Adani Ports, Adani Power, Adani Energy: Adani Shares That Ended Higher Amidst Weak Trading On D-Street

Adani group stocks including Adani Ports, Adani Power, and Adani Energy Solutions closed in the green on Thursday despite negative trading on Dalal Street and a media report which highlighted that one of the auditors of the Gautam Adani-led power-to-port conglomerate was being probed by the country's accounting regulator the National Financial Reporting Authority (NFRA).

Overall, shares of Adani group companies traded mixed today.

Today, the share price of Adani Energy Solutions closed 3.46% higher at Rs 742.65 per share. Adani Power shares settled 5% higher at Rs 328.30 per share, while Adani Ports shares were up 0.18% at Rs 770.45 per share.

In today's intraday trading session, Adani Wilmark shares dropped over 5% to hit a 52-week low of Rs 303.45 per share. At the market close, Adani Wilmar shares were down 0.91% at Rs 317.50 per share.

The share price of other Adani group stocks including Adani Enterprises, and Adani Green was down 2.44%, and 3.15% respectively.

The NFRA has reportedly requested files and communications from an EY member company, SR Batliboi, which audits five Adani group firms, according to a Bloomberg report. Adani Power, Adani Green Energy, Adani Wilmar, along with cement players Ambuja Cements and ACC are audited by this company.

SR Batliboi also signed off on the books of Adani Ports & Special Economic Zone (APSEZ) until 2017, the report said.
The Indian equity market closed lower today. Sensex was down 1.41% at 63,148.15 points, while Nifty 50 settled 1.39% lower at 18,857.25 points.