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While shares of Adani Power are trading with gains of 16%, those of Adani Green Energy and Adani Energy Solutions are trading with gains of 12% each.
Shares of Adani Total Gas are trading 7.5% higher, while those of Adani Enterprises, the flagship group company, are trading with gains of 7%. The stock is also the top gainer on the Nifty 50 index.
The other Adani Group stock on the Nifty 50 index, Adani Ports, is trading 5% higher on Tuesday.
Adani Energy Solutions shared a business update for the December quarter, where it said that it maintained system availability of 99.7% during the quarter. It also added 225 circuit kilometers (ckm) during the quarter, taking the total transmission network to 26,485 ckm.
Last week, brokerage firm Ventura Securities wrote in a note about Adani Ports, where it projected a 50% upside on the stock over the next 24 months. It recommended buying for a price target of ₹1,674.
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