Shares of Adani Enterprises and Adani Ports were among the top gainers in Tuesday’s early deals as most of the Adani group stocks, including Adani Transmission, Adani Wilmar gained after the National Stock Exchange (NSE) revised circuit limits of Adani Green and Adani Transmission to 5% from 10%, to prevent large movements in price of stocks in a very short time.
Meanwhile, three Adani Group companies – Adani Ports, Adani Green and Ambuja Cements are due to announce their respective earnings for the third quarter ended December 2022 (Q3 FY23).
Ambuja Cements shares surged more than 3% ahead of its Q3 results. The Adani Group has been diversifying its business interests and last year bought cement firms ACC and Ambuja Cements from Switzerland’s Holcim for $10.5 billion.
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