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Adani Power hits fourth 5% upper circuit; No respite for Adani Green

Adani Power was locked at the 5 per cent upper limit, and has rallied 21 per cent in last four days. Adani Green hit 5 per cent lower circuit, and has shed 70 per cent since the Hindenburg allegation.

Adani, Gautam Adani
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Photo: Bloomberg

SI Reporter Mumbai
Shares of these three Adani Group stocks exhibited a divergent trend on Tuesday in intra-day trades on the BSE amid mixed news flow. 

Adani Power was locked at the 5 per cent upper limit at Rs 171.15 for the fourth straight trading day. The counter registered a volume of around 10.72 lakh shares on the BSE, with pending buy orders to the tune of ht 4.13 lakh shares as of 09:28 AM. Meanwhile, the S&P BSE Sensex was up 0.2 per cent at 60,822.

In the last four days, the stock has surged over 21 per cent, but still is