lakh crore for the day. Adani Total Gas shares also gained about 20 per cent to Rs 878.20 with a total valuation close to Rs 1 lakh crore in the early session. Adani Energy Solutions Ltd also hit an upper circuit of 20 per cent to Rs 1,082.60, while Adani Power Ltd gained 16 per cent to Rs 538.50. Both companies commanded a total market valuation close to Rs 1.20 lakh crore and Rs 2.10 lakh crore, respectively. Adani Wilmar hit 10 per cent to Rs 380.90 on Tuesday, with a total mcap of Rs 50,000 crore.