Adani Share Price: The biggest news on Adani Group shares – suddenly jumped after a huge fall

News Topical, Digital Desk : Adani Share Price: Shares of Adani Group companies saw a sharp rise on Tuesday, January 27. After Friday's sharp decline, most of the group's stocks rebounded strongly, with some gaining up to 5 percent. Adani Enterprises Share Price and Adani Ports and Special Economic Zone were among the top Nifty gainers during this period.

Adani Enterprises shares rose
nearly 5 percent to reach approximately ₹1,955. Adani Ports and Special Economic Zone Share Price rose more than 4 percent to trade at approximately ₹1,363. Both stocks topped the Nifty gainers list in morning trade.

Adani Group Share Price
Other Adani Group stocks also saw a rise on Tuesday. Adani Green Energy Share Price rose by nearly 4 percent to reach around Rs 802. Adani Energy Solutions also gained nearly 4 percent and was trading at around Rs 844. Adani Power Share Price also gained more than 2 percent and reached around Rs 136. 

Adani Stocks witnessed a sharp sell-off on Friday . This recovery comes after a sharp sell-off on Friday, January 23. Adani Group shares fell sharply that day. According to reports, the US Securities and Exchange Commission had sought permission from the court to issue legal summons to billionaire Gautam Adani and group executive Sagar Adani, which had increased market pressure. Earlier on January 23, Adani Enterprises shares had closed down by nearly 11 percent, their lowest level since May 19, 2023. Adani Green Energy shares fell more than 14 percent that day. Adani Ports closed down nearly 7 percent. Adani Energy Solutions fell 10 percent, its biggest single-day decline since November 21, 2024. According to reports, the sell-off occurred after the SEC informed the court that it did not expect to serve summons through existing channels after India rejected two previous requests. The case involved an alleged fraud and bribery scheme worth $265 million. Adani Group has dismissed these allegations as baseless and stated that it will pursue all legal options. In June, Gautam Adani stated that despite the noise, Adani Group has not been accused of violating the US Foreign Corrupt Practices Act or obstructing justice. The company stated that there are no allegations against it and the matter does not trigger any disclosure requirements under SEBI regulations.
 

Read More: Stock Market 27 January: The stock market lost steam; Sensex fell 400 points, Nifty also in the red