Wednesday, 19 April 2017

Adani Enterprises zooms over 30% on bargain hunting

Shares of Adani Enterprises rallied over 30 per cent, hitting a 52-week high, on the Bombay Stock Exchange amid bargain hunting after declining 2.3 per cent last week. The stock was under selling pressure after the Supreme Court had rejected any relief to its subsidiary, Adani Power, in the contentious issue of compensation to its power plants.

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